Unemployment Rate - College Graduates - Master's Degree, 55 to 64 years
CGMD5564 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.70
Year-over-Year Change
8.82%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among college graduates with master's degrees aged 55-64. Provides insights into advanced degree employment dynamics for senior professionals.
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 labor market participation for master's degree holders in late-career stages. Reflects advanced educational attainment's impact on employment stability.
Methodology
Bureau of Labor Statistics conducts comprehensive monthly employment surveys.
Historical Context
Critical for understanding higher education's long-term economic value.
Key Facts
- Indicates employment resilience for advanced degree holders
- Reflects high-skill labor market dynamics
- Demonstrates value of continuous professional education
FAQs
Q: Do master's degrees guarantee employment for 55-64 year olds?
A: Master's degrees provide employment advantages but do not guarantee jobs. Specialized skills and industry demand remain crucial.
Q: How do economic cycles affect this unemployment rate?
A: Economic fluctuations significantly impact employment opportunities for master's degree holders in this age group.
Q: How frequently is this data updated?
A: Monthly updates provide current insights into this specific demographic's employment landscape.
Q: What industries most employ master's degree holders in this age range?
A: Academic, healthcare, technology, and consulting sectors typically employ many master's degree professionals.
Q: How does this unemployment rate compare to younger master's degree holders?
A: Older master's degree holders may face more challenges due to technological changes and industry transformations.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Master's Degree, 55 to 64 years (CGMD5564), retrieved from FRED.