Unemployment Rate - Some College, No Degree, 55 to 64 years, Men
SCND5564M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.50
Year-over-Year Change
-46.43%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment for men aged 55-64 with some college education but no degree. Provides crucial insights into mid-to-late career employment challenges.
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 unemployment rate measures jobless individuals in a specific educational and age demographic. It helps understand workforce transitions and educational impact.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by economists and policymakers to assess workforce development and education strategies.
Key Facts
- Highlights employment challenges for older workers
- Reflects impact of educational attainment on job prospects
- Important for understanding workforce transitions
FAQs
Q: What does this unemployment rate represent?
A: Measures jobless men 55-64 with some college but no completed degree. Indicates employment challenges for this demographic.
Q: Why track this specific group?
A: Provides insights into mid-career employment challenges and educational credential impacts.
Q: How can this data be used?
A: Helps design workforce training, education policy, and economic development strategies.
Q: What factors affect this rate?
A: Industry changes, technological shifts, and educational requirements significantly impact employment.
Q: How frequently is this data updated?
A: Monthly updates through the Bureau of Labor Statistics' comprehensive survey.
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Citation
U.S. Federal Reserve, Unemployment Rate - Some College, No Degree, 55 to 64 years, Men (SCND5564M), retrieved from FRED.