People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Pennsylvania
GCT1503PA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.40
Year-over-Year Change
38.46%
Date Range
1/1/2006 - 1/1/2023
Summary
This trend measures the percentage of the population aged 25 and older in Pennsylvania who have completed a graduate or professional degree. It provides insights into the educational attainment of the state's adult population.
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 Pennsylvania metric tracks the share of the state's adult population that has obtained an advanced academic degree beyond a bachelor's level. This data is used by policymakers, economists, and educators to analyze trends in educational achievement and human capital development.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is important for understanding Pennsylvania's workforce quality and competitiveness compared to other states.
Key Facts
- Pennsylvania's graduate degree attainment rate is above the national average.
- The state has seen steady increases in graduate degree completion over the past decade.
- Higher educational attainment is linked to higher incomes and economic productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population aged 25 and older in Pennsylvania who have completed a graduate or professional degree, such as a master's, doctorate, or professional certification.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the educational attainment and human capital of Pennsylvania's adult population, which is important for understanding the state's workforce quality, economic competitiveness, and potential for innovation and productivity growth.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey, which surveys a sample of households across the country.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and education stakeholders use this metric to analyze trends in advanced educational achievement, inform workforce development initiatives, and assess Pennsylvania's competitiveness relative to other states.
Q: Are there update delays or limitations?
A: The data is updated annually by the U.S. Census Bureau, with a typical 1-year lag in availability. The survey sample size may limit the statistical reliability of estimates for smaller geographic areas within Pennsylvania.
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Citation
U.S. Federal Reserve, People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Pennsylvania (GCT1503PA), retrieved from FRED.