Story perspectives

College Graduate Unemployment Hits Record 25% Amid Job Cuts

11/22/2025

Summary

Story summary

Unemployment among college graduates reached a record 25% of total unemployment, with the unemployment rate for bachelor's degree holders at 2.8% in September.
The rise is linked to slower white-collar hiring and layoffs, including Verizon’s announcement of over 13,000 job cuts.
Young graduates aged 20 to 24 faced 9.2% unemployment, the highest outside recessions.
In 2025, job growth has concentrated in health care and leisure sectors, while professional services declined.

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Story summary

Unemployment among college graduates reached a record 25% of total unemployment, with the unemployment rate for bachelor's degree holders at 2.8% in September.
The rise is linked to slower white-collar hiring and layoffs, including Verizon’s announcement of over 13,000 job cuts.
Young graduates aged 20 to 24 faced 9.2% unemployment, the highest outside recessions.
In 2025, job growth has concentrated in health care and leisure sectors, while professional services declined.