SGI 2024 | Sustainable Policymaking | Economic Sustainability | Adaptive Labor Markets

€EUOECD

Time series

Select Compare to SGI Values Y Axis (Max/Min):

Values among 30 countries

Indicator metadata and score calculation

Definition:	Unemployment rate, age group 15-24 years
Year:	2023
Unit:	Percent
Direction:	Low values translate into high scores
Source 1:	Eurostat
Data for:
Annotation:	Eurostat: Dataset: Unemployment rates by sex, age and country of birth (%) [lfsa_urgacob] URL: https://ec.europa.eu/eurosta… extracted 2024/08/28.
Source 2:	OECD
Data for:
Annotation:	OECD: Dataset: Employment and unemployment by five-year age group and sex - indicators URL: https://data-explorer.oecd.o… extracted 2024/08/28.

Calculation:	Long-term data series were used to set appropriate minimum and maximum values.
Minimum:	0
Maximum:	37.815
/	Below/Above IQR boundary value. See FAQ for further information.
Distance:	Distance=(value for calculation-minimum)/(maximum-minimum)
Score:	Score=10-relative distance*9

Top group

Score

Youth Unemployment Rate

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Japan

9.0

4.10

Upper middle group

Germany

8.6

5.90

Israel

8.6

5.99

USA

8.1

7.94

Switzerland

8.1

8.10

Netherlands

8.0

8.20

Czechia

8.0

8.30

Australia

8.0

8.39

Slovenia

7.6

9.90

7.5

10.39

Austria

7.5

10.40

Ireland

7.5

10.70

New Zealand

7.5

10.70

Canada

7.4

10.76

Norway

7.4

11.00

Poland

7.3

11.40

Denmark

7.3

11.50

Latvia

7.1

12.30

Hungary

7.0

12.80

Lithuania

6.7

13.80

Belgium

6.2

16.10

Finland

6.1

16.20

Lower middle group

France

5.9

17.20

Estonia

5.9

17.30

Slovakia

5.3

19.80

Portugal

5.2

20.30

Sweden

4.7

22.10

Italy

4.6

22.70

Greece

3.6

26.70

Spain

3.2

28.70

Bottom group

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