Unemployment Level - College Graduates - Professional Degree, 55 to 64 years
CGPDU5564 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
400.00%
Date Range
2/1/2000 - 7/1/2025
Summary
Tracks unemployment among college-educated professionals aged 55-64. Provides critical insights into labor market dynamics for experienced workers with advanced degrees.
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 jobless professionals with graduate-level education in the mature workforce segment. It reflects economic conditions and employment challenges for highly educated older workers.
Methodology
Data collected through monthly Bureau of Labor Statistics household surveys.
Historical Context
Used by policymakers to assess workforce transitions and professional employment trends.
Key Facts
- Reflects employment challenges for experienced professionals
- Indicates economic resilience of advanced degree holders
- Important indicator of workforce skill adaptation
FAQs
Q: Why is unemployment data for professionals important?
A: It reveals economic health and skill market dynamics. Helps understand workforce transitions and economic adaptability.
Q: How does professional degree unemployment differ from general unemployment?
A: Typically lower rates due to specialized skills. Reflects more nuanced labor market conditions.
Q: What factors influence unemployment for 55-64 year old professionals?
A: Technology changes, retirement trends, and industry restructuring significantly impact this demographic.
Q: How frequently is this data updated?
A: Monthly updates provide current labor market snapshots. Allows tracking of short-term employment trends.
Q: Can this data predict economic trends?
A: Serves as a leading indicator of workforce and economic health. Helps economists forecast labor market changes.
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Citation
U.S. Federal Reserve, Unemployment Level - College Graduates - Professional Degree (CGPDU5564), retrieved from FRED.