Unemployment Rate - College Graduates - Professional Degree, 20 to 24 years, Women
CGPD2024W • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.40
Year-over-Year Change
-62.01%
Date Range
12/1/2000 - 9/1/2024
Summary
Measures unemployment rates for women aged 20-24 with professional degrees. Provides crucial insights into early career employment for highly educated young women.
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 indicator tracks joblessness among women with professional degrees in the early career stage. It reflects entry-level job market conditions for advanced degree holders.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by educators and policymakers to assess young professional employment trends.
Key Facts
- Tracks early career employment for professional women
- Indicates job market entry challenges
- Reflects educational investment returns
FAQs
Q: What does this unemployment rate represent?
A: Measures joblessness for women aged 20-24 with professional degrees. Highlights early career employment challenges.
Q: Why is this metric important?
A: Provides insights into job market conditions for young, highly educated women. Indicates potential workforce barriers.
Q: How frequently is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Q: What factors affect this unemployment rate?
A: Economic conditions, industry demand, and educational specialization impact this metric.
Q: How can this data be used?
A: Helps policymakers, educators, and employers understand young professional employment trends.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Professional Degree, 20 to 24 years, Women (CGPD2024W), retrieved from FRED.