What percent of college graduates are unemployed?

U.S. unemployment rate of recent graduates 2016-2023 In December 2023, about 4.8 percent of recent college graduates were unemployed in the United States. This was a significant decrease from September 2020, when the unemployment rate among recent college graduates was at nine percent.

What percent of college graduates get a job with their degree?

If you're nearing graduation and wondering, “What percentage of college students get a job after they graduate?” then the good news is that 72.3% of all college graduates in the U.S. are employed. Having a degree is a distinguishing factor when applying for a job.

What is the unemployment rate amongst people who have a college degree?

The average unemployment rate was lower in 2018 than in 2010 for 25- to 29-year-old bachelor's degree holders overall (2.9 vs. 5.6 percent) and for those in most fields of study.

Why is it so hard for college graduates to find a job?

The job market is extremely competitive, as more and more Americans attain college degrees. Furthermore, employers are requiring unrealistic professional experience for entry-level positions, making it difficult for recent graduates to compete in the job market.

Are college graduates more likely to be employed?

By nearly any measure, college graduates outperform their peers who have only completed their high school degree. For example, the average graduate is 24 percent more likely to be employed and average earnings among graduates are $32,000 higher annually and $1.2 million higher over a lifetime.

Recent college grads are 'emotionally' unprepared for 9 to 5 jobs, study shows

Are college graduates less likely to be unemployed?

Bachelor's degree holders are half as likely to be unemployed as their peers who only have a high school degree and they make $1.2 million in additional earnings on average over their lifetime.

What percentage of college students are employed?

Why it matters. Working while in college is very common, especially with the rising price of college tuition and the burden of student loan debt. Recent estimates show that 43% of full-time students and 81% of part-time students work while enrolled in college.

Is it normal to not find a job after college?

It's common to have difficulty finding a job in your field (or sometimes any job) after graduating. So if you have no job after college, whether you just graduated or have been searching for 1-2 years, don't feel bad. You're NOT alone.

Is it normal to not find a job after graduation?

You're not the only one having a tough time

The job search can be a slog. It's hard, but it's normal. Don't fall into the trap of thinking you're the only one without a job. And don't scroll LinkedIn: remember, none of your classmates will post, “I'm still looking for a job, but I'm anxious and burnt out.”

How long does it take the average college grad to find a job?

It takes about three to six months for the average college graduate to find a job after college. As of September 2023, the unemployment rate for bachelor's degree holders was 2.2% compared to 4% for those only holding a high school diploma.

What is the most employable degree?

What degree is the most unemployed?

What degree has the most job opportunities?

Fields like Computer Science, Healthcare, Engineering, and Business Management often top the list due to their high demand in the job market, strong salary potential, and broad applicability across industries.

Are roughly 53% of recent graduates unemployed or underemployed?

The fact is that approximately 53% of college graduates are unemployed or working in a job that doesn't require a bachelor's degree. It takes the average college graduate three to six months to secure employment after graduation. A student benefits from having a career-seeking strategy and previous work experiences.

What percent of Americans have a college degree?

In the Census Bureau's most recent 2022 findings, the percentage of people with a bachelor's degree or higher remained stable from the previous year at around 37.7%. Americans are still prioritizing college and doing so in record numbers.

What is the average age people finish college?

The average age of people to do college graduate is from 22 to 24 for a bachelor's degree. There is no particular limit to going to college and obtaining a degree, and the numbers vary depending on the duration of your course and your field of study.

How long is it OK to be unemployed after college?

As a rule of thumb, a graduate should secure work within 6 months of graduation. Unfortunately, in today's job market, it is not uncommon to wait 12-18 months or even longer. It is important to note that the duration of unemployment after graduation can have an impact on one's career prospects.

What is the easiest job to get after graduation?

How many people are unemployed after graduation?

In December 2023, about 4.8 percent of recent college graduates were unemployed in the United States. This was a significant decrease from September 2020, when the unemployment rate among recent college graduates was at nine percent.

How hard is it to find a job after college with no experience?

On average it takes three to six months for new graduates to find their first jobs.

Does being a student count as unemployed?

To be considered unemployed a person has to be out of work and currently looking for employment. So a full time college student is not counted as unemployed until they begin to seek employment.

Is 20 hours a week a lot for a student?

It can hurt academic achievement. While the correlation between working and grades is not easy to measure, researchers have learned that students who work upward of 20 hours a week suffer from reduced academic performance. It often fails to teach valuable skills.

Why is no one hiring college students?

One of the reasons employers overlook college graduates is a lack of leadership experience. Many of the college graduates who can't find a job, are the students who did not develop any leadership experience during college.

What degree has the highest ROI?