Unemployment Rate - 4 years of High School, No Diploma, 55 to 64 years
HS4N5564 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
-46.55%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among older workers with limited education. Provides critical insight into labor market challenges for older, less-educated individuals.
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 workers aged 55-64 with only four years of high school education. Indicates economic vulnerability for this demographic group.
Methodology
Bureau of Labor Statistics collects data through monthly household surveys.
Historical Context
Used to assess workforce participation and economic opportunities for older workers.
Key Facts
- Reflects economic challenges for less-educated older workers
- Indicates potential barriers to employment
- Important for workforce policy development
FAQs
Q: Why is unemployment rate important for this age group?
A: Reveals economic challenges for older workers with limited education. Helps policymakers understand labor market barriers.
Q: How does education impact unemployment for 55-64 year olds?
A: Limited education often correlates with higher unemployment rates. Shows importance of continuous skill development.
Q: What factors influence this unemployment rate?
A: Technology changes, skill obsolescence, and economic restructuring significantly impact this demographic.
Q: How can workers in this category improve employability?
A: Continuous learning, skills retraining, and adapting to new technologies can enhance job prospects.
Q: How often is this data updated?
A: Monthly updates provide current snapshot of unemployment trends for this demographic.
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Citation
U.S. Federal Reserve, Unemployment Rate - 4 years of High School, No Diploma, 55 to 64 years (HS4N5564), retrieved from FRED.