Figure H
Unemployment rate of young college graduates, by race and ethnicity, 1989–2013*
| White | Black | Hispanic | |
|---|---|---|---|
| 1989 | 4.7% | 6.0% | 12.8% |
| 1990 | 4.9% | 11.6% | 8.3% |
| 1991 | 6.7% | 12.3% | 9.8% |
| 1992 | 6.7% | 8.0% | 9.7% |
| 1993 | 6.1% | 13.3% | 6.3% |
| 1994 | 5.4% | 5.7% | 6.1% |
| 1995 | 5.7% | 8.0% | 9.4% |
| 1996 | 5.6% | 5.3% | 6.5% |
| 1997 | 3.5% | 6.6% | 5.1% |
| 1998 | 4.0% | 5.5% | 7.7% |
| 1999 | 4.9% | 6.8% | 4.5% |
| 2000 | 4.0% | 6.4% | 4.1% |
| 2001 | 5.6% | 7.8% | 6.9% |
| 2002 | 5.3% | 6.3% | 7.6% |
| 2003 | 6.0% | 8.3% | 11.8% |
| 2004 | 5.5% | 9.4% | 5.3% |
| 2005 | 5.2% | 8.1% | 3.8% |
| 2006 | 4.9% | 8.2% | 4.5% |
| 2007 | 5.3% | 8.5% | 7.0% |
| 2008 | 6.1% | 8.2% | 7.0% |
| 2009 | 8.2% | 17.1% | 14.8% |
| 2010 | 8.9% | 21.9% | 15.4% |
| 2011 | 9.4% | 11.4% | 14.0% |
| 2012 | 7.7% | 10.5% | 10.4% |
| 2013 | 8.0% | 11.9% | 9.1% |
* Latest 12-month average: March 2012–February 2013
Note: Data are for college graduates age 21–24 who do not have an advanced degree and are not enrolled in further schooling. Shaded areas denote recessions.
Source: Authors' analysis of basic monthly Current Population Survey microdata
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