High School Graduate or Higher for Louisiana
GCT1501LA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.80
Year-over-Year Change
6.42%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'High School Graduate or Higher for Louisiana' trend measures the percentage of the adult population in Louisiana that has attained at least a high school diploma or equivalent. This metric is a key indicator of educational attainment and human capital within the state.
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 statistic represents the proportion of Louisiana residents aged 25 and older who have completed high school or an equivalent credential such as a GED. It is used by policymakers, researchers, and analysts to assess the state's educational outcomes and workforce readiness.
Methodology
The U.S. Census Bureau collects this data through the American Community Survey.
Historical Context
Trends in high school graduation rates inform decisions about education funding, workforce development, and economic policies at the state level.
Key Facts
- Louisiana's high school graduation rate was 86.7% in 2019.
- The state has seen a steady increase in educational attainment over the past decade.
- High school completion is a strong predictor of future employment and earnings.
FAQs
Q: What does this economic trend measure?
A: The 'High School Graduate or Higher for Louisiana' statistic represents the percentage of adults in Louisiana who have attained at least a high school diploma or equivalent credential.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of the state's educational outcomes and workforce readiness, informing policies and decisions around education funding, economic development, and human capital investment.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through the American Community Survey, a comprehensive household survey conducted annually.
Q: How is this trend used in economic policy?
A: Trends in high school graduation rates are used by policymakers, economists, and institutions to assess the state's progress in education and to inform decisions about funding, workforce development, and other economic policies.
Q: Are there update delays or limitations?
A: The American Community Survey data is released annually, so there may be a 1-year delay in the most recent figures being available. The survey also has some sampling limitations that should be considered when interpreting the data.
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Citation
U.S. Federal Reserve, High School Graduate or Higher for Louisiana (GCT1501LA), retrieved from FRED.