Unemployment Rate - College Graduates - Master's Degree, 20 to 24 years, Men
CGMD2024M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.60
Year-over-Year Change
405.26%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among young male college graduates with master's degrees. Provides critical insight into early-career labor market dynamics for highly educated professionals.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric measures joblessness for men aged 20-24 with master's degrees. It reflects educational attainment's impact on employment opportunities.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers and educators to assess higher education's labor market effectiveness.
Key Facts
- Reflects early-career employment challenges
- Indicates higher education labor market trends
- Valuable for workforce planning
FAQs
Q: What does this unemployment rate indicate?
A: Measures joblessness for young male master's degree holders. Reflects early-career employment challenges.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by BLS.
Q: Why is this unemployment rate important?
A: Provides insights into labor market conditions for highly educated young professionals.
Q: How does this compare to other education levels?
A: Generally shows lower unemployment rates compared to less educated groups.
Q: What factors influence this unemployment rate?
A: Economic conditions, industry demand, and specialized skill sets impact employment.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Master's Degree, 20 to 24 years, Men (CGMD2024M), retrieved from FRED.