Unemployment Rate - College Graduates - Professional Degree, 55 to 64 years, Men
CGPD5564M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
-38.89%
Date Range
2/1/2000 - 7/1/2025
Summary
Tracks unemployment among college-educated professional men aged 55-64. Provides critical insights into labor market dynamics for experienced professional workers.
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
This metric measures joblessness for highly educated male professionals near retirement age. It reflects workforce participation and economic opportunities for senior professionals.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess labor market health for experienced professional workers.
Key Facts
- Reflects employment trends for highly educated professionals
- Indicates economic opportunities for experienced workers
- Part of comprehensive labor market analysis
FAQs
Q: What does this unemployment rate indicate?
A: Measures joblessness for college-educated professional men aged 55-64. Reflects labor market conditions for experienced workers.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Q: Why is this unemployment rate important?
A: Provides insights into economic opportunities for senior professionals with advanced degrees.
Q: How does this compare to other age groups?
A: Allows comparison of unemployment rates across different professional demographic segments.
Q: What factors influence this rate?
A: Economic conditions, industry changes, and workforce skill relevance impact unemployment.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Professional Degree, 55 to 64 years, Men (CGPD5564M), retrieved from FRED.