Unemployment Rate - College Graduates - Professional Degree, 55 to 64 years
CGPD5564 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.20
Year-over-Year Change
357.14%
Date Range
2/1/2000 - 7/1/2025
Summary
Tracks unemployment rates for college graduates with professional degrees aged 55-64. Offers critical insights into late-career employment 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 professionals near retirement age. It reflects labor market challenges for experienced workers.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to understand employment challenges for mature professionals.
Key Facts
- Professional degrees typically provide employment stability
- Reflects challenges for experienced professionals
- Important indicator of workforce adaptability
FAQs
Q: Why track unemployment for this age group?
A: Provides insights into employment challenges and opportunities for experienced professionals near retirement.
Q: How do professional degrees impact late-career employment?
A: Professional degrees often provide more employment resilience for mature workers.
Q: How frequently is this data updated?
A: Monthly updates through the Current Population Survey ensure current labor market tracking.
Q: Do professional degrees protect against unemployment?
A: While beneficial, professional degrees do not guarantee complete employment protection.
Q: What makes this unemployment rate unique?
A: Focuses on a specific age group with professional credentials, offering targeted labor market analysis.
Related Trends
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ADOP65O
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ADEG65OM
Unemployment Rate - 1-3 years of High School, 20 to 24 years, Men
HS132024M
Unemployment Rate - Less than 1 year of High School, 65 years and over, Men
L1HS65OM
Unemployment Rate - College Graduates - Bachelor's Degree, 65 years and over
CGBD65O
Unemployment Rate: College Graduates: Advanced Degree: Master's Degree and Higher, 25 years and over
CGAD25O
Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Professional Degree, 55 to 64 years (CGPD5564), retrieved from FRED.