Unemployment rate young vs older adults in United States
United States: Unemployment rate young vs older adults was 8.92 in 2024. ▼ Falling
Unemployment rate young vs older adults in United States, 1991–2024
Source: Our World in Data.
Analysis
In 2024, unemployment rate young vs older adults in United States stood at 8.92.
The figure is up 12.2% on the previous year and down 33.5% over ten years.
Over the whole period, unemployment rate young vs older adults in United States peaked at 18.36 in 2010 and was at its lowest, 7.95, in 2023.
That places United States 130th out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Unemployment rate young vs older adults in United States, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 13.51 | — |
| 1992 | 14.31 | +5.9% |
| 1993 | 13.43 | -6.2% |
| 1994 | 12.55 | -6.5% |
| 1995 | 12.19 | -2.9% |
| 1996 | 12.09 | -0.8% |
| 1997 | 11.43 | -5.5% |
| 1998 | 10.42 | -8.8% |
| 1999 | 9.89 | -5.1% |
| 2000 | 9.28 | -6.2% |
| 2001 | 10.49 | +13.1% |
| 2002 | 11.94 | +13.8% |
| 2003 | 12.36 | +3.6% |
| 2004 | 11.79 | -4.6% |
| 2005 | 11.24 | -4.7% |
| 2006 | 10.43 | -7.2% |
| 2007 | 10.47 | +0.4% |
| 2008 | 12.76 | +21.8% |
| 2009 | 17.52 | +37.3% |
| 2010 | 18.36 | +4.8% |
| 2011 | 17.27 | -5.9% |
| 2012 | 16.21 | -6.1% |
| 2013 | 15.56 | -4.0% |
| 2014 | 13.41 | -13.8% |
| 2015 | 11.63 | -13.3% |
| 2016 | 10.43 | -10.3% |
| 2017 | 9.24 | -11.4% |
| 2018 | 8.61 | -6.8% |
| 2019 | 8.38 | -2.7% |
| 2020 | 14.89 | +77.8% |
| 2021 | 9.7 | -34.8% |
| 2022 | 8.11 | -16.5% |
| 2023 | 7.95 | -1.9% |
| 2024 | 8.92 | +12.2% |
United States compared with similar countries
- United States's 8.92 is below the median for high income countries, which is 13.4, 67% of the median. (62 countries reporting)
Biggest year-on-year movements
Years where Unemployment rate young vs older adults in United States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +77.8% | 8.38 | 14.89 |
| 2009 | +37.3% | 12.76 | 17.52 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.2 | 9.89 | 14.31 | 9 |
| 2000s | 11.83 | 9.28 | 17.52 | 10 |
| 2010s | 12.91 | 8.38 | 18.36 | 10 |
| 2020s | 9.91 | 7.95 | 14.89 | 5 |
Countries ranked near United States
More work & labour data for United States
- Persons outside the labour force (ILO modelled estimates) 113,208 (2027)
- Labour force participation rate (ILO modelled estimates) 61.24 (2027)
- Labour force (ILO modelled estimates) 178,849 (2027)
- Unemployment rate (ILO modelled estimates) 4.4 (2027)
- Labour dependency ratio 1.05 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 159,991 (2027)
- Output per worker, GDP constant 2015 US $ 141,322 (2027)
- Employment-to-population ratio (ILO modelled estimates) 58.55 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.27 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.3372 % change on previous year (2027)
Frequently asked questions
- What is unemployment rate young vs older adults in United States?
- Unemployment rate young vs older adults in United States was 8.92 in 2024, according to Our World in Data.
- What is the highest unemployment rate young vs older adults recorded in United States?
- The highest recorded value was 18.36 in 2010.
- What is the lowest unemployment rate young vs older adults recorded in United States?
- The lowest recorded value was 7.95 in 2023.
- How does United States rank for unemployment rate young vs older adults?
- United States ranks 130th out of 188 countries with data for 2024.
- Is unemployment rate young vs older adults rising or falling in United States?
- Over the last ten years it is down 33.5%. The long-run trend across the full record is falling.
- Where does this United States data come from?
- The figures come from Our World in Data, published as part of Unemployment rate young vs older adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).