Recent graduates unemployment rate U.S. 2023 | Statista

In May 2023, about 4.2 percent of recent college graduates were unemployed in the United States. This was a significant decrease from September 2020, when the unemployment rate among recent college graduates was at nine percent.

Unemployment rate of recent graduates in the United States from January 2016 to February 2023

Characteristic	Unemployment rate
May '23	4.2%
Apr '23	4.1%
Mar '23	4.2%
Feb '23	4.1%
Jan '23	4%
Dec '22	4.1%
Nov '22	4.1%
Oct '22	3.9%
Sept '22	4.1%
Aug '22	4.3%
Jul '22	4.2%
Jun '22	4.1%
May '22	3.8%
Apr '22	4%
Mar '22	4%
Feb '22	4.2%
Jan '22	4.5%
Dec '21	4.7%
Nov '21	4.8%
Oct '21	5%
Sep '21	5.3%
Aug '21	5.7%
Jul '21	6%
Jun '21	6.1%
May '21	6.1%
Apr '21	6.3%
Mar '21	6.5%
Feb '21	6.6%
Jan '21	6.7%
Dec '20	6.7%
Nov '20	7%
Oct '20	7.5%
Sep '20	9%
Aug '20	10.7%
Jul '20	12.2%
Jun '20	13.3%
May '20	10.6%
Apr '20	7.5%
Mar '20	3.9%
Feb '20	3.8%
Jan '20	3.6%
Dec '19	3.6%
Nov '19	3.5%
Oct '19	3.8%
Sep '19	4.1%
Aug '19	4.2%
Jul '19	4.6%
Jun '19	4.2%
May '19	4.1%
Apr '19	3.5%
Mar '19	3.6%
Feb '19	3.8%
Jan '19	4%
Dec '18	4.1%
Nov '18	4%
Oct '18	3.8%
Sep '18	3.6%
Aug '18	3.5%
Jul '18	3.5%
Jun '18	3.6%
May '18	3.6%
Apr '18	3.7%
Mar '18	3.8%
Feb '18	3.5%
Jan '18	3.4%
Dec '17	3.5%
Nov '17	3.8%
Oct '17	3.8%
Sep '17	3.8%
Aug '17	3.7%
Jul '17	3.8%
Jun '17	4%
May '17	4.2%
Apr '17	4.3%
Mar '17	4.2%
Feb '17	4.1%
Jan '17	3.9%
Dec '16	3.8%
Nov '16	3.7%
Oct '16	4.1%
Sep '16	4.1%
Aug '16	4.4%
Jul '16	4%
Jun '16	4%
May '16	3.9%
Apr '16	3.8%
Mar '16	3.7%
Feb '16	3.7%
Jan '16	4%

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Release date

July 2023

More information

Region

United States

Survey time period

January 2016 to May 2023

Supplementary notes

Recent college graduates are defined as those aged 22 to 27 with a bachelor's degree or higher.

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