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3. Youth unemployment rate - % of active population aged 15-24

Youth unemployment rate - % of active population aged 15-24

The youth unemployment rate is a MIP auxiliary indicator, expressed as the percentage of unemployed individuals aged 15 to 24 compared to the total labour force (both employed and unemployed) within the same age group. Unemployed persons are defined as those who meet all three of the following conditions: they were not employed during the reference week; they were available to start working within the two weeks following the reference week; and they had actively sought work in the four weeks preceding the reference week, or had already secured a job scheduled to start within the next three months. In the table, the values are also presented as changes over a three-year period (in percentage points). The source of the data is the quarterly EU Labour Force Survey (EU-LFS), which covers the resident population living in private households.