Labor force participation rate for ages 15-24, total (%) (modeled ILO estimate)

The labor force participation rate among individuals aged 15-24 reflects the percentage of this youth demographic that is engaged in the workforce, contributing to the economic landscape by either working or seeking employment. This indicator serves as a crucial gauge of young people's integration into the labor market, highlighting not only their economic engagement but also the opportunities available to them. A high participation rate may suggest favorable job prospects and robust economic conditions, while a low rate can indicate barriers such as educational commitments, a lack of available jobs, or discouragement from entering the workforce. Understanding this metric is essential for policymakers to design targeted interventions that support youth employment and economic empowerment. Source: