Figure B
Young college and noncollege employment rates reflect overall losses: Percentage point change in the employment-to-population ratio 2019-present, by demographic groups
| Young college (22-27) | Young noncollege (22-27) | Overall | Prime Age (25-54) | |
|---|---|---|---|---|
| Jan-2019 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Feb-2019 | -0.0162 | -0.0382 | 0.0287 | 0.0509 |
| Mar-2019 | 0.0163 | -0.0872 | 0.0511 | 0.1004 |
| Apr-2019 | 0.0188 | -0.0261 | 0.0673 | 0.1478 |
| May-2019 | -0.1255 | 0.1052 | 0.0767 | 0.1814 |
| Jun-2019 | -0.2712 | 0.1994 | 0.0933 | 0.2136 |
| Jul-2019 | -0.3654 | 0.2137 | 0.1106 | 0.2119 |
| Aug-2019 | -0.4134 | 0.4616 | 0.1573 | 0.2662 |
| Sep-2019 | -0.3048 | 0.6948 | 0.2046 | 0.3345 |
| Oct-2019 | -0.2713 | 0.8880 | 0.2465 | 0.3883 |
| Nov-2019 | -0.0841 | 1.0070 | 0.2828 | 0.4491 |
| Dec-2019 | 0.0723 | 1.1236 | 0.3225 | 0.5188 |
| Jan-2020 | 0.1018 | 1.2773 | 0.3634 | 0.5809 |
| Feb-2020 | 0.1690 | 1.4236 | 0.3988 | 0.6314 |
| Mar-2020 | 0.0661 | 1.3997 | 0.3342 | 0.6048 |
| Apr-2020 | -0.9591 | -0.0749 | -0.4389 | -0.2403 |
| May-2020 | -1.5575 | -1.4752 | -1.0930 | -0.9418 |
| Jun-2020 | -2.3261 | -2.4850 | -1.5967 | -1.4615 |
| Jul-2020 | -3.3467 | -3.3524 | -2.0638 | -1.9412 |
| Aug-2020 | -4.0278 | -4.1484 | -2.4245 | -2.3392 |
| Sep-2020 | -4.5758 | -4.8807 | -2.7874 | -2.7646 |
| Oct-2020 | -4.8094 | -5.3636 | -3.0843 | -3.1200 |
| Nov-2020 | -5.1870 | -5.8542 | -3.3841 | -3.4791 |
| Dec-2020 | -5.5107 | -6.2970 | -3.6881 | -3.8218 |
| Jan-2021 | -5.6708 | -6.8930 | -3.9892 | -4.1677 |
| Feb-2021 | -5.9673 | -7.3876 | -4.2856 | -4.4890 |
| Mar-2021 | -6.0985 | -7.6766 | -4.4586 | -4.7072 |
| Apr-2021 | -5.2670 | -6.4320 | -3.9092 | -4.0948 |
| May-2021 | -4.6420 | -5.4697 | -3.4720 | -3.6162 |
| Jun-2021 | -4.0934 | -4.8429 | -3.1898 | -3.3153 |
| Jul-2021 | -3.3180 | -4.2551 | -2.9191 | -2.9801 |
| Aug-2021 | -2.8433 | -3.8711 | -2.7467 | -2.7535 |
| Sep-2021 | -2.5691 | -3.4822 | -2.5668 | -2.5119 |
| Oct-2021 | -2.5216 | -3.2237 | -2.4406 | -2.3173 |
| Nov-2021 | -2.2945 | -2.9335 | -2.2800 | -2.0787 |
| Dec-2021 | -2.1192 | -2.5896 | -2.1020 | -1.8430 |
| Jan-2022 | -2.0847 | -2.2180 | -1.9152 | -1.6148 |
| Feb-2022 | -1.8475 | -1.9349 | -1.7240 | -1.3747 |
| Mar-2022 | -1.7270 | -1.6416 | -1.5277 | -1.1096 |
| Apr-2022 | -1.5749 | -1.3960 | -1.3567 | -0.8629 |
| May-2022 | -1.4542 | -1.0627 | -1.1862 | -0.6165 |
| Jun-2022 | -1.3112 | -0.7432 | -1.0301 | -0.3922 |
| Jul-2022 | -1.2167 | -0.5083 | -0.9046 | -0.2173 |
