Unemployment Rate - Some College, No Degree, 20 to 24 years
SCND2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.50
Year-over-Year Change
19.05%
Date Range
1/1/2000 - 7/1/2025
Summary
Measures unemployment for young adults with some college education but no completed degree. Highlights educational and employment challenges for this demographic.
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
Tracks jobless rates for 20-24 year olds with partial college education. Provides insights into youth employment trends.
Methodology
Calculated through monthly Current Population Survey by Bureau of Labor Statistics.
Historical Context
Critical for understanding youth workforce development and educational policy impacts.
Key Facts
- Represents emerging workforce demographic
- Indicates educational and employment challenges
- Reflects economic opportunities for young adults
FAQs
Q: What age group does this unemployment rate cover?
A: Focuses on 20-24 year olds with some college education but no completed degree.
Q: Why track this specific demographic?
A: Provides insights into educational transitions and early career employment challenges.
Q: How frequently is the data updated?
A: Monthly updates through the Current Population Survey.
Q: What does 'some college' mean?
A: Individuals with college credits but no completed associate or bachelor's degree.
Q: How can this data inform policy?
A: Helps design targeted workforce development and educational support programs.
Related Trends
Unemployment Rate - 60-61 Yrs., Women
LNU04000351
Unemployment Rate - College Graduates - Master's Degree, 25 to 34 years
CGMD2534
Unemployment Rate - Less than 1 year of High School, 20 to 24 years, Men
L1HS2024M
Unemployment Rate - Some College or Associate Degree, 16 to 19 years
SCAD1619
Unemployment Rate - High School Graduates, No College, 25 Yrs. & over, Men
LNU04027676
Unemployment Rate - Less than 1 year of High School, 20 to 24 years, Women
L1HS2024W
Citation
U.S. Federal Reserve, Unemployment Rate - Some College, No Degree, 20 to 24 years (SCND2024), retrieved from FRED.