Unemployment Rate - Associate Degree, 20 to 24 years
ADEG2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
45.83%
Date Range
1/1/2000 - 7/1/2025
Summary
Measures unemployment rates for young adults with associate degrees aged 20-24. Provides insights into vocational education and early career employment.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator tracks joblessness among individuals with two-year college degrees in a critical early career stage. It evaluates vocational education's labor market impact.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Helps policymakers understand community college graduates' workforce integration.
Key Facts
- Reflects employment outcomes for associate degree holders
- Indicates vocational education's market value
- Captures early career employment challenges
FAQs
Q: How do associate degree unemployment rates compare to bachelor's degree rates?
A: Associate degree holders often experience different employment patterns compared to four-year degree graduates.
Q: What industries typically employ associate degree graduates?
A: Technical, healthcare, and skilled trades frequently employ associate degree holders in robust job markets.
Q: How frequently is this data updated?
A: Monthly updates provide current insights into young adult employment trends.
Q: Why focus on 20-24 age group?
A: This age range represents critical early career development and initial workforce entry for associate degree graduates.
Q: What economic factors influence this unemployment rate?
A: Regional economic conditions, industry demand, and skill specialization significantly impact employment opportunities.
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Citation
U.S. Federal Reserve, Unemployment Rate - Associate Degree, 20 to 24 years (ADEG2024), retrieved from FRED.