Unemployment Rate - 60-61 Yrs., Women

LNU04000351 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.30

Year-over-Year Change

26.92%

Date Range

6/1/1976 - 7/1/2025

Summary

Tracks unemployment levels for women aged 60-61, providing critical insights into late-career labor market dynamics. Reflects economic participation and challenges for older female workers.

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 jobless rates for women near traditional retirement age. It helps economists understand workforce transitions and employment challenges for mature workers.

Methodology

Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.

Historical Context

Used in policy discussions about workforce aging and retirement economic preparedness.

Key Facts

  • Reflects economic opportunities for mature female workers
  • Indicates potential early retirement or workforce challenges
  • Part of comprehensive labor market analysis

FAQs

Q: Why is unemployment rate for 60-61 year old women important?

A: Reveals economic challenges and workforce participation for women near retirement. Indicates broader labor market trends.

Q: How is this unemployment rate calculated?

A: Measured through monthly surveys tracking jobless individuals actively seeking employment.

Q: What factors influence this unemployment rate?

A: Economic conditions, skills relevance, health, and workplace discrimination impact employment.

Q: How does this rate compare to other age groups?

A: Often higher due to workplace transitions, skill obsolescence, and age-related employment barriers.

Q: How frequently is this data updated?

A: Monthly updates provide current snapshot of employment conditions.

Related Trends

Citation

U.S. Federal Reserve, Unemployment Rate - 60-61 Yrs., Women (LNU04000351), retrieved from FRED.