Charted: the rising unemployment rate of college graduates

New graduate student holding resume application with pen coffee cup keyboard and notebook for applying for a job.

From Visual Capitalist: “While in late 2018 and in 2019 the new graduate unemployment rate overtook the overall U.S. unemployment rate a few times, it was the COVID-19 pandemic that solidified the full reversal. In June 2020, graduate unemployment peaked at 13.4% while the overall U.S. unemployment rate reached 12.8%. Since the unemployment rate has fallen back below 5% post-pandemic, new grads have continuously faced a higher unemployment rate than the overall U.S. unemployment rate.”

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