Unemployment Level - College Graduates - Doctoral Degree, 20 to 24 years
CGDDU2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-33.33%
Date Range
4/1/2000 - 6/1/2025
Summary
Measures unemployment for doctoral degree holders aged 20-24. Offers critical 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
Economic indicator tracking joblessness among young adults with doctoral degrees. Helps analyze academic workforce entry challenges.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by educational institutions and policymakers to understand doctoral graduate employment trends.
Key Facts
- Early-career doctoral graduate employment indicator
- Tracks youngest doctoral degree holders
- Reveals academic workforce entry challenges
FAQs
Q: What does this unemployment series track?
A: Measures joblessness for doctoral degree holders between ages 20-24. Indicates early-career employment challenges.
Q: Why is this data significant?
A: Provides insights into employment prospects for highly educated young professionals. Helps understand academic workforce dynamics.
Q: How frequently is the data updated?
A: Monthly updates through the Current Population Survey by U.S. Bureau of Labor Statistics.
Q: What factors impact this unemployment rate?
A: Research funding, industry demand, academic job market, and economic conditions influence this metric.
Q: Can this data inform educational policy?
A: Helps policymakers and institutions understand doctoral graduate employment trends and potential workforce interventions.
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Citation
U.S. Federal Reserve, Unemployment Level - College Graduates - Doctoral Degree, 20 to 24 years (CGDDU2024), retrieved from FRED.