Unemployment Level - Some College, No Degree, 20 to 24 years
SCNDU2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
320.00
Year-over-Year Change
16.79%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among young adults with some college education but no completed degree. Provides critical insights into youth labor market dynamics and educational attainment challenges.
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 jobless individuals aged 20-24 with partial college experience. It reflects economic opportunities and barriers for emerging young professionals.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess workforce development and educational investment strategies.
Key Facts
- Reflects economic entry barriers for young adults
- Indicates skill gaps in labor market
- Helps track educational workforce transitions
FAQs
Q: Why is unemployment high for young adults with some college?
A: Skill mismatches and limited work experience contribute to higher unemployment rates for this demographic.
Q: How does this metric differ from total youth unemployment?
A: Specifically tracks those with partial college education, providing more nuanced labor market insights.
Q: What factors influence this unemployment level?
A: Economic conditions, industry demand, and educational program alignment impact employment opportunities.
Q: How can young adults improve their employment prospects?
A: Complete degrees, gain internships, and develop industry-specific skills to enhance job marketability.
Q: How often is this data updated?
A: Monthly updates provide current snapshot of youth labor market conditions.
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Citation
U.S. Federal Reserve, Unemployment Level - Some College, No Degree, 20 to 24 years (SCNDU2024), retrieved from FRED.