High School Graduate or Higher for Virginia
GCT1501VA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.40
Year-over-Year Change
4.10%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'High School Graduate or Higher for Virginia' metric tracks the percentage of Virginia's population aged 25 and older who have obtained at least a high school diploma or equivalent. This statistic is a key indicator of educational attainment and human capital.
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 data series represents the educational attainment level of Virginia's adult population. It is an important measure used by economists, policymakers, and researchers to assess the state's workforce skills, labor market prospects, and potential for economic growth and development.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey (ACS).
Historical Context
Policymakers and analysts use this metric to inform decisions around education funding, workforce development, and programs aimed at improving access to higher education.
Key Facts
- Virginia's high school graduation rate was 91.5% in 2021.
- The state's high school graduation rate has increased by 5 percentage points since 2010.
- Educational attainment is a strong predictor of employment and earnings outcomes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Virginia's population aged 25 and older who have obtained at least a high school diploma or equivalent.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of the state's workforce skills and human capital, which are key drivers of economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey (ACS).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to inform decisions around education funding, workforce development, and programs aimed at improving access to higher education.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
Related Trends
Housing Inventory: Pending Listing Count in Virginia
PENLISCOUVA
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Virginia
VAPCELRPTSLSGSNPIS
Real Gross Domestic Product: Utilities (22) in Virginia
VAUTILRGSP
Real Gross Domestic Product: Educational Services (61) in Virginia
VAEDCATRQGSP
All Employees: Construction: Heavy and Civil Engineering Construction in Virginia
SMU51000002023700001A
Real Gross Domestic Product: Finance and Insurance (52) in Virginia
VAFININSRQGSP
Citation
U.S. Federal Reserve, High School Graduate or Higher for Virginia (GCT1501VA), retrieved from FRED.