Unemployment Rate - College Graduates - Professional Degree, 16 to 17 years
CGPD1617 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.90
Year-over-Year Change
-99.10%
Date Range
9/1/2007 - 1/1/2022
Summary
Measures unemployment rates for college graduates with professional degrees aged 16-17. Provides early insights into youth employment trends in specialized fields.
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 indicator tracks joblessness among very young professionals with advanced educational credentials. It reflects entry-level labor market conditions.
Methodology
Collected through comprehensive Bureau of Labor Statistics employment surveys.
Historical Context
Used to assess early career opportunities for highly educated young professionals.
Key Facts
- Tracks employment for very young professional degree holders
- Indicates early career market conditions
- Reflects educational investment outcomes
FAQs
Q: What does this unemployment rate represent?
A: Measures joblessness for 16-17 year old college graduates with professional degrees. Provides early career employment insights.
Q: Why track unemployment for such young professionals?
A: Helps understand early labor market entry and potential career trajectory for highly educated youth.
Q: How reliable is this data?
A: Based on comprehensive Bureau of Labor Statistics systematic employment tracking.
Q: What can employers learn from this?
A: Understand emerging talent pool and potential recruitment strategies for young professionals.
Q: How frequently is this data updated?
A: Typically refreshed monthly with the latest employment statistics.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Professional Degree (CGPD1617), retrieved from FRED.