EPI's weekly illustration of education data trends — August 20, 2014
Four Years After Graduation (2012)
On August 18, The Swail Letter on Education published a piece about graduate employment rates. This EPIGraph provides a different view of these data from the National Center for Education Statistics (NCES) of the US Department of Education.
The data are based on students who graduated in 2008 and followed up in 2012, four years after they earned their bachelors degree. In the chart above, the blue bars represent the employment rate of graduates in 2012 and the green bars are students who are employed and still enrolled.
Thus, four years after graduating with a four-year degree, one out of five graduates are not working, and 31 percent are not considered "employed." Of this group, some people attend school part time and another proportion are still going to school full time, but 15 percent are unemployed or not in the work force.
SOURCE: Cataldi, E.F., Siegel, P., Shepherd, B., and Cooney, J. (2014). Baccalaureate and Beyond: A First Look at the Employment Experiences and Lives of College Graduates, 4 Years On (B&B:08/12) (NCES 2014-141). National Center for Education Statistics, Institute of Education Sciences, U.S. Department of Education. Washington, DC.