Unemployment Rate - College Graduates - Master's Degree, 20 to 24 years
CGMD2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
4.17%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among young college graduates with master's degrees. Provides critical insight into early-career labor market dynamics 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 measures joblessness for master's degree holders aged 20-24. It reflects entry-level employment challenges in specialized academic fields.
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 workforce alignment.
Key Facts
- Reflects early-career employment challenges
- Indicates higher education market value
- Tracks demographic-specific job market trends
FAQs
Q: What does this unemployment rate indicate?
A: Measures joblessness for master's degree holders aged 20-24. Reflects entry-level job market conditions.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Q: Why is this unemployment rate important?
A: Provides insights into job market challenges for young, highly educated professionals.
Q: How does this compare to overall youth unemployment?
A: Often lower than general youth unemployment due to advanced educational credentials.
Q: What factors influence this rate?
A: Economic conditions, industry demand, and specialized degree relevance impact employment.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Master's Degree, 20 to 24 years (CGMD2024), retrieved from FRED.