Unemployment Rate - College Graduates - Doctoral Degree, 20 to 24 years
CGDD2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.00
Year-over-Year Change
412.82%
Date Range
4/1/2000 - 6/1/2025
Summary
Measures unemployment rates for doctoral degree holders aged 20-24. Provides unique insights into early-career employment for highly educated 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 tracks joblessness among young doctoral degree recipients, reflecting advanced education's immediate labor market impact.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Critical for understanding higher education's economic value and workforce integration.
Key Facts
- Early career doctoral unemployment reflects specialized market demands
- Represents highest educational attainment demographic
- Indicates potential academic and industry employment challenges
FAQs
Q: Why are doctoral graduates tracked separately?
A: Doctoral degrees represent specialized training with unique employment pathways. Separate tracking provides precise labor market insights.
Q: Do doctoral degrees guarantee employment?
A: Advanced degrees increase employment prospects but do not guarantee immediate job placement. Market demand varies by field.
Q: How frequently is this data updated?
A: Monthly updates provide current employment trends for young doctoral degree holders.
Q: What factors influence doctoral graduate employment?
A: Research funding, industry demand, academic positions, and economic conditions significantly impact employment.
Q: Are international comparisons available?
A: U.S. data provides domestic insights; international comparisons require additional research sources.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Doctoral Degree, 20 to 24 years (CGDD2024), retrieved from FRED.