Unemployment rate for recent US college grads exceeds 25% before 2030?
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9%
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Resolves YES if the unemployment for recent US college grads exceeds 25% at any point before 2030.
Source:
U.S. Census Bureau and U.S. Bureau of Labor Statistics, Current Population Survey (IPUMS)
https://www.newyorkfed.org/research/college-labor-market#--:explore:unemployment
Context:
Recently the rate jumped to an unusually high 5.8% which might be attributed to some entry-level positions being displaced by Artificial Intelligence.
The highest data-point so far was 13.4% in May 2020 at the beginning of COVID.
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