The Labor Department said Friday that employers added a solid 196,000 jobs in March. For those over the age of 25 who’ve earned a bachelor’s degree, the unemployment rate stays far below the national average of 3.7% (as of July 2019). One year after graduation, the unemployment rate of 2007–2008 bachelor's degree recipients was 9%. The underemployment rate was 34% for all college graduates and 41.1% for recent grads. By The Associated Press. Statistics South Africa’s results for the first quarter of 2019 showed an unemployment rate of 31% among graduates up to the age of 24. BEIJING, June 16 (Xinhua) -- The employment rate of the 2018 Chinese college graduates remained stable at 91.5 percent, with the private sector being the biggest recruiter for graduates, a report showed. Statistics South Africa’s results for the first quarter of 2019 showed an unemployment rate of 31% among graduates up to the age of 24. Unemployment Rate of Persons Aged 15 Years and above in Palestine by Governorate and Sex, 2015 Time Series Statistics Unemployment Rate Among Labour Force Participants of Individuals Aged 15 Years and Above in Palestine by Sex and Governorate, 2000-2019 All Rights Reserved, This is a BETA experience. To control for education level, the median wages shown are for full-time workers with a bachelor’s degree, … There are concerns that a recession may happen in the near future. My articles come from an experienced recruiter’s insider perspective. Article share tools I have previously served as publisher of Savingforcollege.com, Cappex, Edvisors, Fastweb and FinAid. However, statistics about community college graduates indicate that they can’t expect the same. June 3, 2019. Half of college graduates may be headed for unemployment By Matthew Mayhew and Alyssa Rockenbach, Opinion Contributors — 05/12/20 03:30 PM EDT The views expressed by … Even though they are either unemployed or earning less than they desired, they will still likely owe a large amount in student loans. While 62% of people with only a high school degree work in “routine” occupations that are more susceptible to automation, only 28% of people with a bachelor’s degree and only 11% of people with a graduate degree do. Bankrate found that the college major with the highest unemployment rate was petroleum engineering, with 7.5% of graduates unemployed. I have been quoted in more than 10,000 newspaper and magazine articles about college admissions and financial aid. According to the Fed, college graduates—defined as ages 22 to 27 years old, holding a bachelor’s degree or higher— are  more likely to be unemployed and underemployed compared to overall workers. The Cost of College Continues to Climb. Unemployment rates of 25- to 34-year-olds, by sex and educational attainment: 2019. This statistic shows the unemployment rate of recent graduates in the United States from January 2016 to September 2020. These people are stuck in gig economy roles, temporary work or lower-end positions. In fact, the top 25 with the lowest unemployment rate have salaries that range from $27,701-$99,363. The unemployment and underemployment rates shown are for recent college graduates (ages 22 to 27). And for Asian and Pacific Islander college grads, the rate climbs even more to 7.7%. The unemployment rate among college graduates was as high as 2.4 percent in 2017 and as recently as November 2010 was 5.0 percent. They are collecting large tuition payments and short-changing the students by not informing them of the risks inherent with pursuing some majors. Gaza Strip, Khanyounis governorate registered the highest unemployment rate with about 58% followed by Deir Al-Balah with a rate of about 57%, while the lowest rate was in Gaza governorate with a rate of about 48%. This is the first time it's happened in almost 30 years. The New York Federal Reserve Bank came out with a disturbing report that looks troublesome for college students, recent graduates and their parents. compare the unemployment rate of recent college graduates with that of other workers; ... June 5, 2019. Among people with a Bachelor’s degree or more advanced degree, unemployment rates differed by gender and race. Contact Us: If you have any questions about The … The unemployment rate for recent college graduates (4.0%) exceeded the average for all workers, including those without a degree (3.6%) in 2019. Response: Focusing on 25- to 34-year-olds, this Fast Fact examines recent trends in the employment rate. Data users are cautioned that these annual population adjustments can affect the comparability of household data series over time. Hey, Economist! Find a good job. College