In June 2024, about 40.5 percent of recent college graduates were underemployed in the United States. This indicated no change from the previous month.
The Federal Reserve Bank of New York defines underemployment as "working in a job that typically does not require a bachelor’s degree". Recent college graduates are those aged 22 to 27 with a bachelor's degree or higher
Percentage of recent college graduates in the United States who are underemployed from June 2017 to June 2024
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Percentage of recent college graduates in the United States who are underemployed from June 2017 to June 2024
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Figures for all months are the rate as at the first day of that month.
The Federal Reserve Bank of New York defines underemployment as "working in a job that typically does not require a bachelor’s degree". Recent college graduates are those aged 22 to 27 with a bachelor's degree or higher
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Abigail Tierney
Research expert covering U.S. politics and economics
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New York Fed. (July 18, 2024). Percentage of recent college graduates in the United States who are underemployed from June 2017 to June 2024 [Graph]. In Statista. Retrieved April 26, 2025, from https://www.statista.com/statistics/642037/share-of-recent-us-college-graduates-underemployed/
New York Fed. "Percentage of recent college graduates in the United States who are underemployed from June 2017 to June 2024." Chart. July 18, 2024. Statista. Accessed April 26, 2025. https://www.statista.com/statistics/642037/share-of-recent-us-college-graduates-underemployed/
New York Fed. (2024). Percentage of recent college graduates in the United States who are underemployed from June 2017 to June 2024. Statista. Statista Inc.. Accessed: April 26, 2025. https://www.statista.com/statistics/642037/share-of-recent-us-college-graduates-underemployed/
New York Fed. "Percentage of Recent College Graduates in The United States Who Are Underemployed from June 2017 to June 2024." Statista, Statista Inc., 18 Jul 2024, https://www.statista.com/statistics/642037/share-of-recent-us-college-graduates-underemployed/
New York Fed, Percentage of recent college graduates in the United States who are underemployed from June 2017 to June 2024 Statista, https://www.statista.com/statistics/642037/share-of-recent-us-college-graduates-underemployed/ (last visited April 26, 2025)
Percentage of recent college graduates in the United States who are underemployed from June 2017 to June 2024 [Graph], New York Fed, July 18, 2024. [Online]. Available: https://www.statista.com/statistics/642037/share-of-recent-us-college-graduates-underemployed/
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