42% of America’s recent college grads are working jobs that don’t need a degree. From Kathmandu to Paris, young people are taking to the streets

America’s newest college graduates were sold the college premium. Four in 10 of them are working jobs that never needed the diploma. About 42% of recent college graduates, ages 22 to 27, were underemployed in June, working jobs that typically don’t require a bachelor’s degree, according to the Federal Reserve Bank of New York’s tracker of the labor market for recent college graduates . That’s up from 41.8% in May but down from 42.4% in November 2025 and below the pandemic-era high of 43.4% in October 2020. Unemployment is the other half of the problem.

Source: Fortune Crypto