What percent of college students are unemployed?

5. Roughly 53% of recent graduates are unemployed or underemployed. The average college graduate needs up to half a year to find their first employment.

Are college grads unemployed?

A recent Pew Research Center analysis of federal labor data also found that about 31% of 2020 graduates were unemployed last fall, well above the 22% for 2019 graduates. Recent college grads often have higher unemployment rates than more seasoned workers.

What degree has the highest unemployment rate?

Physical sciences is a broad major that typically includes courses in biology, chemistry, mathematics, and physics. Of the nearly 11,000 labor force participants who majored in physical sciences, 5.8% are unemployed, a far higher than average jobless rate for college graduates.

What degree has the highest unemployment?

Of all college majors with available employment data, the geological and geophysical engineering major has the highest unemployment rate. About 8,300 members of the labor force majored in the subject, and 8.1% of them are unemployed, more than triple the 2.6% unemployment rate among all college graduates.

What is the unemployment rate for college graduates?

However, statistics about community college graduates indicate that people with less education can’t expect the same. The highest unemployment rate is for people with less than a high school diploma (11.7%). 7. The unemployment rate for associate degree holders in the US is 7.1%.

How many people graduated from college last year?

During the most recent year for which complete data is available, nearly two million Americans graduated with a bachelor’s degree and entered the labor force. According to college graduates employment statistics, more than 35% of people aged 25 or older got a bachelor’s degree or higher.

What’s the average income of a college graduate?

College graduate employment rate data implies that today, the median yearly income for those aged 22 to 27 and who have a bachelor’s degree is $44,000. 9. Recent college graduates are 5.7 times more likely than workers overall to be advertising and promotion managers.

What was the unemployment rate in December 2019?

The December 2019 unemployment rate for individuals aged 22 to 27 with a bachelor’s degree or higher was, at 3.9 percent, slightly higher than the 3.6 percent unemployment rate for all workers between the ages of 16 and 65. However, it was lower than the 6.5 percent unemployment rate for 22- to 27-year-olds without a four-year degree.