Unemployment Rate - Some College or Associate Degree, 65 years and over
SCAD65O • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
-40.91%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment rates for individuals 65 and older with some college or associate degrees. Provides insights into senior workforce participation and educational attainment.
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 older adults with post-secondary education. It helps analyze senior employment dynamics and educational impact.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to understand senior workforce engagement and economic opportunities.
Key Facts
- Reflects senior workforce engagement
- Indicates post-secondary education value
- Helps understand retirement transition patterns
FAQs
Q: What does this unemployment rate represent?
A: Measures joblessness for seniors with some college or associate degrees. Reflects mature workforce conditions.
Q: Why track unemployment for this demographic?
A: Helps understand senior economic participation and educational impact on employment.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by BLS.
Q: How does education affect senior employment?
A: Higher education levels typically correlate with lower unemployment and more job opportunities.
Q: What challenges do seniors face in employment?
A: Age discrimination, technological changes, and skill relevance can impact senior job prospects.
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Citation
U.S. Federal Reserve, Unemployment Rate - Some College or Associate Degree, 65 years and over (SCAD65O), retrieved from FRED.