Unemployment Rate - Associate Degree - Occupational Program, 20 to 24 years
ADOP2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.90
Year-over-Year Change
210.53%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment rates for young adults with associate degrees in occupational programs. Provides insights into early career employment challenges.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Measures jobless rates for 20-24 year olds with specific occupational associate degrees. Indicates labor market entry conditions for technical graduates.
Methodology
Data collected through monthly Current Population Survey by Bureau of Labor Statistics.
Historical Context
Critical for understanding youth employment and vocational education outcomes.
Key Facts
- Focuses on 20-24 year old occupational degree holders
- Reveals technical education employment outcomes
- Indicates early career job market conditions
FAQs
Q: What does this unemployment rate measure?
A: Jobless rates for young adults with occupational associate degrees. Tracks employment challenges for technical program graduates.
Q: Why track this specific demographic?
A: Provides insights into vocational education effectiveness and labor market entry for young technical graduates.
Q: How does this compare to overall youth unemployment?
A: Often differs from general unemployment due to specialized skills and targeted job markets.
Q: What impacts this unemployment rate?
A: Economic conditions, industry demand, and alignment between educational programs and job market needs.
Q: How frequently is this data updated?
A: Monthly updates through Bureau of Labor Statistics Current Population Survey.
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Citation
U.S. Federal Reserve, Unemployment Rate - Associate Degree - Occupational Program, 20 to 24 years (ADOP2024), retrieved from FRED.