What is the unemployment rate of college graduates?

This was a large decrease from June 2020, when the unemployment rate among recent college graduates was at a high of 13.6 percent….Unemployment rate of recent graduates in the United States from January 2016 to June 2021.

Characteristic Unemployment rate
Jul ’20 12.6%
Jun ’20 13.6%

What is the unemployment percentage in USA?

All 50 states and the District had jobless rate decreases from a year earlier. The national unemployment rate, 5.4 percent, declined by 0.5 percentage point over the month and was 4.8 points lower than in July 2020. The economy added 943,000 jobs in July.

What is the unemployment rate in 2020?

In April 2020, the unemployment rate reached 14.8%—the highest rate observed since data collection began in 1948. In May 2021, unemployment remained higher (5.8%) than it had been in February 2020 (3.5%).

Is it possible to make 100k out of college?

One of the most common ways people started earning $100,000 or more after college was to start their own business. Being an entrepreneur is a big risk, but it has a high reward potential as well. After graduating from college, I started a web agency, and my income [in the first year after graduation] was $105,000.

What is the current unemployment rate in the US 2020?

8.1 percent
U.S. monthly unemployment rate However, it rose again to 8.1 percent in 2020. Additional statistics from the BLS paint an interesting picture of unemployment in the United States.

What is the unemployment rate in the US 2021?

5.2 percent
The unemployment rate declined by 0.2 percentage point to 5.2 percent in August 2021. The number of unemployed people edged down to 8.4 million, following a large decrease in July 2021. Both measures are down considerably from their highs at the end of the February-April 2020 recession.

Is 50k a good salary out of college?

While there are a few outliers, the general average salary for college graduates comes to about $50,000 according to a recent National Association of Colleges and Employers (NACE) salary survey.

What is the US unemployment rate 2021?

The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. In August 2021, the national unemployment rate was at 5.2 percent.

Which state has the highest unemployment pay?

Massachusetts
What state has the highest unemployment benefits? The state with the highest maximum payout for unemployment insurance is Massachusetts. The maximum weekly payout is $823. This is 88% higher than the national average in benefit payouts.

What’s the unemployment rate for recent college graduates?

Key College Graduates Unemployment Rate Facts and Statistics Approximately 63% of high school graduates enrolled in college last year. Around 53% of recent college graduates are unemployed or underemployed. The unemployment rate for those with a bachelor’s degree or higher is 4.8%.

What’s the unemployment rate in the United States in 2019?

In 2019, the employment rate was higher for those with higher levels of educational attainment. For example, the employment rate was highest for 25- to 34-year-olds with a bachelor’s or higher degree (87 percent).

What’s the percentage of college graduates in the US?

According to college graduates employment statistics, more than 35% of people aged 25 or older got a bachelor’s degree or higher. 2. 62.7% of high school graduates enrolled in college in 2020. In 2020, fewer high school graduates enrolled in college, as 66.2% enrolled the year before.

What’s the unemployment rate for an economics major?

The unemployment rate for economics majors is 4.2%. Economics used to be regarded as a field with a secure job line. However, the stats about the unemployment rate by college major indicate that this has changed dramatically since the 1990s. Nowadays, economics graduates face a difficult job search.