Unemployment Rate - Some College or Associate Degree, 55 to 64 years

SCAD5564 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

-31.03%

Date Range

1/1/2000 - 7/1/2025

Summary

Tracks unemployment for middle-aged workers with some college or associate degrees. Provides critical insight into labor market dynamics for experienced professionals.

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 workers aged 55-64 with post-secondary education. It reflects workforce participation and economic opportunities for mature professionals.

Methodology

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

Historical Context

Used by policymakers to assess workforce development and mid-career employment challenges.

Key Facts

  • Reflects employment challenges for experienced professionals
  • Indicates economic resilience of educated workforce
  • Helps track mid-career job market trends

FAQs

Q: How does education impact unemployment for 55-64 year olds?

A: College education typically reduces unemployment risk for older workers. Associate degrees provide additional job market flexibility.

Q: Why track unemployment for this specific age group?

A: Reveals economic opportunities and challenges for experienced professionals near retirement age.

Q: How often is this data updated?

A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.

Q: What factors influence this unemployment rate?

A: Economic conditions, industry changes, and technological disruption impact employment for this demographic.

Q: How does this metric differ from overall unemployment?

A: Specifically focuses on educated workers aged 55-64, providing targeted labor market insights.

Related Trends

Citation

U.S. Federal Reserve, Unemployment Rate - Some College or Associate Degree, 55 to 64 years (SCAD5564), retrieved from FRED.