Unemployment Rate - Some College or Associate Degree, 55 to 64 years, Men
SCAD5564M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.30
Year-over-Year Change
-56.67%
Date Range
1/1/2000 - 7/1/2025
Summary
Measures unemployment rates for men aged 55-64 with some college or associate degrees. Provides critical insights into mid-career workforce dynamics.
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 indicator tracks labor market participation for men in late-career stages with partial higher education. It reveals educational impact on employment opportunities.
Methodology
Data gathered through comprehensive Bureau of Labor Statistics employment surveys.
Historical Context
Crucial for understanding mid-career workforce trends and educational investment returns.
Key Facts
- Reflects employment challenges for mid-career professionals
- Indicates importance of educational credentials
- Tracks economic adaptability of experienced workers
FAQs
Q: How does some college education impact employment for men 55-64?
A: Partial higher education can improve job prospects and provide more diverse employment opportunities.
Q: Why is this unemployment rate important?
A: Helps understand economic challenges and opportunities for experienced workers with partial higher education.
Q: What challenges do these workers face?
A: Technological changes, industry shifts, and age discrimination can impact employment prospects.
Q: How often is this data updated?
A: Monthly updates provide current insights into workforce trends.
Q: Can additional education reduce unemployment risk?
A: Continued learning and skill development can improve employability for mid-career professionals.
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Citation
U.S. Federal Reserve, Unemployment Rate - Some College or Associate Degree, 55 to 64 years, Men (SCAD5564M), retrieved from FRED.