U.S. skilled trades see high demand as degree-less youth employment rises

The U.S. job market is experiencing a notable divergence between degree holders and skilled tradespeople. Unemployment among workers aged 22 to 34 without a bachelor’s degree is nearing a 20-year low, while many recent college graduates are facing increased difficulty securing employment.

This trend is driven largely by a construction boom, including the rapid development of data centers across the country. A shortage of skilled workers, caused by retiring baby boomers and slower immigration, has created high demand for electricians, HVAC technicians, and plumbers. Consequently, young workers pursuing apprenticeships or trade training are finding significant opportunities in roles that do not require a four-year degree.