Unemployment Rate - 45-54 Yrs.
LNS14000093 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.90
Year-over-Year Change
0.00%
Date Range
1/1/1948 - 7/1/2025
Summary
Tracks unemployment specifically for workers aged 45-54, providing critical insight into mid-career labor market dynamics. This metric reveals economic challenges for a key professional demographic.
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
The unemployment rate for 45-54 year olds measures joblessness within a crucial working-age population. It reflects economic conditions and workforce participation for experienced professionals.
Methodology
Bureau of Labor Statistics surveys households monthly to calculate this unemployment percentage.
Historical Context
Used by policymakers to assess labor market health and workforce transition challenges.
Key Facts
- Represents workers in prime earning years
- Indicates economic resilience of experienced workforce
- Reflects potential career transition challenges
FAQs
Q: Why is the 45-54 age group unemployment rate important?
A: This group represents experienced workers with significant professional skills. Their unemployment can signal broader economic challenges.
Q: How does this rate differ from overall unemployment?
A: It provides targeted insights into a specific age demographic's labor market performance.
Q: What factors influence this unemployment rate?
A: Economic cycles, industry shifts, technological changes, and workforce skills alignment impact this metric.
Q: How frequently is this data updated?
A: Monthly updates provide current snapshot of employment trends for this age group.
Q: Can this rate predict economic trends?
A: It serves as a leading indicator of workforce health and potential economic transitions.
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Citation
U.S. Federal Reserve, Unemployment Rate - 45-54 Yrs. (LNS14000093), retrieved from FRED.