The unemployment rate gap between all workers and recent college graduates has been declining since 2012 

Unemployment rate for all workers minus the unemployment rate for recent college graduates (aged 22-27)

Notes: Original unemployment rates were seasonally adjusted and smoothed with a three-month moving average. All workers are those aged 16 to 65; recent college graduates are those aged 22 to 27 with a bachelor's degree or higher. Shaded areas indicate periods designated as recessions by the National Bureau of Economic Research. Data from the U.S. Census Bureau and U.S. Bureau of Labor Statistics, Current Population Survey (IPUMS).
Chart: Monday Morning EconomistSource: Federal Reserve Bank of New York and author calculationsGet the dataCreated with Datawrapper