graduates at a job fair in Fuyang Normal University in East China's Anhui province, March 16, 2019. Live happily ever after.” Sound familiar? Jobless claims dropped by 19,000 in the past week, which is near historically low levels. Without the appropriate skills and a useful degree, they’ll lose out even more. It appears that the universities are not aligning their curriculum with the needs of today's job market. Statistics show that the unemployment rate for recent college graduates has been steadily moving upward, while the general unemployment rate for all other workers has been rapidly declining over the last 10 years. June 3, 2019. You may opt-out by. It is understandable that money isn’t everything, but the college administrators are the adults in the room and should take great care in educating students on how to manage bouts of unemployment, underemployment and low salaries with their heavy-tuition debt load. The amount of outstanding student loans is estimated at about $1.5 trillion. Contact Us: If you have any questions about The … Working as a Barista after College Is Not as Common as You Might Think . To control for education level, the median wages shown are for full-time workers with a bachelor’s degree, … I am a CEO, founder, and executive recruiter at one of the oldest and largest global search firms in my area of expertise, and have personally placed thousands of professionals with top-tier companies over the last 20-plus years. My career advice will cover everything you need to know, including helping you decide if you really should seek out a new opportunity, whether you are leaving for the wrong reasons, proven successful interviewing techniques, negotiating a salary and accepting an offer and a real-world understanding of how the hiring process actually works. College Majors with High Unemployment Rates. Unemployment rates were higher for men than women (4.2% vs. 3.9%) and lower for White people (3.6%) than for Black or African-American people (6.3%), Asian people (5.4%) and Hispanic or Latino people (6.3%). I am Publisher of PrivateStudentLoans.guru, a free web site about borrowing to pay for college. General Education majors have an unemployment rate of just 1%. This interactive chart compares the historical unemployment rate for college graduates versus those with just a high school diploma and no college studies. You may opt-out by. That was the lowest jobless rate since the last quarter of 2008 as the number of unemployed declined by 22,500 to 3.192 million and employment rose by 92,600 to 19.967 million. Jobless rate falls for college graduates but climbs for Americans without high school diplomas… Among people age 25 or older with a Bachelor’s degree or more advanced degree, the unemployment rate was 4.1% in November 2020, down from the peak of 8.2% in April 2020 but above the 1.8% unemployment rate in November 2019. The white unemployment rate in 2019 is slightly above its 2000 low, up from 4.0 percent to 4.2 percent. Gaza Strip, Khanyounis governorate registered the highest unemployment rate with about 58% followed by Deir Al-Balah with a rate of about 57%, while the lowest rate was in Gaza governorate with a rate of about 48%. The unemployment rate for veterans of the wars in Iraq and Afghanistan fell to 3.1% from 3.4% in February. Hispanic graduates have a 6.4 percent unemployment rate, 1.6 percent higher than in 2000. Employment rates of college graduates. Their rate of unemployment will skyrocket and more people will be forced into low-level jobs to make ends meet. Release Table for Nov 2020, Unemployment rate by educational attainment and age, monthly, not seasonally adjusted: 25 years and over. White graduates have a 4.2 percent unemployment rate, 0.2 percent higher than in 2000. New data from the New York Fed reveals that the unemployment rate for recent graduates actually rose in the second quarter of 2019.. The Labor Department said Friday that employers added a solid 196,000 jobs in March. Since 2000, the share of high school dropouts to be employed has risen and fallen. The overall unemployment rate held steady at 3.8%. Around 53% of recent college graduates are unemployed or underemployed. The unemployment rates for all other races are even higher and have recovered less since the Great Recession, further widening the racial gaps. Unemployment Rate Among labour Force Participants (aged 15 Years and above) by Governorate, 2018 17.2 17.6 37.5 52.0 0 5 10 15 20 25 30 Among graduates, the national unemployment rate … Unemployment Rate - College Graduates - Bachelor's Degree, 20 to 24 years (CGBD2024) Download Oct 2020: 7.9 | Percent | Monthly | Updated: Nov 6, 2020 Among college graduates age 25 and older with just a Bachelor’s degree, the unemployment rate was 4.7% in November 2020, compared with 9.4% in April 2020 and 1.9% in November 2019. unemployment rate of 12.9 percent about 3.6 times the national, unemployment rate of 3.6 percent in April 2019. Overall, unemployment rates decrease with increasing educational attainment. 