Unemployment Rate - Associate Degree - Occupational Program, 65 years and over
ADOP65O • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
36.84%
Date Range
1/1/2000 - 7/1/2025
Summary
Measures unemployment rates for individuals 65 and older with occupational associate degrees. Provides critical insights into senior 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 jobless rates for seniors with career-focused associate degrees. It reveals labor market engagement for older workers.
Methodology
Data gathered through comprehensive Bureau of Labor Statistics employment surveys.
Historical Context
Utilized by economists to analyze senior workforce participation and skill relevance.
Key Facts
- Highlights employment challenges for seniors with occupational training
- Indicates skill adaptability in mature workforce
- Reflects economic opportunities for career-trained seniors
FAQs
Q: How do occupational associate degrees impact employment for seniors?
A: Specialized training can improve job prospects and provide targeted employment opportunities for older workers.
Q: Why is tracking this unemployment rate important?
A: Understanding senior employment helps develop workforce strategies and economic policies.
Q: How frequently is this data collected?
A: Unemployment statistics are typically updated on a monthly basis.
Q: What challenges do seniors with occupational degrees face in employment?
A: Age discrimination, technological changes, and industry shifts can impact senior employment opportunities.
Q: Can occupational training reduce unemployment risk for older workers?
A: Specialized skills can enhance employability and provide more diverse job market opportunities.
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Citation
U.S. Federal Reserve, Unemployment Rate - Associate Degree - Occupational Program, 65 years and over (ADOP65O), retrieved from FRED.