If You’re in Your Twenties, Having a College Degree No Longer Helps You Find a Job Faster

College graduates have historically found jobs more quickly than people with only a high school degree, but that advantage is becoming a thing of the past, according to new research from the Federal Reserve Bank of Cleveland.

“Recently, the job-finding rate for young college-educated workers has declined to be roughly in line with the rate for young high-school-educated workers, indicating that a long period of relatively easier job-finding prospects for college grads has ended,” Cleveland Fed researchers Alexander Cline and Barış Kaymak said in a blog post published Monday.