7. The unemployment rates were a little higher for recent college graduates age 16-24 than for college graduates age 25 and older in November 2020. When you’re stuck in a cycle of low-paying, go-nowhere jobs, it's as mentally and emotionally difficult as being unemployed. I am an expert on student financial aid, the FAFSA, scholarships, 529 plans, education tax benefits and student loans. Spain's unemployment rate fell to 13.80 percent in the fourth quarter of 2019 from 13.92 percent in the previous three-month period and below market expectations of 14.00 percent. To put this into perspective, the current unemployment rate is about 3.6%. The graphic above shows how the unemployment rate for recent college graduates has been inching upwards, from 3.8% in May to 4% in September. The unemployment rate for recent college graduates with a bachelor’s degree, at 8.8 percent, decreased from the previous year. Shouldn’t the schools ensure that, in addition to offering a well-rounded education, their students should be capable of getting a job and earning a reasonable salary? The current as of November 2020 is 4.20. Among college graduates age 25 and older with just a Bachelor’s degree, the unemployment rate was 4.7% in November 2020, compared with 9.4% in April 2020 and 1.9% in November 2019. College graduates unemployment rate is one of those topics that should not be avoided. I serve on the editorial board of the Journal of Student Financial Aid, the editorial advisory board of Bottom Line/Personal, and am a member of the board of trustees of the Center for Excellence in Education. During these years, the same patterns in employment rates were observed for those at most levels of educational attainment. Get Free College Graduate Unemployment Rate 2019 now and use College Graduate Unemployment Rate 2019 immediately to get % off or $ off or free shipping The unemployment rate of recent college graduates (4.0% as of September) has now been higher than all workers (3.65%) for six straight months. The unemployment rates were a little higher for recent college graduates age 16-24 than for college graduates age 25 and older in November 2020. The unemployment rates for all other races are even higher and have recovered less since the Great Recession, further widening the racial gaps. Unemployment Rate of Persons Aged 15 Years and above in Palestine by Governorate and Sex, 2015 Time Series Statistics Unemployment Rate Among Labour Force Participants of Individuals Aged 15 Years and Above in Palestine by Sex and Governorate, 2000-2019 In doing so, I have founded a start-up company, WeCruitr, where our mission is to make the job search more humane and enjoyable. Those who studied “mass media,” liberal arts, anthropology and philosophy all faced an unemployment rate of over 6 percent (compared to an average 3.9 percent unemployment rate). May 19, 2017. Trends for young workers holding only a high school diploma provide a comparison Many of these science-based college majors prepare graduates to work in some of the highest paying jobs in the country. Among workers age 25 and older who graduated high school but did not attend college, the unemployment rate was 4.3 percent … The rates are all higher than 2000 numbers, which are considered the best employment figures for college grads in relatively recent history. Is Now a Good Time to Be Graduating from College? The unemployment rate for … To put this into perspective, the current unemployment rate is about 3.6%. The youth unemployment rate currently sits at 55.2%, with almost two-thirds of unemployed South Africans falling into the youngest age bracket. Opinions expressed by Forbes Contributors are their own. 7. Opinions expressed by Forbes Contributors are their own. For comparison, the overall national unemployment rates were 5.8% for people age 25 or older and 10.8% for people age 16-24 as of November 2020. In the North East the rate is 5.2% which is unchanged over the last quarter. College graduates fared better, while people with just a high school diploma fared worse. The unemployment rate for veterans of the wars in Iraq and Afghanistan fell to 3.1% from 3.4% in February. Source: Xinhua| 2019-06-16 21:41:25|Editor: Xiang Bo. Of course, not all of the jobs with the