Unemployment Rate of Young College Grads

This post is part of  “the state of the young college grad” series that I’m doing. Today it’s time for unemployment.

In the 12 months ending September 2011, the unemployment rate of young college grads was 4.4%. That’s double what it was four years ago (2.2% in the 12 months ending September 2007).  (These figures include everyone aged 25-34 with a bachelor’s degree or more).

Still, young college grads are doing much better than their less-educated counterparts. Take a look at this chart:

 

While the unemployment rate for young college grads doubled, the unemployment rate for everyone else more than doubled. For example, the unemployment rate for young high school grads went from 6.1% to 13.4% over the same period.

Next I’m going to look at the employment patterns of young college grads.

Trackbacks

  1. […] Unemployment Rate of Young College Grads (innovationandgrowth.wordpress.com) […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Archives

%d bloggers like this: