Definition
A cross-tabulation showing the highest level of educational attainment for individuals aged 25+, categorized by their employment status (e.g., employed, unemployed, not in labor force).
Why It Matters
Directly illustrates the strong correlation between education and labor market outcomes. It reveals how different educational levels impact employment rates and provides insights into skill gaps and workforce readiness.
Specific Relevance for Professionals:
Marketers
Enables precise targeting for educational programs (e.g., upskilling for unemployed high school graduates, career advancement for employed college graduates) or products/services relevant to workforce status and educational background.
Researchers
Fundamental for studying labor market dynamics, the returns to education in terms of employment, and how educational disparities contribute to unemployment or underemployment.
Consultants
Crucial for workforce planning, talent acquisition strategies, and assessing the skill profile of a regional labor force for clients. It helps identify opportunities for vocational training or higher education.
Public Policy Workers
Paramount for informing workforce development programs, unemployment initiatives, and education policies aimed at improving employment outcomes by aligning educational attainment with labor market needs.
