The data shows the seasonally-adjusted unemployment rate among persons between 16 and 24 years in the U.S. on a monthly basis. Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. Youth unemployment stood at 8.4% in April 2018.
Youth unemployment in the United StatesThe United States Bureau of Labor Statistics track unemployment of persons between the ages of 16 and 24 years each month. In analyzing the data, the Bureau of Labor Statistics performed a seasonal adjustment—removing seasonal influences from the time series, such that one month’s rate of unemployment could be analyzed in comparison with another month’s rate of unemployment.
