National Journal describes a recent report released by the Center for Economic and Policy Research:
In 2013, the most recent period for which unemployment data are available by both race and educational attainment, 12.4 percent of black college graduates between the ages of 22 and 27 were unemployed. For all college graduates in the same age range, the unemployment rate stood at just 5.6 percent.Unfortunately, the National Journal article doesn't break out white and Latino data.
The center's study found that even black students who majored in high-demand fields such as engineering fare only slightly better than those who spent their college years earning liberal arts degrees. Between 2010 and 2012, 10 percent of black college graduates with engineering degrees and 11 percent of those with math and computer-related degrees were unemployed, compared with 6 percent of all engineering graduates and 7 percent of all those who focused their studies on math and computers.
The study also found that among older college graduates, the gap in the unemployment rate narrows but doesn't disappear. Bureau of Labor Statistics data indicates that in 2013, 3.5 percent of all white college graduates were unemployed while nearly 6 percent of all black college graduates sought work but could not find it.
