Unemployment Rate - 55 Yrs. & over, Men
LNS14024231 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.90
Year-over-Year Change
-12.12%
Date Range
1/1/1948 - 7/1/2025
Summary
Tracks unemployment rates for men aged 55 and older, providing critical insights into senior workforce participation and labor market 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 metric measures joblessness among older male workers, reflecting economic opportunities and challenges for mature professionals.
Methodology
Data collected through monthly household surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess workforce aging and employment trends.
Key Facts
- Reflects economic resilience of older male workers
- Indicates potential age-related employment barriers
- Important for retirement and workforce planning
FAQs
Q: How does unemployment impact men over 55?
A: Higher unemployment can signal economic challenges and potential age discrimination in hiring practices.
Q: Why track unemployment for this demographic?
A: Provides insights into workforce participation and economic opportunities for older workers.
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 unemployment for older men?
A: Economic conditions, technological changes, and industry-specific trends impact employment rates.
Q: Are there policy implications?
A: Data informs workforce development and age-related employment policy decisions.
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Citation
U.S. Federal Reserve, Unemployment Rate - 55 Yrs. & over, Men (LNS14024231), retrieved from FRED.