Unemployment Rate - College Graduates - Bachelor's Degree, 20 to 24 years
CGBD2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.50
Year-over-Year Change
-2.30%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among recent college graduates aged 20-24 with bachelor's degrees. Provides critical insight into early-career labor market conditions for young professionals.
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 for young bachelor's degree holders, reflecting entry-level job market dynamics and educational workforce transitions.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers and educators to assess higher education's labor market effectiveness.
Key Facts
- Reflects early-career job market challenges
- Indicates educational workforce alignment
- Important economic transition indicator
FAQs
Q: What does this unemployment rate measure?
A: Tracks joblessness for 20-24 year old bachelor's degree holders. Indicates entry-level job market conditions.
Q: Why is this unemployment rate important?
A: Reveals economic opportunities for recent graduates. Helps understand educational investment returns.
Q: How often is this data updated?
A: Monthly data collection through Current Population Survey by Bureau of Labor Statistics.
Q: How does this rate compare to overall youth unemployment?
A: Generally lower than non-degree holders, reflecting educational credential advantages.
Q: What factors influence this unemployment rate?
A: Economic cycles, industry demand, and regional job market conditions significantly impact rate.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Bachelor's Degree, 20 to 24 years (CGBD2024), retrieved from FRED.