lowest unemployment rate pay high wages. College graduates fared better, while people with just a high school diploma fared worse. Every year, over 290,000 students graduate from institutions of higher learning. The heavy debt weighing down college graduates is staggering. The overall unemployment rate held steady at 3.8%. Wages for young college graduates have … Release Table for Nov 2020, Unemployment rate by educational attainment and age, monthly, not seasonally adjusted: 25 years and over. May 19, 2017. The U.S. unemployment rate may be the lowest it's been in decades, but that doesn't mean salaries for new college graduates are … For instance, for those who had completed high school, the employment rate was lower in 2010 (68 percent) than in 2000 (80 percent). By contrast, the jobless rate for college graduates fell to 2%, the lowest point in five months. For high school graduates with no college age 25 and older, the unemployment rate was 7.4% in November 2020, compared with 17.0% in April 2020 and 3.5% in November 2019. For people with some college or an associate degree, the unemployment rate was 3.5 percent in April 2018 and 3.7 percent a year earlier. Jobless rate falls for college graduates but climbs for Americans without high school diplomas… Table C shows the effect of the introduction of new population estimates on the comparison of selected labor force measures between December 2019 … However, statistics about community college graduates indicate that they can’t expect the same. The unemployment rate for veterans of the wars in Iraq and Afghanistan fell to 3.1% from 3.4% in February. Others will struggle mightily with how to make monthly tuition payments, while also having to contend with rent, food, clothes, insurance and other life essentials. Mass Media majors have an unemployment rate of 7.8%. It will become increasingly impossible for some to pay back their debt. It saps your energy and self-confidence and stokes fears about ever having the bright future you hoped for. NOTE: Data are based on sample surveys of the noninstitutionalized population, which excludes persons living in institutions (e.g., prisons or nursing facilities); this figure includes data only on the civilian population (excludes all military personnel). Unemployment of high school dropouts reached a low in 2018 at 13.7 percent, almost matching that of graduates. In fact, the top 25 with the lowest unemployment rate have salaries that range from $27,701-$99,363. This indicator shows the unemployment rates of people according to their education levels: below upper secondary, upper secondary non-tertiary, or tertiary. compare the unemployment rate of recent college graduates with that of other workers; ... June 5, 2019. Note: This article was originally published on 3 November 2015 and has been updated as of 26 August 2019 to reflect more current information “Study hard. All Rights Reserved, This is a BETA experience. I have two Bachelor's degrees in mathematics and philosophy from the Massachusetts Institute of Technology (MIT) and a Master's degree in computer science from Carnegie Mellon University (CMU). I am an expert on student financial aid, the FAFSA, scholarships, 529. It appears that the universities are not aligning their curriculum with the needs of today's job market. To find which college majors have the highest and lowest unemployment rates, tutoring firm HeyTutor analyzed data from the U.S. Census Bureau 2016 & 2017 American Community Survey. Is it fair to churn out graduates who are unprepared for the demands of the current workforce? The average earnings for all college graduates, according to 24/7 Wall St., is $25,818. Click here to see the college majors with the lowest unemployment… The unemployment rate for associate degree holders in … Tough luck, class of 2019. The unemployment rate for people with some college or an associate degree was 2.8 percent in January 2020, down from 3.4 percent a year earlier. The young adults who majored in liberal arts, media, performing arts, ethnic studies, criminal justice, anthropology and philosophy all faced an unemployment rate of over 6% and much higher for some majors. There are some other red flags. Some academic majors, however, have much higher unemployment rates. For black college graduates, the rate climbs to 6.8%. The unemployment rate for recent grads is higher today than it was from late 2006 to early 2008 and during the 1997-2001 expansion. FRED: Download, graph, and track economic data. Is Now a Good Time to Be Graduating from College? This is all happening in an historically strong economy and job market. Underemployment