People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Louisiana
GCT1503LA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.10
Year-over-Year Change
42.25%
Date Range
1/1/2006 - 1/1/2023
Summary
This trend measures the percentage of the adult population in Louisiana who have completed a graduate or professional degree. It provides insights into the state's educational attainment levels and talent pool.
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
The 'People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Louisiana' statistic tracks the share of the Louisiana population aged 25 and older that has earned an advanced academic degree beyond a bachelor's. This data is used to analyze the state's human capital and skilled workforce.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and businesses utilize this information to assess Louisiana's talent pipeline and make informed decisions regarding economic development and talent attraction.
Key Facts
- In 2021, 11.3% of Louisiana's adult population had a graduate or professional degree.
- Louisiana's graduate degree attainment rate is lower than the national average of 13.9%.
- Advanced degree holders tend to earn higher incomes and contribute more to economic productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the adult population in Louisiana who have completed a graduate or professional degree, such as a master's, doctoral, or professional degree.
Q: Why is this trend relevant for users or analysts?
A: The graduate degree attainment rate is an important indicator of a state's human capital and skilled workforce, which is crucial for economic development, talent attraction, and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and businesses utilize this information to assess Louisiana's talent pipeline and make informed decisions regarding economic development and talent attraction.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some limitations in capturing the most recent changes in educational attainment.
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Citation
U.S. Federal Reserve, People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Louisiana (GCT1503LA), retrieved from FRED.