Yahoo Finance: "The unemployment rate for recent college graduates is getting even worse"

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Yahoo Finance: "The unemployment rate for recent college graduates is getting even worse"

Excerpt from Yahoo Finance quoting DataTrek co-founder Jessica Rabe:

…. “While the unemployment rate for all college graduates aged up to 65 (blue line) is trending lower — currently near its lowest level of this current economic cycle — the market for recent college graduates (red) is bucking the overall trend.

With the backdrop of a robust U.S. labor market, this is “an important and worrisome trend to watch because it never dropped to prior cycle lows,” DataTrek’s Jessica Rabe wrote in a note. “Even though those who have graduated from college typically get hired before less educated workers”….

Read the full article here in Yahoo Finance!