Figure
The underemployment rate for young college grads is still significantly higher than it was before the recession: Unemployment and underemployment for young college graduates (ages 21–24) not enrolled in further schooling, 2007–2018
| Unemployment rate | Underemployment rate | |
|---|---|---|
| Jan-2007 | 4.9% | 8.9% |
| Feb-2007 | 4.8% | 8.7% |
| Mar-2007 | 4.8% | 8.6% |
| Apr-2007 | 5.0% | 8.7% |
| May-2007 | 5.1% | 8.8% |
| Jun-2007 | 5.1% | 8.9% |
| Jul-2007 | 5.1% | 8.9% |
| Aug-2007 | 5.1% | 9.0% |
| Sep-2007 | 5.3% | 9.3% |
| Oct-2007 | 5.3% | 9.3% |
| Nov-2007 | 5.5% | 9.4% |
| Dec-2007 | 5.4% | 9.4% |
| Jan-2008 | 5.4% | 9.1% |
| Feb-2008 | 5.4% | 9.3% |
| Mar-2008 | 5.5% | 9.2% |
| Apr-2008 | 5.4% | 9.3% |
| May-2008 | 5.5% | 9.5% |
| Jun-2008 | 5.5% | 9.7% |
| Jul-2008 | 5.6% | 9.8% |
| Aug-2008 | 5.7% | 10.0% |
| Sep-2008 | 5.6% | 9.9% |
| Oct-2008 | 5.7% | 10.0% |
| Nov-2008 | 5.6% | 10.2% |
| Dec-2008 | 5.8% | 10.6% |
| Jan-2009 | 6.1% | 11.2% |
| Feb-2009 | 6.4% | 11.7% |
| Mar-2009 | 6.8% | 12.5% |
| Apr-2009 | 7.1% | 13.0% |
| May-2009 | 7.4% | 13.5% |
| Jun-2009 | 7.8% | 13.9% |
| Jul-2009 | 7.9% | 14.3% |
| Aug-2009 | 8.2% | 15.0% |
| Sep-2009 | 8.4% | 15.6% |
| Oct-2009 | 8.6% | 16.2% |
| Nov-2009 | 8.8% | 16.7% |
| Dec-2009 | 9.0% | 17.2% |
| Jan-2010 | 9.1% | 17.5% |
| Feb-2010 | 9.1% | 17.7% |
| Mar-2010 | 9.1% | 17.6% |
| Apr-2010 | 9.2% | 17.8% |
| May-2010 | 9.2% | 18.0% |
| Jun-2010 | 9.2% | 18.0% |
| Jul-2010 | 9.4% | 18.2% |
| Aug-2010 | 9.3% | 17.8% |
| Sep-2010 | 9.3% | 18.0% |
| Oct-2010 | 9.3% | 18.0% |
| Nov-2010 | 9.4% | 18.1% |
| Dec-2010 | 9.5% | 18.2% |
| Jan-2011 | 9.6% | 18.3% |
| Feb-2011 | 9.7% | 18.4% |
| Mar-2011 | 9.8% | 18.6% |
| Apr-2011 | 9.7% | 18.3% |
| May-2011 | 9.6% | 18.1% |
| Jun-2011 | 9.6% | 18.2% |
| Jul-2011 | 9.8% | 18.4% |
| Aug-2011 | 9.8% | 18.8% |
| Sep-2011 | 9.8% | 18.6% |
| Oct-2011 | 9.7% | 18.4% |
| Nov-2011 | 9.4% | 18.3% |
| Dec-2011 | 9.2% | 17.9% |
| Jan-2012 | 9.1% | 17.7% |
| Feb-2012 | 8.9% | 17.6% |
| Mar-2012 | 8.6% | 17.4% |
| Apr-2012 | 8.6% | 17.4% |
| May-2012 | 8.7% | 17.3% |
| Jun-2012 | 8.4% | 17.1% |
| Jul-2012 | 8.2% | 17.1% |
