Chart 9. Labor force participation rates of youth, 1993–2023 and 2023–33 projected (in percent)
Year Participation rate, ages 16 to 17 Participation rate, ages 18 to 19 Participation rate, ages 20 to 24

1993

40.4 62.6 77.0

1994

43.3 62.5 77.0

1995

43.5 63.9 76.6

1996

42.5 62.6 76.8

1997

41.2 62.6 77.6

1998

42.2 63.5 77.5

1999

41.4 62.6 77.5

2000

40.9 63.1 77.8

2001

38.5 60.9 77.1

2002

35.4 59.7 76.4

2003

33.4 57.2 75.4

2004

32.0 57.1 75.0

2005

32.2 56.9 74.6

2006

32.5 57.1 74.6

2007

30.0 54.7 74.4

2008

27.9 54.2 74.3

2009

24.9 51.4 72.9

2010

22.4 49.1 71.4

2011

21.5 47.9 71.3

2012

22.0 47.8 70.9

2013

22.6 48.0 70.7

2014

22.2 47.6 70.8

2015

22.5 47.8 70.7

2016

23.6 48.7 70.5

2017

24.7 47.7 71.3

2018

23.9 47.8 71.1

2019

23.7 48.3 72.2

2020

23.8 46.6 69.3

2021

25.6 48.4 70.8

2022

26.9 48.1 71.0

2023

26.5 49.1 71.3

2024 projected

26.2 48.7 71.1

2025 projected

26.0 48.4 70.9

2026 projected

25.7 48.0 70.7

2027 projected

25.5 47.7 70.4

2028 projected

25.3 47.4 70.2

2029 projected

25.0 47.0 70.0

2030 projected

24.8 46.7 69.8

2031 projected

24.6 46.3 69.6

2032 projected

24.3 46.0 69.4

2033 projected

24.1 45.7 69.1

Source: U.S. Bureau of Labor Statistics.