Civilian Labor Force - College Graduates - Professional Degree, 16 to 19 years
CGPDL1619 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
6/1/2003 - 3/1/2024
Summary
Measures labor force participation for young college graduates with professional degrees aged 16-19. Provides early insights into emerging professional workforce trends.
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 young professionals with college professional degrees who are actively seeking or engaged in employment. It reflects early career workforce dynamics.
Methodology
Collected through comprehensive U.S. Bureau of Labor Statistics household surveys.
Historical Context
Critical for understanding youth employment and educational achievement patterns.
Key Facts
- Captures youngest professional degree holders
- Indicates early career workforce potential
- Reflects educational investment outcomes
FAQs
Q: What does this labor force metric measure?
A: Tracks employment status of 16-19 year old college graduates with professional degrees. Provides early insight into youth workforce participation.
Q: Why track such a young professional demographic?
A: Offers early indicators of educational investment returns and emerging workforce trends for young professionals.
Q: How reliable is data for this age group?
A: Statistically significant but may have higher variability due to small sample size of very young professionals.
Q: What professional degrees are typically included?
A: Includes law, medicine, advanced technical, and specialized professional educational credentials.
Q: How does this data impact educational planning?
A: Helps institutions and policymakers understand early career outcomes for professional degree programs.
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Citation
U.S. Federal Reserve, Civilian Labor Force - College Graduates - Professional Degree, 16 to 19 years (CGPDL1619), retrieved from FRED.