72.3 percent of 2018 bachelor's degree recipients were employed in October 2018

May 31, 2019

There were 1.8 million people ages 20 to 29 who earned college degrees between January and October 2018. About 1.1 million of these recent degree recipients earned a bachelor’s degree, 352,000 earned an advanced degree, and 374,000 earned an associate degree. Among recent bachelor’s degree recipients, 72.3 percent were employed in October 2018.

Employment–population ratios for recent college degree recipients ages 20 to 29, by degree type, October 2007–October 2018
Year Associate degree Bachelor's degree Advanced degree

2007

80.0% 77.6% 90.3%

2008

74.9 77.7 79.4

2009

69.3 68.8 80.8

2010

68.6 70.1 79.5

2011

77.5 72.5 83.2

2012

74.4 73.1 74.3

2013

73.7 72.6 78.0

2014

72.9 70.6 81.2

2015

65.5 76.7 79.3

2016

73.3 70.9 79.8

2017

79.8 77.6 77.5

2018

75.0 72.3 80.7

Twenty percent (or 224,000) of recent bachelor's degree recipients were enrolled in school in October 2018. These recent graduates who were enrolled in school were much less likely to be employed (47.9 percent) than those who were not enrolled (78.5 percent).

Among people who received an advanced degree between January and October 2018, 80.7 percent were employed in October 2018. Among 2018 associate degree recipients, 75.0 percent were employed in October 2018.

These data are from the Current Population Survey. For more information, see “College Enrollment and Work Activity of Recent High School and College Graduates — 2018.” Advanced degrees include master’s, professional, or doctoral degree.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, 72.3 percent of 2018 bachelor's degree recipients were employed in October 2018 on the Internet at https://www.bls.gov/opub/ted/2019/72-point-3-percent-of-2018-bachelors-degree-recipients-were-employed-in-october-2018.htm (visited August 18, 2019).

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