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Table 5 Labor market performance variables, averages per group of countries and age category, 2000–2014

From: Youth minimum wages and youth employment

Groups and age categories

Employment rate

Labor force participation rate

Unemployment rate

Group 1

 15–19

19.6

24.9

26.9

 20–24

53.7

63.7

16.5

 25–29

74.2

82.5

10.1

 30–34

77.2

83.7

7.8

 35–39

78.6

84.5

6.9

 40–44

79.4

85.0

6.5

 45–49

78.0

83.2

6.2

 50–54

72..6

77.3

6.1

 55–59

58.4

62.0

5.9

 60–64

34.0

35.7

4.7

 Average

62.6

68.3

9.7

Group 2

 15–19

36.0

42.4

18.2

 20–24

63.7

71.7

11.7

 25–29

76.8

83.0

7.7

 30–34

82.2

87.2

5.7

 35–39

84.4

88.6

4.8

 40–44

85.2

89.1

4.4

 45–49

84.5

88.1

4.2

 50–54

81.1

84.7

4.2

 55–59

70.8

74.3

4.7

 60–64

44.0

45.8

4.0

 Average

70.9

75.5

7.0

Group 1A

 15–19

24.9

31.0

25.7

 20–24

55.6

65.4

16.0

 25–29

74.7

82.7

9.8

 30–34

77.6

83.8

7.5

 35–39

78.3

83.8

6.5

 40–44

78.5

83.6

6.1

 45–49

77.0

81.6

5.7

 50–54

71.4

75.6

5.6

 55–59

57.6

60.8

5.3

 60–64

34.5

36.0

4.2

 Average

63.0

68.4

9.2

Group 1B

 15–19

11.4

15.5

29.7

 20–24

49.3

60.2

18.7

 25–29

73.2

82.8

11.5

 30–34

76.7

84.2

8.7

 35–39

79.0

85.7

7.8

 40–44

80.2

86.5

7.2

 45–49

78.6

84.5

6.9

 50–54

72.9

78.2

6.8

 55–59

57.6

61.6

6.5

 60–64

31.5

33.2

5.1

 Average

61.0

67.2

10.9