skip to content
stats / united states / jobs & cost of living

Jobs & cost of living · United States

For recent grads: how easy it is to find work, how good the jobs are, what they pay and what life costs.

Grad view

United States
Youth unemployment
9.9 % · Sep 2026
Recent-grad employment
85.4 % · 2025
Average wage (PPP)
86,977 US$ PPP · 2025
Price level
100 USA = 100 · 2025
Housing squeeze
110 index · Q2 2026

Beveridge curve: how hard is it to find a job?

quarterly unemployment rate (x) vs job vacancy rate (y), since 2010 · up and left = tighter market, easier to get hired
Source: FRED, Federal Reserve Bank of St. Louis (original series sources apply)
Latest US
Unemployment rate %4.2Sep 2026
Youth unemployment, 15–24 %9.9Sep 2026
Unemployment, 25–29 %8.0Sep 2026
Unemployment with a degree %2.6Sep 2026
Job vacancy rate %4.3Aug 2026
Job openings per unemployed person ratio1.01Aug 2026
Long-term unemployed (1 year +) % of unemployed13.82025
Quits rate %1.9Aug 2026
Employment rate, tertiary-educated 25–34 %85.42025
Not in employment, education or training (NEET) %11.62025
Graduate earnings premium index1662024
Temporary contracts %4.32023
Temporary contracts, 15–24 %12.92023
Part-time work %26.92025
Hours worked per worker, per year hours1,8002025
Average annual wage US$ PPP86,9772025
Median full-time wage (approx.) US$ PPP62,6082025
Real wage growth %1.72025
Minimum wage, hourly US$ PPP7.252025
Minimum wage vs median wage % of median24.12025
Minimum wage, monthly (EU) PPS834H2 2026
Price level of household consumption USA = 1001002025
Price level now (OECD, monthly) USA = 100100Aug 2026
Price level of household consumption (EU27 = 100) EU27 = 1001492024
Big Mac price US$6.22H2 2026
House price-to-income index110Q2 2026
House price-to-rent index130Q4 2024
Rents Index 2015=100149Q4 2024

Unemployment

Unemployment rate

monthly where available · %
Source: FRED, Federal Reserve Bank of St. Louis (original series sources apply)

Youth unemployment, 15–24

US 16–24 · %
Source: FRED, Federal Reserve Bank of St. Louis (original series sources apply)

Unemployment, 25–29

CW 25–34 · US 20–24 · %
Source: FRED, Federal Reserve Bank of St. Louis (original series sources apply)

Unemployment with a degree

advanced education · US bachelor’s, 25–34 · %
Source: FRED, Federal Reserve Bank of St. Louis (original series sources apply)

Finding a job

Job vacancy rate

vacancies ÷ (jobs + vacancies) · US JOLTS openings rate · %
Source: FRED, Federal Reserve Bank of St. Louis (original series sources apply)

Job openings per unemployed person

above 1 = more openings than jobseekers · ratio
Source: FRED, Federal Reserve Bank of St. Louis (original series sources apply)

Long-term unemployed (1 year +)

share of the unemployed · % of unemployed
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Quits rate

people leaving their job voluntarily, a sign of confidence (JOLTS) · %
Source: FRED, Federal Reserve Bank of St. Louis (original series sources apply)

Graduates

Employment rate, tertiary-educated 25–34

%
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Not in employment, education or training (NEET)

EU 15–29 · elsewhere 15–24 · %
Source: World Bank, World Development Indicators, CC BY 4.0

Graduate earnings premium

full-time earnings of tertiary-educated 25–34s, upper secondary = 100 · index
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Job quality

Temporary contracts

share of employees · %
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Temporary contracts, 15–24

%
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Part-time work

share of employment · %
Source: World Bank, World Development Indicators, CC BY 4.0

Hours worked per worker, per year

hours
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Wages

Average annual wage

full-time equivalent, constant prices, PPP · US$ PPP
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Median full-time wage (approx.)

real minimum wage ÷ minimum-to-median ratio, PPP · US$ PPP
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Real wage growth

yearly change of the average wage after inflation · %
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Minimum wage, hourly

constant prices, PPP · US$ PPP
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Minimum wage vs median wage

% of median
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Minimum wage, monthly (EU)

purchasing power standards · PPS
Source: Eurostat, CC BY 4.0

Cost of living

Price level of household consumption

how expensive life is at market exchange rates, USA = 100 · USA = 100
Source: World Bank, World Development Indicators, CC BY 4.0

Price level now (OECD, monthly)

comparative price level, USA = 100 · USA = 100
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Price level of household consumption (EU27 = 100)

EU27 = 100
Source: Eurostat, CC BY 4.0

Big Mac price

NL and EU: euro-area average · US$
Source: The Economist, Big Mac index (CC BY 4.0)

Housing

House price-to-income

vs its own long-term average (= 100) · index
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

House price-to-rent

vs its own long-term average (= 100) · index
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Rents

Index 2015=100
Source: OECD Data Explorer (prices; financial market statistics), CC BY 4.0

Not available for United States: Employment rate of recent graduates, Very long hours (50 h + a week), Usual weekly hours, full-time job, Price level: food (EU27 = 100), Price level: housing, water, energy (EU27 = 100), Price level: transport (EU27 = 100), Price level: restaurants and hotels (EU27 = 100), Housing cost overburden, aged 25–29, Still living with their parents, 25–29.

stan runge 0793996 source