The youth unemployment rate is the unemployment rate of people aged 15 - 24 as a percentage of the labour force of the same age, based on International Labour Office (ILO) definition. For more information on the definition: reference metadata information. The MIP indicator is calculated as an average of the last three years values of the annual unemployment rates.
The indicative threshold for the Youth unemployment rate (3 years change in p.p.) is 2.0 p.p. When the value of the indicator is below the defined threshold the country is coloured in green on the map.
Source: Eurostat Labour Force Survey (online data code: tipslm80).
- Underlying methodology and statistical classifications: Eurostat MIP dedicated section.
- MIP scoreboard design and indicators thresholds: Scoreboard for the surveillance of macroeconomic imbalances (Occasional Paper 92/2012).
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the value of the indicator is below the defined threshold
the value of the indicator is above the defined threshold