What is the unemployment rate of college graduates?

What is the unemployment rate of college graduates?

U.S. – unemployment rate of recent graduates 2016-2021 In September 2021, about 5.4 percent of recent college graduates were unemployed in the United States. This was a large decrease from September 2020, when the unemployment rate among recent college graduates was at a high of 9.3 percent.

What is the unemployment rate for people who only have a high school diploma?

Unemployment of high school dropouts reached a low in 2018 at 13.7 percent, almost matching that of graduates.

What US state has the highest unemployment rate?

Nevada and California had the highest unemployment rate in October at 7.3% each, followed by New Jersey at 7%. Nebraska and Utah had the lowest rates, at 1.9% and 2.2%, respectively. The map below shows the most recent unemployment rate for every state, according to BLS data.

Are college students included in the unemployment rate?

Should everyone without a job be counted as unemployed? Of course not. Children, for example, should not be counted as unemployed. Many full-time college students have only a part-time job, or no job at all, but it seems inappropriate to count them as suffering the pains of unemployment.

How much money on average can a college graduate expect to make per year?

About 17% of students expect to earn more than $85,000 per year from their first job after graduation, according to a recent survey by AIG Retirement Services and EVERFI of over 20,000 college students nationwide. The $85,000 starting salary was the most common response from students.

What was the US unemployment rate last month March 2021?

In March 2021, a total of 245 metropolitan areas had unemployment rates below the U.S. rate of 6.2 percent, 138 areas had rates above it, and 6 areas had rates equal to that of the nation. A total of 16 metro areas had jobless rates of at least 10.0 percent. Unemployment rates were lower than 3.0 percent in 10 areas.

How are unemployment rates in the United States related to education?

Generally, the unemployment rate in March 2020 was lower for 25- to 34-year-olds with higher levels of educational attainment. For example, the unemployment rate was lowest for those with a bachelor’s or higher degree (3 percent) compared with all other levels of educational attainment.

What the US college graduate unemployment rates are for the years 2017 through 2021?

Unemployment rate 3.7 percent for college grads, 6.7 percent for high school grads in March 2021. The unemployment rate edged down to 6.0 percent in March 2021.

What percent of college students get jobs after graduation?

And great news: many students are reaping the benefits of their academic success to find their way into their first jobs! College graduates ages 25 to 34 boast an employment rate of 86%, based on a 2017 study by the National Center for Education Statistics.


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