| Aug-2022 | -1.0156 | -0.3344 | -0.7792 | -0.0239 |
| Sep-2022 | -0.8541 | -0.2910 | -0.6703 | 0.1551 |
| Oct-2022 | -0.7178 | -0.3570 | -0.5877 | 0.2750 |
| Nov-2022 | -0.6789 | -0.3944 | -0.5449 | 0.3445 |
| Dec-2022 | -0.4801 | -0.4287 | -0.4967 | 0.4250 |
| Jan-2023 | -0.3723 | -0.4493 | -0.4516 | 0.5162 |
| Feb-2023 | -0.2417 | -0.3060 | -0.4168 | 0.6052 |
| Mar-2023 | -0.0212 | -0.2380 | -0.3875 | 0.6659 |
| Apr-2023 | 0.0313 | -0.2054 | -0.3451 | 0.7391 |
| May-2023 | 0.0511 | -0.1622 | -0.3256 | 0.7977 |
| Jun-2023 | 0.1223 | -0.1975 | -0.2913 | 0.8831 |
| Jul-2023 | 0.2623 | -0.2881 | -0.2566 | 0.9651 |
| Aug-2023 | 0.1025 | -0.1977 | -0.2287 | 1.0157 |
| Sep-2023 | -0.0510 | -0.0968 | -0.2032 | 1.0697 |
| Oct-2023 | -0.1777 | -0.0424 | -0.1826 | 1.1337 |
| Nov-2023 | -0.3502 | 0.1400 | -0.1349 | 1.2123 |
| Dec-2023 | -0.4697 | 0.2135 | -0.1351 | 1.2383 |
| Jan-2024 | -0.4250 | 0.3586 | -0.1346 | 1.2625 |
| Feb-2024 | -0.5698 | 0.3484 | -0.1457 | 1.2796 |
| Mar-2024 | -0.9369 | 0.3904 | -0.1568 | 1.2790 |
| Apr-2024 | -1.0154 | 0.3646 | -0.1713 | 1.2842 |
| May-2024 | -1.2074 | 0.2414 | -0.1913 | 1.2925 |
| Jun-2024 | -1.2564 | 0.1270 | -0.2155 | 1.2842 |
| Jul-2024 | -1.4528 | 0.0149 | -0.2446 | 1.2859 |
| Aug-2024 | -1.4356 | -0.0981 | -0.2778 | 1.2914 |
| Sep-2024 | -1.2688 | -0.1956 | -0.2971 | 1.2980 |
| Oct-2024 | -1.1679 | -0.2429 | -0.3197 | 1.2901 |
| Nov-2024 | -1.0262 | -0.4243 | -0.3719 | 1.2636 |
| Dec-2024 | -0.9460 | -0.4751 | -0.3857 | 1.2666 |
| Jan-2025 | -0.9016 | -0.5767 | -0.3971 | 1.2765 |
| Feb-2025 | -1.0068 | -0.7614 | -0.4230 | 1.2617 |
| Mar-2025 | -0.8811 | -0.8227 | -0.4547 | 1.2421 |
| Apr-2025 | -0.8031 | -0.9828 | -0.4735 | 1.2326 |
| May-2025 | -0.7399 | -0.9927 | -0.5049 | 1.2017 |
| Jun-2025 | -0.8093 | -0.9743 | -0.5351 | 1.2027 |
| Jul-2025 | -0.8772 | -0.8766 | -0.5759 | 1.1616 |
| Aug-2025 | -0.9945 | -0.8851 | -0.6108 | 1.1478 |
| Sep-2025 | -1.1565 | -0.8620 | -0.6488 | 1.1289 |
| Oct-2025 | ||||
| Nov-2025 | -1.1529 | -1.0169 | -0.6943 | 1.1107 |
| Dec-2025 | -1.0829 | -1.1796 | -0.7165 | 1.1257 |
| Jan-2026 | -1.0852 | -1.3392 | -0.7782 | 1.1423 |
| Feb-2026 | -0.9244 | -1.3793 | -0.8289 | 1.1521 |
| Mar-2026 | -0.9503 | -1.3933 | -0.8867 | 1.1769 |
Notes: This series is based on 12-month moving averages, Shaded areas indicated recessions.
Source: EPI analysis of the Current Population Survey basic monthly microdata, EPI Current Population Survey Extracts, Version 2026.4.13, https://microdata.epi.org.
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