While the youth unemployment rate usually is higher and tends to be more volatile than the overall unemployment rate, this also has been declining steadily. In addition, the job offer rates for the respective months have registered record highs.
While figures for the job offer rates are only available from 1997, the rates must have been high during the bubble period and lower after the burst of the bubble, given that they are negatively correlated with the youth unemployment rate. The shaded areas in the chart represent the so-called "employment ice age.