Figure D

Unemployment and underemployment rates of young high school graduates, 1994–2013*

Underemployment Unemployment
1994 31.7% 16.5%
1995 30.6% 16.8%
1996 30.0% 17.1%
1997 27.5% 15.4%
1998 24.9% 13.9%
1999 23.5% 13.3%
2000 22.4% 13.1%
2001 25.9% 15.1%
2002 29.9% 18.1%
2003 33.1% 19.6%
2004 31.2% 17.8%
2005 29.9% 17.5%
2006 29.6% 17.4%
2007 29.4% 17.5%
2008 38.8% 22.5%
2009 53.8% 32.4%
2010 55.9% 32.7%
2011 55.5% 31.8%
2012 52.2% 30.6%
2013 51.5% 29.9%
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* Latest 12-month average: March 2012–February 2013
Note: Underemployment data are only available beginning in 1994. Data are for high school graduates age 17–20 who are not enrolled in further schooling. Shaded areas denote recessions.

Source: Authors' analysis of basic monthly Current Population Survey microdata

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