Unemployment Rate - Less than 1 year of High School, 65 years and over
L1HS65O • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.40
Year-over-Year Change
-61.11%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among seniors with minimal education. Provides critical insight into labor market challenges for older workers with limited academic credentials.
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 older adults with less than a high school education. It reflects educational attainment's impact on employment opportunities.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used to assess workforce vulnerability and target job training programs for seniors.
Key Facts
- Indicates economic challenges for less-educated seniors
- Reflects broader workforce participation trends
- Critical for social policy and workforce development
FAQs
Q: Why is unemployment rate important for seniors with low education?
A: It reveals economic vulnerabilities and potential need for retraining or support programs.
Q: How does education impact senior employment?
A: Lower education levels typically correlate with higher unemployment and reduced job opportunities.
Q: What factors influence this unemployment rate?
A: Technology changes, skill obsolescence, and economic structural shifts significantly impact senior employment.
Q: How can seniors improve employment prospects?
A: Continuous learning, skills upgrade, and targeted job training can enhance employability.
Q: How often is this data updated?
A: Monthly updates provide current snapshot of senior labor market conditions.
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Citation
U.S. Federal Reserve, Unemployment Rate - Less than 1 year of High School, 65 years and over (L1HS65O), retrieved from FRED.