Unemployment Rate - Less than 1 year of High School, 55 to 64 years, Men
L1HS5564M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.90
Year-over-Year Change
11.32%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment for men aged 55-64 with less than one year of high school education. Highlights employment challenges for older men with minimal educational background.
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 indicator measures joblessness among older men with limited formal education, revealing labor market vulnerabilities.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Critical for understanding workforce participation among less-educated older men.
Key Facts
- Reveals employment challenges for less-educated older men
- Indicates potential skills mismatch in labor market
- Reflects economic vulnerability of specific demographic
FAQs
Q: Why is this unemployment rate important?
A: Provides insight into employment challenges for older men with limited education in changing job market.
Q: How does education impact employment for older men?
A: Limited education significantly reduces job market opportunities for men in this age group.
Q: What economic factors affect this rate?
A: Technological change, industry shifts, and skill requirements dramatically impact employment prospects.
Q: How frequently is this data updated?
A: Monthly updates provide current snapshot of employment trends for this demographic.
Q: Can this data inform policy?
A: Helps develop targeted workforce training and support programs for older, less-educated workers.
Related Trends
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Unemployment Rate - Associate Degree, 55 to 64 years, Women
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Citation
U.S. Federal Reserve, Unemployment Rate - Less than 1 year of High School, 55 to 64 years, Men (L1HS5564M), retrieved from FRED.