Unemployment Rate - 55-59 Yrs., Men
LNU04000189 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.50
Year-over-Year Change
-19.35%
Date Range
6/1/1976 - 7/1/2025
Summary
Tracks unemployment specifically for men aged 55-59, providing critical insights into labor market dynamics for mature male workers. This metric reveals economic challenges for an important demographic segment.
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 measures the percentage of jobless workers within this specific age and gender group. It reflects labor market health and workforce participation for older male workers.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess workforce transitions and economic opportunities for mature workers.
Key Facts
- Reflects economic challenges for older male workers
- Part of comprehensive labor market analysis
- Indicates workforce transition patterns
FAQs
Q: Why is unemployment rate for 55-59 year old men important?
A: Reveals economic opportunities and challenges for mature male workers. Indicates broader labor market health.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by BLS.
Q: What factors influence this unemployment rate?
A: Economic conditions, industry changes, and workforce skill relevance impact this metric.
Q: How does this compare to overall unemployment?
A: Often differs from general unemployment due to age-specific workforce dynamics.
Q: Can this data predict economic trends?
A: Provides insights into labor market transitions and economic structural changes.
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Citation
U.S. Federal Reserve, Unemployment Rate - 55-59 Yrs., Men (LNU04000189), retrieved from FRED.