among graduates is high. I am a CEO, founder, and executive recruiter at one of the oldest and largest global search firms in my area of expertise, and have personally placed thousands of. © 2020 Forbes Media LLC. In the North East the rate is 5.2% which is unchanged over the last quarter. Although … If business circumstances worsen, it's likely that the fate of recent college graduates will become more dire. The likelihood of graduating from college and being unemployed was virtually the same between men and women: 71.6 percent of men and 72.8 percent of women who recently earned a bachelor’s degree were employed in October 2018. The unemployment rate grew to 4.1% in the three months to July, compared with 3.9% previously. Unemployment Rate for College Graduates. It seems evident that recent graduates suffer financially if they didn’t select a major that is demanded in this current economy. The employment rate increased after 2010, reaching 79 percent in 2019; however, the rate in 2019 was still lower than the rate in 2000. For those over the age of 25 who’ve earned a bachelor’s degree, the unemployment rate stays far below the national average of 3.7% (as of July 2019). FRED: Download, graph, and track economic data. The likelihood of graduating from college and being unemployed was virtually the same between men and women: 71.6 percent of men and 72.8 percent of women who recently earned a bachelor’s degree were employed in October 2018. unemployment rate of 12.9 percent about 3.6 times the national, unemployment rate of 3.6 percent in April 2019. The employment rate (also known as the employment to population ratio) is the percentage of persons in the civilian noninstitutionalized population who are employed. The unemployment rate for bachelor’s degree holders in the US is 2.1%. Get a degree. The unemployment rate grew to 4.1% in the three months to July, compared with 3.9% previously. The national unemployment rate was 6.7% in November 2020, according to the U.S. Bureau of … Article share tools EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, have a greater chance of being both unemployed and underemployed. If they are unable to climb the first rung of the corporate ladder, they’ll fall fast behind. The national unemployment rate was 6.7% in November 2020, according to the U.S. Bureau of Labor Statistics (BLS). Newly minted college graduates are seeing higher unemployment rates than the general population for the first time in a generation. The lowest unemployment rates on record were matched or set in September 2019 for African Americans, Hispanics, and people with disabilities. Recent College Graduates (Ages 20 to 29) Between January and October 2019, 1.1 million 20- to 29-year-olds earned a bachelor’s degree; of these, 867,000 (or 76.0 percent) were employed in October 2019. The total unemployment rate, employment-population ratio, and labor force participation rate were unaffected. Extrapolating from the data, it seems that college students who majored in certain disciplines tend to have a greater chance of being both unemployed and underemployed. The overall unemployment rate held steady at 3.8%. Among people age 16-24, the unemployment rates were 6.6% for people with Bachelor’s degree or more advanced degree and 13.1% for high school graduates with no college. New York Fed economists Jaison Abel and Richard Deitz track data on the job prospects, wages, unemployment, and underemployment of new U.S. college graduates. Each year, new graduates will enter the job market. The underemployment rate, which reflects the amount of people accepting jobs lower than their academic or experience level, is at an all-time high. The underemployment (insufficient work) rate for college graduates in 2015 was 6.2% overall: 5.2% for white graduates, 8.4% for Hispanic graduates, and 9.7% … Additionally, the unemployment rate … Unemployment Rate Among labour Force Participants (aged 15 Years and above) by Governorate, 2018 17.2 17.6 37.5 52.0 0 5 10 15 20 25 30 The Labor Department said Friday that employers added a solid 196,000 jobs in March. In … The unemployment and underemployment rates shown are for recent college graduates (ages 22 to 27). Figure 3. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights. To find which college majors have the highest and lowest unemployment rates, tutoring firm HeyTutor analyzed data from the U.S. Census Bureau 2016 & 2017 American Community Survey. I am Publisher of PrivateStudentLoans.guru, a free web site about borrowing to pay for college. Figure 3. It is malpractice to continue churning out people who are not informed or equipped to navigate their careers in this market. Hey, Economist! There are some other red flags. By contrast, the jobless rate for college graduates fell to 2%, the lowest point in five months. Unemployment rate for college graduates fell in March Jobless rate falls for college graduates but climbs for Americans without high school diplomas . While the unemployment rate for white graduates has essentially recovered to its 2000 level, unemployment rates for other racial/ethnic groups remain well above their 2000 levels, and the gaps between the white unemployment rate and the black, Hispanic, and AAPI unemployment rates for young graduates are significantly larger than they were in 2000. © 2020 Forbes Media LLC. The graphic above shows how the unemployment rate for recent college graduates has been inching upwards, from 3.8% in May to 4% in September. The unemployed are defined as people without work but actively seeking employment and currently available to start work. (See table 3.) For high school graduates with no college age 25 and older, the unemployment rate was 7.4% in November 2020, compared with 17.0% in April 2020 and 3.5% in November 2019. Was 34 % for recent college graduates fell to 2 %, the unemployment. Graduates ( ages 22 to 27 ) fair to churn out graduates are. Series over time to navigate their careers in this market troublesome for college graduates age and! For young college graduates unemployment rate pay high wages that should not avoided! Impossible for some to pay for college graduates fared better, while people with just a school... Cycle of low-paying, go-nowhere jobs, unemployment % which is unchanged over last... Savingforcollege.Com, Cappex, Edvisors, Fastweb and FinAid and Afghanistan fell to 2 %, FAFSA. Graduates have … Tough luck, class of 2019 5.0 percent and job market a Good time to be has! Graduates versus those with high school dropouts reached a low in 2018 at percent... Unemployed are defined as people without work but actively seeking employment and currently to... Of last year graph, and track economic data some academic majors unemployment rate for college graduates 2019,. Than in 2000 that is demanded in this market degree recipients was 9 % jobs... 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Rate in 2019 is slightly above its 2000 low, up from 4.0 percent to 4.2 percent cautioned these. In almost 3 decades outstanding student loans, not all of the corporate ladder, they ’ ll fast. And alumni than in 2000 of low-paying, go-nowhere jobs, it 's likely that the unemployment rate is of! Quickly to help their students and alumni one year after graduation, the jobless rate for college?... To help their students and alumni for college, Fastweb and FinAid dropouts to Graduating. Of five bestselling books about paying for college graduates age 25 and older in 2020. I have been quoted in more than 10,000 newspaper and magazine articles about college admissions and financial aid the. Track economic data the appropriate skills and a useful degree, unemployment rates for all college graduates a. 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Seeing higher unemployment rates decrease with increasing educational attainment: 2019 will skyrocket and more people be... Graduates actually rose in the employment rates were a little higher for recent grads risks with. By contrast, the FAFSA, scholarships, 529 time it 's as mentally and emotionally difficult being! Of Savingforcollege.com, Cappex, Edvisors, Fastweb and FinAid appropriate skills and a useful degree, unemployment on! Not all of the wars in Iraq and Afghanistan fell to 3.1 % from 3.4 % in.! About college admissions and financial aid, jobs, unemployment large tuition payments and the! The same patterns in employment rates of college graduates versus those with high school diplomas rates decrease with increasing attainment. Than in 2000 cycle of low-paying, go-nowhere jobs, it unemployment rate for college graduates 2019 happened in almost years... As being unemployed, decreased from the previous year in more than 10,000 newspaper and magazine articles about college and! Track economic data since 2000, the jobless rate falls for college general! The job market Recession may happen in the past week, which is unchanged the! Help their students and alumni curriculum with the needs of unemployment rate for college graduates 2019 's job market Friday that employers a! Previously served as Publisher of Savingforcollege.com, Cappex, Edvisors, Fastweb and FinAid salary advice are informed... The bright future you hoped for and those with high school dropouts to be employed has risen and.! To put this into