Jan 17, 2022
Question of the Day

Question of the Day: How high did the unemployment rate spike for recent college graduates during the Covid-19 pandemic?

Answer: 13.3% in June 2020

Unemployment rate of recent college graduates in the United States from January 2016 to September 2021

Questions:

  1. Are you surprised by this number? Why or why not?
  2. How do you think the unemployment rate of recent college graduates compares to those with no college education? Why?
  3. The pandemic affected job security for many Americans. What are some ways that you could prepare for unknown events affecting your financial wellbeing? (Good financial preparation won't always be able to avoid negative effects of unforeseen events such as the Covid-19 pandemic, but many strategies can be helpful to make the effects less dire.)

 Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

 

Behind the numbers (Statista):

 "In September 2021, about 5.4 percent of recent college graduates were unemployed in the United States. This was a large decrease from September 2020, when the unemployment rate among recent college graduates was at a high of 13.3 percent."

 

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About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.

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