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Are Young College Graduates Losing Their Edge in the Job Market?

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Abstract

High school graduates in their twenties have consistently experienced a higher unemployment rate than college graduates in the same age range. However, the unemployment gap between the two education groups has recently narrowed, reaching its lowest level since the late 1970s. This Economic Commentary shows that this narrowing coincides with a decades-long decline, one that began around 2000, in the job-finding rate among young college graduates.

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  • Alexander Cline & Barış Kaymak, 2025. "Are Young College Graduates Losing Their Edge in the Job Market?," Economic Commentary, Federal Reserve Bank of Cleveland, vol. 2025(14), pages 1-10, November.
  • Handle: RePEc:fip:fedcec:102169
    DOI: 10.26509/frbc-ec-202514
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