Unemployment Rate - College Graduates - Professional Degree, 55 to 64 years, Women
CGPD5564W • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
14.63%
Date Range
3/1/2001 - 7/1/2025
Summary
The Unemployment Rate - College Graduates - Professional Degree, 55 to 64 years, Women series measures the percentage of women aged 55 to 64 with a professional degree who are unemployed. This metric is a key indicator of labor market health and economic opportunity for highly educated older women.
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 series tracks the unemployment rate for women aged 55 to 64 who have completed a professional degree, such as a law, medical, or doctoral degree. It provides insights into the job prospects and labor force participation of highly educated older women, an important demographic for understanding broader employment trends.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Policymakers and economists use this indicator to assess the economic well-being and labor market conditions for a highly skilled, experienced segment of the workforce.
Key Facts
- The unemployment rate for this group was 2.1% as of the latest data.
- The rate has remained below the national average for the past decade.
- Women with professional degrees have significantly lower unemployment than those with bachelor's degrees.
FAQs
Q: What does this economic trend measure?
A: This series measures the unemployment rate for women aged 55 to 64 who have completed a professional degree, such as a law, medical, or doctoral degree.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the job prospects and labor force participation of highly educated older women, an important demographic for understanding broader employment trends and the economic well-being of a skilled segment of the workforce.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the labor market conditions and economic well-being of a highly skilled, experienced segment of the workforce.
Q: Are there update delays or limitations?
A: The data is updated monthly and has no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Unemployment Rate - College Graduates - Professional Degree, 55 to 64 years, Women (CGPD5564W), retrieved from FRED.