What was the unemployment rate for college graduates in 2015?
What was the unemployment rate for college graduates in 2015?
7.2%
The average unemployment rate for 2015 according to the US Bureau of Labor Statistics was 5.5%. According to the Economic Policy Institute there was a 7.2% unemployment rate for new college grads for 2015.
What is the employment rate after college?
The labor force participation rate for recent college graduates – or the share of people employed or actively looking for a job – also dropped from 86% to 79% during this one-year period. As has been widely documented, the broader labor market took a significant hit during the pandemic.
What does it mean class of 2024?
For clarity, “Class of 2024” refers to those who graduated high school in 2020; “Class of 2025” refers to those who will graduate high school in 2021.
How old would you be if you graduated in 2016?
If a person graduated from eighth grade (in a place that still actually has eighth grade graduation) he or she would likely be eighteen to nineteen years of age. If the person graduated from high school in 2016, he or she would most likely now be twenty-two to twenty-three years of age.
What does it mean by class of 2025?
What is the unemployment rate for college graduates in the US?
The unemployment rate for associate degree holders in the US is 7.1%. The unemployment rate for college graduates data offers some good news: young people shouldn’t question their decision to attend college, as those who only have a high school diploma have an even more challenging time finding work.
What was the unemployment rate for teenagers in 2015?
The unemployment rate for teenagers decreased over the year by 1.9 percentage points, to 15.8 percent in the fourth quarter of 2015. Unemployment rates continued to decline for most of the major race and ethnicity groups in 2015.
What percentage of college students are underemployed?
General education majors have an unemployment rate of just 1.7%. 43% of college graduates are underemployed in their first job. In total, 34% of college graduates are underemployed. 73.2% of criminal justice majors are underemployed.
What was the unemployment rate in Q4 2015?
National unemployment declined by 1.0 million during the year, to 7.9 million in the fourth quarter of 2015. The decrease was about half that experienced the previous year. The unemployment rate declined by 0.7 percentage point over the year, to 5.0 percent in the fourth quarter of 2015.