Recent college grads are losing their edge in the job market, study shows

College graduates may be losing their edge in the labor market, as the unemployment gap between them and workers with only high school degrees has narrowed and reached its lowest level in decades, according to a new report.The Federal Reserve Bank of Cleveland analyzed unemployment trends for high school and college graduates between the ages of 22 and 27, as high school graduates have typically experienced relatively higher levels of unemployment.The Cleveland Fed economists found that the unemployment gap has continually declined since the 2008 financial crisis and recently reached its lowes