In December 2023, about 4.8 percent of recent college graduates were unemployed in the United States. This was a significant decrease from September 2020, when the unemployment rate among recent college graduates was at nine percent.
Unemployment rate of recent graduates in the United States from December 2016 to December 2024
Characteristic
Unemployment rate
Dec '23
4.8%
Nov '23
5%
Oct '23
4.8%
Sep '23
4.5%
Aug '23
4.3%
Jul '23
4.2%
Jun '23
4.2%
May '23
4.2%
Apr '23
4.2%
Mar '23
4.1%
Feb '23
4%
Jan '23
4.1%
Dec '22
4.1%
Nov '22
4.1%
Oct '22
3.9%
Sept '22
4%
Aug '22
4.3%
Jul '22
4.2%
Jun '22
4.1%
May '22
3.9%
Apr '22
4%
Mar '22
4%
Feb '22
4.2%
Jan '22
4.5%
Dec '21
4.7%
Nov '21
4.8%
Oct '21
5%
Sep '21
5.2%
Aug '21
5.6%
Jul '21
6%
Jun '21
6.1%
May '21
6.2%
Apr '21
6.3%
Mar '21
6.6%
Feb '21
6.6%
Jan '21
6.7%
Dec '20
6.7%
Nov '20
6.9%
Oct '20
7.5%
Sep '20
9%
Aug '20
10.7%
Jul '20
12.2%
Jun '20
13.3%
May '20
10.6%
Apr '20
7.4%
Mar '20
3.9%
Feb '20
3.8%
Jan '20
3.6%
Dec '19
3.6%
Nov '19
3.5%
Oct '19
3.8%
Sep '19
4.1%
Aug '19
4.2%
Jul '19
4.6%
Jun '19
4.2%
May '19
4.1%
Apr '19
3.5%
Mar '19
3.6%
Feb '19
3.8%
Jan '19
4.1%
Dec '18
4.1%
Nov '18
4%
Oct '18
3.8%
Sep '18
3.6%
Aug '18
3.5%
Jul '18
3.5%
Jun '18
3.6%
May '18
3.6%
Apr '18
3.7%
Mar '18
3.8%
Feb '18
3.5%
Jan '18
3.4%
Dec '17
3.5%
Nov '17
3.8%
Oct '17
3.8%
Sep '17
3.8%
Aug '17
3.7%
Jul '17
3.8%
Jun '17
4%
May '17
4.2%
Apr '17
4.3%
Mar '17
4.2%
Feb '17
4.1%
Jan '17
3.9%
Dec '16
3.8%
Jul '16
4%
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New York Fed. (February 22, 2024). Unemployment rate of recent graduates in the United States from December 2016 to December 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/633660/unemployment-rate-of-recent-graduates-in-the-us/
New York Fed. "Unemployment rate of recent graduates in the United States from December 2016 to December 2024." Chart. February 22, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/633660/unemployment-rate-of-recent-graduates-in-the-us/
New York Fed. (2024). Unemployment rate of recent graduates in the United States from December 2016 to December 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/633660/unemployment-rate-of-recent-graduates-in-the-us/
New York Fed. "Unemployment Rate of Recent Graduates in The United States from December 2016 to December 2024." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/633660/unemployment-rate-of-recent-graduates-in-the-us/
New York Fed, Unemployment rate of recent graduates in the United States from December 2016 to December 2024 Statista, https://www.statista.com/statistics/633660/unemployment-rate-of-recent-graduates-in-the-us/ (last visited July 22, 2024)
Unemployment rate of recent graduates in the United States from December 2016 to December 2024 [Graph], New York Fed, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/633660/unemployment-rate-of-recent-graduates-in-the-us/