Unemployment Rate: College Graduates: Advanced Degree: Master's Degree and Higher, 16 to 19 years
CGAD1619 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.80
Year-over-Year Change
-20.72%
Date Range
10/1/2015 - 5/1/2025
Summary
Tracks unemployment for young adults with advanced academic credentials. Provides nuanced insights into labor market dynamics for highly educated youth.
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 metric measures joblessness among 16-19 year olds with master's degrees or higher. Reveals employment challenges for exceptionally educated young professionals.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by educational institutions and workforce planners to understand advanced degree market value.
Key Facts
- Indicates labor market absorption of highly educated youth
- Reflects specialized workforce entry challenges
- Provides insight into educational investment returns
FAQs
Q: Why track unemployment for advanced degree holders?
A: Reveals alignment between advanced education and job market demands. Helps understand skill-job market matching.
Q: How does advanced education impact employment?
A: Higher education typically correlates with lower unemployment and increased earning potential.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Q: What factors influence this unemployment rate?
A: Economic conditions, industry demand, specialization, and emerging job market trends significantly impact rates.
Q: Can this data predict economic trends?
A: Advanced degree unemployment provides insights into knowledge economy dynamics and skill market evolution.
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Citation
U.S. Federal Reserve, Unemployment Rate: College Graduates: Advanced Degree: Master's Degree and Higher, 16 to 19 years (CGAD1619), retrieved from FRED.