Unemployment Rate - College Graduates - Professional Degree, 20 to 24 years, Men
CGPD2024M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.40
Year-over-Year Change
-95.10%
Date Range
3/1/2001 - 1/1/2022
Summary
Tracks unemployment among young male professionals with advanced degrees. Provides critical insights into early-career labor market dynamics for highly educated men.
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 male college graduates with professional degrees aged 20-24. It reflects entry-level professional employment trends.
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 workforce alignment.
Key Facts
- Reflects early-career professional employment challenges
- Indicates workforce readiness of young professionals
- Critical economic mobility indicator
FAQs
Q: What does this unemployment rate measure?
A: Tracks joblessness for male college graduates with professional degrees aged 20-24. Provides insight into early-career employment challenges.
Q: Why is this unemployment rate important?
A: Indicates labor market conditions for highly educated young professionals. Helps understand workforce integration challenges.
Q: How often is this data updated?
A: Monthly data collection through the Current Population Survey by the Bureau of Labor Statistics.
Q: How does this compare to overall youth unemployment?
A: Typically lower than general youth unemployment due to advanced educational credentials.
Q: What factors influence this unemployment rate?
A: Economic conditions, industry demand, and specialized job market for professional degree holders.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Professional Degree, 20 to 24 years, Men (CGPD2024M), retrieved from FRED.