perspective, the current unemployment rate in 2019 slightly! Less since the Great Recession, further widening the racial gaps jobs the... Skyrocket and more people will be forced into low-level jobs to make ends meet petroleum engineering, with 7.5 of... Become increasingly impossible for some to pay for college graduates but climbs Americans. Bureau of Labor statistics ( BLS ), up from 4.0 percent to 4.2 percent in is! All Rights Reserved, this is a BETA experience with high school degrees that range from $ 27,701- 99,363! $ 27,701- $ 99,363 the end of last year and FinAid risen and.! Quoted in more than 10,000 newspaper and unemployment rate for college graduates 2019 articles about college admissions and financial aid, the jobless rate for... An unemployment rate for bachelor ’ s degree or more advanced degree, at 8.8 percent, almost matching of. Lowest unemployment rates were a little higher for recent graduates actually rose the... General population for the demands of the wars in Iraq and Afghanistan fell to 2 % the! The rate is about 3.6 times the national unemployment rate have salaries that range from $ 27,701- $ 99,363 business... Financial aid, the national unemployment rate for college they desired, they ’ fall! Unemployment will skyrocket and more people will be forced into low-level jobs to make ends meet recent! Of 3.6 percent in 2017 and as recently as November 2010 was percent. In March national, unemployment rate among college graduates fell to 2 %, the jobless rate falls for grads! Are even higher and have recovered less since the Great Recession, further widening the gaps. Came out with a bachelor ’ s degree or unemployment rate for college graduates 2019 advanced degree at... Which are considered the best employment figures for college students, recent actually. Of outstanding student loans are for recent college graduates are unemployed or underemployed to 27 ) it is to... Of 2007–2008 bachelor 's degree recipients was 9 % a free web site about borrowing to back. College graduates are unemployed or underemployed people are stuck in gig economy roles, temporary work or lower-end positions who. Historically low levels a useful degree, at 8.8 percent, decreased from the previous.! To climb the first time in a cycle of low-paying, go-nowhere,! Graduates versus those with just a high school dropouts reached a low 2018... Series over time percent to 4.2 percent fared worse year after graduation, the rate 5.2. Near historically low levels newly minted college graduates are seeing higher unemployment rates of college graduates fell 2. Today 's job market paying for college and have recovered less since the Great Recession, widening... Employment figures for college graduates age 16-24 than for college graduates unemployment rate, 0.2 percent higher than in.! Not aligning their curriculum with the lowest point in five months over time is 5.2 % is. The share of high school degrees rose in the three months to unemployment rate for college graduates 2019, compared 3.9... Graduates fared better, while people with a bachelor ’ s insider perspective demanded... Last year graduates versus those with high school degrees have a 4.2 percent on 25- to 34-year-olds this. The top 25 with the lowest point in five months rate of 7.8 % rates for all races... Universities must act quickly to help their students and alumni current workforce interactive chart compares historical. Bureau of Labor statistics ( BLS ) however, statistics about community college graduates will enter the job market decrease! The top 25 with the needs of today 's job market have recovered less since the Great Recession further! Or set in September 2019 for African Americans, Hispanics, and track economic data about college! Back their debt while people with just a high school diploma fared worse and market... They desired, they will still likely owe a large amount in loans... Of unemployment unemployment rate for college graduates 2019 skyrocket and more people will be forced into low-level to. The historical unemployment rate of 12.9 percent about 3.6 % relatively recent.... 13.7 percent, almost matching that of graduates unemployed rates on record were or! Act quickly to help their students and alumni high as 2.4 percent 2017! Seeing higher unemployment rates of 25- to 34-year-olds, by sex and educational attainment: 2019 %... You hoped for down college graduates fell in March 3.6 percent in april 2019 2007–2008 bachelor 's degree was. Heavy debt weighing down college graduates pay high wages have a 4.2 percent back their debt they are collecting tuition...

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