Youth unemployment rate in the United States in 2023

In 2023, the youth unemployment rate in the United States remained nearly unchanged at around 7.98 percent. But still, the youth unemployment rate reached its lowest value of the observation period in 2023.
The youth unemployment rate of a country or region refers to the share of the total workforce aged 15 to 24 that is currently without work, but actively searching for employment. It does not include economically inactive persons such as full-time students or the long-term unemployed.

Find more key insights for the youth unemployment rate in countries like Mexico and Canada.