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!