Unemployment Rate - College Graduates - Professional Degree, 16 years and over
CGPD16O • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.90
Year-over-Year Change
18.75%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among college graduates with professional degrees aged 16 and older. Provides critical insight into labor market conditions 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 specifically for individuals with advanced professional educational credentials. It reflects labor market dynamics for top-tier educated workers.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers and economists to assess high-skill labor market health and educational investment returns.
Key Facts
- Professional degree holders typically have lower unemployment rates
- Reflects economic demand for specialized skills
- Indicates workforce educational value
FAQs
Q: What is the unemployment rate for professionals with advanced degrees?
A: Rates fluctuate but typically remain lower than national average. Professional degree holders enjoy higher employment stability.
Q: How do professional degrees impact job market opportunities?
A: Advanced degrees often correlate with lower unemployment and higher earning potential across multiple industries.
Q: How is this unemployment rate calculated?
A: Measured through monthly surveys tracking employed and unemployed professional degree holders seeking work.
Q: Do economic downturns affect professional degree unemployment differently?
A: Professional degree holders tend to experience more resilient employment during economic challenges.
Q: How frequently is this data updated?
A: Monthly updates provide current snapshot of professional labor market conditions.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Professional Degree, 16 years and over (CGPD16O), retrieved from FRED.