Unemployment Rate - College Graduates - Doctoral Degree, 55 to 64 years
CGDD5564 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
144.44%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among college-educated professionals aged 55-64 with doctoral degrees. Provides critical insights into labor market dynamics for highly educated senior workers.
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 for senior doctoral degree holders, reflecting advanced workforce participation and economic opportunities for experienced professionals.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess labor market conditions for highly educated older workers.
Key Facts
- Reflects advanced workforce employment trends
- Indicates economic opportunities for doctoral degree holders
- Measures labor market resilience for experienced professionals
FAQs
Q: Why is unemployment rate for doctoral degree holders important?
A: It indicates economic health and job market opportunities for highly educated professionals. Helps understand workforce utilization.
Q: How does this unemployment rate differ from other age groups?
A: Doctoral degree holders typically have lower unemployment rates due to specialized skills and expertise.
Q: What factors influence unemployment for this demographic?
A: Economic conditions, industry demand, and technological changes impact job opportunities for senior doctoral professionals.
Q: How often is this data updated?
A: Monthly updates provide current insights into employment trends for this specific demographic.
Q: Can this data predict future job market trends?
A: It offers valuable signals about labor market dynamics for highly educated senior workers.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Doctoral Degree, 55 to 64 years (CGDD5564), retrieved from FRED.