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Teenage unemployment rate - adjusted monthly number in the United States

 

Monthly unemployment rate among teenagers in the United States from April 2012 to April 2013 (seasonally adjusted)

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United States; 16-19 years; April 2012 to April 2013 Source: Bureau of Labor Statistics


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This statistic displays the seasonally-adjusted unemployment rate among teenagers in the United States 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. Unemployment among teenagers (16 to 19 years) stood at 24.1 percent in April 2013. The general unemployment rate by state can be found here, the annual national unemployment rate can be found here.

Statistic Information
 
close Markets and sectors
Society , Politics & Economy
Survey
Survey time period April 2012 to April 2013
Object of investigation Seasonally adjusted monthly unemployment rate
Region United States
Macroregion North-America only
Type time series
Category other
Relevance 3
Age group 16-19 years
Release
Published by Bureau of Labor Statistics
Release date May 2013
Further information Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. It is normal to report un-adjusted data for current unemployment rates, as these reflect the actual current situation. Seasonally adjusted data may be used for the longer term comparison. Unlike the trend and cyclical components, seasonal components, theoretically, happen with similar magnitude during the same time period each year. The seasonal component of a series are often considered to be uninteresting in their own right and to cause the interpretation of a series to be ambiguous. By removing the seasonal component, it is easier to focus on other components.
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