Unemployment Rate - College Graduates - Professional Degree, 18 to 19 years, Men
CGPD1819M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-98.86%
Date Range
6/1/2010 - 1/1/2022
Summary
Measures unemployment for young male college graduates with professional degrees aged 18-19, offering insights into early career job 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
Tracks jobless rates for highly educated young men, indicating entry-level professional employment challenges.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used to assess educational investment returns and early career employment trends.
Key Facts
- Reflects early career job market for professional degree holders
- Indicates potential educational investment outcomes
- Highlights entry-level employment challenges
FAQs
Q: Why track unemployment for young professional graduates?
A: Provides insights into job market readiness and potential misalignment between education and employment.
Q: How representative is this data?
A: Narrow age and education segment offers specialized labor market perspective.
Q: What impacts early career employment?
A: Economic conditions, industry demand, and skill relevance significantly influence job prospects.
Q: How often is this data updated?
A: Monthly updates provide current snapshot of young professional employment trends.
Q: Do professional degrees guarantee employment?
A: Advanced degrees improve job prospects but do not ensure immediate employment.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Professional Degree, 18 to 19 years, Men (CGPD1819M), retrieved from FRED.