In May 2024, about 4.5 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 May 2016 to May 2024
Characteristic
Unemployment rate
Jun '24
4.5%
May '24
4.7%
Apr '24
4.7%
Mar '24
4.6%
Feb '24
4.3%
Jan '24
4.3%
Dec '23
4.9%
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%
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New York Fed. (July 18, 2024). Unemployment rate of recent graduates in the United States from May 2016 to May 2024 [Graph]. In Statista. Retrieved December 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 May 2016 to May 2024." Chart. July 18, 2024. Statista. Accessed December 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 May 2016 to May 2024. Statista. Statista Inc.. Accessed: December 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 May 2016 to May 2024." Statista, Statista Inc., 18 Jul 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 May 2016 to May 2024 Statista, https://www.statista.com/statistics/633660/unemployment-rate-of-recent-graduates-in-the-us/ (last visited December 22, 2024)
Unemployment rate of recent graduates in the United States from May 2016 to May 2024 [Graph], New York Fed, July 18, 2024. [Online]. Available: https://www.statista.com/statistics/633660/unemployment-rate-of-recent-graduates-in-the-us/
