Unemployment Rate - 60-61 Yrs., Men
LNU04000196 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-15.15%
Date Range
6/1/1976 - 7/1/2025
Summary
Tracks unemployment specifically for men aged 60-61, providing insight into labor market dynamics for older male workers. Critical for understanding age-specific employment challenges.
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 the percentage of unemployed men between 60-61 years old actively seeking employment. Helps analyze workforce participation for near-retirement workers.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess workforce aging and employment transition challenges.
Key Facts
- Reflects employment challenges for pre-retirement males
- Indicates workforce participation trends
- Important economic health indicator
FAQs
Q: Why is unemployment rate for 60-61 year old men important?
A: Reveals labor market challenges for older workers and potential early retirement trends.
Q: How does this unemployment rate differ from overall unemployment?
A: Focuses specifically on men aged 60-61, providing targeted demographic insights.
Q: What factors influence unemployment for this age group?
A: Includes technological changes, health, skills obsolescence, and economic conditions.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by Bureau of Labor Statistics.
Q: Can this data predict economic trends?
A: Provides insights into workforce transitions and potential economic shifts.
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Citation
U.S. Federal Reserve, Unemployment Rate - 60-61 Yrs., Men (LNU04000196), retrieved from FRED.