Young US College Graduates Face Tougher Job Market Than Average

Posted on AllSides August 1st, 2022
From The Left
Source: U.S. Census Bureau and U.S. Bureau of Labor Statistics, Current Population Survey (IPUMS)

Job openings are near record highs in the US and unemployment is close to a generational low. But one category faces a tougher labor market than average: Young college graduates.

Since the start of 2021, the unemployment rate for those age 22 to 27 with a bachelor’s degree or higher has surpassed the national average every single month, according to data released by the Federal Reserve Bank of New York on Friday. Last month, the gap stood at 0.6 percentage point.

The pandemic era exacerbated a trend that started in mid-2018, when...

Read full story
Some content from this outlet may be limited or behind a paywall.

Bloomberg

AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
108336/84989
See full bias rating for Bloomberg
Learn about media bias
https://www.bloomberg.com/news/articles/2022-07-30/young-us-college-graduates-face-tougher-job-market-than-average

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right