Unemployment Rate - College Graduates - Bachelor's Degree, 20 to 24 years, Men
CGBD2024M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.60
Year-over-Year Change
45.00%
Date Range
1/1/2000 - 7/1/2025
Summary
Measures unemployment rates for male college graduates aged 20-24. Critical indicator of early career employment challenges for young educated men.
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 joblessness among young male college graduates entering the workforce. Provides insights into entry-level job market conditions.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by educators, policymakers, and employers to understand youth employment trends.
Key Facts
- Captures early career employment challenges
- Reflects entry-level job market conditions
- Important for understanding youth workforce trends
FAQs
Q: Why are unemployment rates different for 20-24 year old graduates?
A: Early career stage involves job searching, internships, and initial career placement, leading to higher potential unemployment.
Q: How do these rates compare to older college graduates?
A: Younger graduates typically experience higher unemployment due to less work experience and ongoing job market integration.
Q: What impacts this age group's employment?
A: Factors include economic conditions, industry demand, and specific degree marketability.
Q: How frequently is this data collected?
A: Monthly updates provide current insights into young male graduate employment trends.
Q: What can students do to improve employment prospects?
A: Internships, networking, and developing specialized skills can significantly improve job market competitiveness.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Bachelor's Degree, 20 to 24 years, Men (CGBD2024M), retrieved from FRED.