Unemployment Rate - College Graduates - Bachelor's Degree, 16 to 17 years, Women
CGBD1617W • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.40
Year-over-Year Change
-9.29%
Date Range
9/1/2002 - 5/1/2023
Summary
Measures unemployment for young women with bachelor's degrees aged 16-17. Provides insights into early career employment challenges.
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
Tracks employment status of highly educated young women. Reflects entry-level job market conditions for recent graduates.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by educators and policymakers to understand youth employment trends.
Key Facts
- Indicates early career employment challenges
- Reflects higher education's employment potential
- Helps understand youth labor market dynamics
FAQs
Q: Why track unemployment for this specific demographic?
A: Provides insights into early career opportunities for educated young women. Indicates labor market entry conditions.
Q: How does this rate differ from other age groups?
A: Typically reflects unique challenges of first-time job seekers. Varies with economic conditions.
Q: What impacts this unemployment rate?
A: Economic cycles, industry demand, and skill matching significantly influence employment.
Q: How frequently is this data updated?
A: Monthly updates provide current snapshot of youth employment trends.
Q: What can this data tell us about education?
A: Demonstrates relationship between education level and employment opportunities.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Bachelor's Degree, 16 to 17 years, Women (CGBD1617W), retrieved from FRED.