Unemployment Rate - College Graduates - Doctoral Degree, 16 years and over
CGDD16O • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
116.67%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment rates for professionals with doctoral degrees across all age groups. Offers critical insights into high-education labor market dynamics.
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 jobless rates for individuals with doctoral-level education aged 16 and older. It reflects advanced degree holders' employment opportunities.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by researchers and policymakers to assess advanced education's economic value.
Key Facts
- Typically lowest unemployment rate among education levels
- Reflects high demand for specialized knowledge
- Indicates economic value of advanced research skills
FAQs
Q: Why do doctoral degree holders have lower unemployment?
A: Specialized skills, research expertise, and advanced training make them valuable across multiple sectors.
Q: How does this rate vary by academic field?
A: Varies significantly between STEM, humanities, and professional doctoral degrees.
Q: How often is this data updated?
A: Monthly updates through the Bureau of Labor Statistics' Current Population Survey.
Q: What impacts doctoral degree employment?
A: Research funding, industry demand, academic job markets, and technological innovation.
Q: Can this data predict future workforce trends?
A: Provides insights into high-skill labor market dynamics and educational investment returns.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Doctoral Degree, 16 years and over (CGDD16O), retrieved from FRED.