| Aug-2012 | 8.1% | 16.9% |
| Sep-2012 | 7.9% | 16.8% |
| Oct-2012 | 7.8% | 16.6% |
| Nov-2012 | 7.8% | 16.4% |
| Dec-2012 | 7.9% | 16.7% |
| Jan-2013 | 8.0% | 16.7% |
| Feb-2013 | 8.0% | 16.7% |
| Mar-2013 | 8.2% | 16.7% |
| Apr-2013 | 8.2% | 16.8% |
| May-2013 | 8.2% | 17.1% |
| Jun-2013 | 8.3% | 17.0% |
| Jul-2013 | 8.2% | 16.9% |
| Aug-2013 | 8.4% | 16.8% |
| Sep-2013 | 8.5% | 16.9% |
| Oct-2013 | 8.6% | 17.0% |
| Nov-2013 | 8.5% | 17.1% |
| Dec-2013 | 8.5% | 16.8% |
| Jan-2014 | 8.5% | 16.9% |
| Feb-2014 | 8.5% | 16.8% |
| Mar-2014 | 8.4% | 16.7% |
| Apr-2014 | 8.2% | 16.3% |
| May-2014 | 8.0% | 15.9% |
| Jun-2014 | 7.8% | 15.9% |
| Jul-2014 | 7.8% | 15.7% |
| Aug-2014 | 7.6% | 15.4% |
| Sep-2014 | 7.6% | 15.1% |
| Oct-2014 | 7.7% | 15.1% |
| Nov-2014 | 7.6% | 15.0% |
| Dec-2014 | 7.5% | 15.1% |
| Jan-2015 | 7.3% | 15.0% |
| Feb-2015 | 7.3% | 15.0% |
| Mar-2015 | 7.2% | 14.9% |
| Apr-2015 | 7.2% | 14.8% |
| May-2015 | 7.2% | 14.8% |
| Jun-2015 | 6.9% | 14.5% |
| Jul-2015 | 6.7% | 14.2% |
| Aug-2015 | 6.6% | 14.1% |
| Sep-2015 | 6.5% | 14.1% |
| Oct-2015 | 6.3% | 13.8% |
| Nov-2015 | 6.2% | 13.5% |
| Dec-2015 | 6.0% | 13.2% |
| Jan-2016 | 5.8% | 12.9% |
| Feb-2016 | 5.6% | 12.4% |
| Mar-2016 | 5.5% | 12.2% |
| Apr-2016 | 5.5% | 12.2% |
| May-2016 | 5.4% | 12.2% |
| Jun-2016 | 5.6% | 12.4% |
| Jul-2016 | 5.5% | 12.3% |
| Aug-2016 | 5.5% | 12.2% |
| Sep-2016 | 5.3% | 12.1% |
| Oct-2016 | 5.4% | 12.1% |
| Nov-2016 | 5.4% | 11.9% |
| Dec-2016 | 5.4% | 11.9% |
| Jan-2017 | 5.5% | 11.8% |
| Feb-2017 | 5.5% | 11.8% |
| Mar-2017 | 5.6% | 11.7% |
| Apr-2017 | 5.6% | 11.6% |
| May-2017 | 5.6% | 11.4% |
| Jun-2017 | 5.5% | 11.1% |
| Jul-2017 | 5.6% | 11.2% |
| Aug-2017 | 5.5% | 11.3% |
| Sep-2017 | 5.6% | 11.3% |
| Oct-2017 | 5.6% | 11.3% |
| Nov-2017 | 5.5% | 11.3% |
| Dec-2017 | 5.4% | 11.2% |
| Jan-2018 | 5.4% | 11.2% |
| Feb-2018 | 5.3% | 11.1% |
Note: This series is based on a 12-month moving average. The most recent data point is the average of March 2017 through February 2018.
Source: EPI analysis of Current Population Survey basic monthly data from the U.S. Census Bureau
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