This article provides the August 2014 BLS monthly unemployment and employment data and analysis for bachelor’s degree college grads aged 20-24, given to the Curran Consulting Group by the Bureau of Labor Statistics.
The graphs below show the 20-24 year old cohort exclusively, with the first chart looking at the past two years (Jan, 2013—Aug, 2014), and the second chart comparing monthly unemployment rates over the last six years.
The August 2014 unemployment rate(8.3%) is lower than last month, which is good albeit somewhat expected given the time of year, July usually showcasing the worst month each year. As the following chart illustrates, the monthly rates do tend to rise and fall in a similar pattern each year:
The situation has been somewhat better,but, the question remains as to when there will be more consistent and sustained improvement in job prospects for new college graduates.