How many college grads are unemployed?

5. Roughly 53% of recent graduates are unemployed or underemployed. The average college graduate needs up to half a year to find their first employment.

What percentage of university graduates are unemployed?

The number of graduates in professional roles is 73.9%, and up to 87.7% of graduates get a job. Only 3% of graduates are unemployed, and around 15% are considered to be inactive, meaning neither employed nor unemployed.

Why some college graduates are unemployed?

“In fact, desperation drove about three-quarters of grads (73%) and 63% of non-college Gen Zers to take a job that didn’t fit their career goals,” according to Monster. One of the most common reasons recent graduates were taking jobs that were not in their desired fields was because they needed money, at 45%.

What percent of non college graduates are unemployed?

In 2020, around 7.5 percent of high school dropouts were unemployed, compared to 16.9 percent of graduates. See the United States unemployment rate and the monthly unemployment rate for further information.

What degrees have the highest employment rate?

Civil engineering majors have the highest early-career and mid-career wages on this list.

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Which degree has the highest employment rate?

Top 10 Most Employable Degrees

  • Subjects allied to medicine – 93%.
  • Architecture, building & planning – 92%.
  • Education – 90%.
  • Engineering & technology – 85%.
  • Computer Science – 80%.
  • Mathematical sciences – 79%.
  • Business studies – 75%.
  • Law – 74%.

Can’t get a job after college?

If you’re having a hard time getting a job after college with no experience, or even that first interview, it’s time to start taking a more active approach. To get a job after college your approach should go beyond passively submitting your resume and cover letter to job boards hoping to get a response.

What to do if you graduate without a job?

What to Do If You Can’t Get a Job

  1. Stay Positive. Don’t be upset or surprised if you don’t have a job by graduation day. …
  2. Reduce Your Cost of Living. …
  3. Spend Time Networking. …
  4. Consider Going Back to School. …
  5. Keep Yourself Busy. …
  6. Broaden Your Job Search. …
  7. Build Your Skills. …
  8. Volunteer or Work for Free.

Are college grads unemployed?

A recent Pew Research Center analysis of federal labor data also found that about 31% of 2020 graduates were unemployed last fall, well above the 22% for 2019 graduates. Recent college grads often have higher unemployment rates than more seasoned workers.

How many jobs do not require a college degree?

By educational attainment: 35 percent of the job openings will require at least a bachelor’s degree, 30 percent of the job openings will require some college or an associate’s degree and 36 percent of the job openings will not require education beyond high school.

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What percentage of college students get a job after they graduate?

There is a myth that if you have a college degree, you have a job. The fact is that approximately 53% of college graduates are unemployed or working in a job that doesn’t require a bachelor’s degree. It takes the average college graduate three to six months to secure employment after graduation.

What is the national unemployment rate 2020?

U.S. monthly unemployment rate

However, it rose again to 8.1 percent in 2020. Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In July 2021, the state with the highest (seasonally adjusted) unemployment rate was Nevada followed by New York and New Mexico.

What degree is least employable?

Those who study engineering and industrial management are among the least likely bachelor’s degree holders to be unemployed. Though there are nearly 44,000 people in the U.S. labor force with this degree, and fewer than 600 of them are out of work.