Unemployment Level - College Graduates - Professional Degree, 18 to 19 years
CGPDU1819 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
400.00%
Date Range
6/1/2010 - 1/1/2021
Summary
Measures unemployment among young college graduates with professional degrees. Provides critical insights into high-education labor 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
This indicator tracks jobless young adults with professional degrees. It helps economists understand employment challenges for highly educated young professionals.
Methodology
Data collected through monthly household surveys by the Bureau of Labor Statistics.
Historical Context
Used by educational institutions and policymakers to assess professional degree market value.
Key Facts
- Tracks employment for highly educated young professionals
- Indicates professional degree market relevance
- Helps assess educational investment returns
FAQs
Q: What does this unemployment metric represent?
A: Tracks jobless 18-19 year olds with professional college degrees. Provides insights into early career employment challenges.
Q: Why is this unemployment data significant?
A: Helps understand employment prospects for young professionals and educational program effectiveness.
Q: How frequently is this data updated?
A: Monthly updates through comprehensive Bureau of Labor Statistics surveys.
Q: Can this data predict future job markets?
A: Offers valuable signals about professional degree market demand and employment trends.
Q: What are the data's potential limitations?
A: Represents a narrow age and education demographic, may not reflect broader employment landscapes.
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Citation
U.S. Federal Reserve, Unemployment Level - College Graduates - Professional Degree, 18 to 19 years (CGPDU1819), retrieved from FRED.