Pity the avocado-toast eating elite wannabes.
Not only is their unemployment rate up and rising, the premium paid for a bachelors degree over a high school degree is shrinking.
From the Federal Reserve Bank of New York, April 21:
2025:Q1 Quarterly Highlights
The labor market for recent college graduates deteriorated noticeably in the first quarter of 2025. The unemployment rate jumped to 5.8 percent—the highest reading since 2021—and the underemployment rate rose sharply to 41.2 percent.
This web feature tracks employment data for recent college graduates across the United States since 1990, allowing for a historical perspective on the experience of those moving into the labor market.
The interactive charts allow users to:
- compare the unemployment rate for recent college graduates with that of other groups
- monitor the underemployment rate of recent college graduates
- gauge the earnings of recent college graduates against workers holding only a high school diploma....
....MUCH MORE
Interactive charts including the very instructive:
Latest Release: February 20, 2025
Labor Market Outcomes of College Graduates by Major
So far in today's series:
