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  "description": "The Labor Market Engagement Index provides a summary description of the relative intensity of labor market engagement and human capital in a neighborhood. This is based upon the level of employment, labor force participation, and educational attainment in a census tract. Formally, the labor market index is a linear combination of three standardized vectors: unemployment rate, labor-force participation rate, and percent with a bachelor’s degree or higher. LABOR MARKET ENGAGEMENT INDEX Summary\n\nThe labor market engagement index provides a summary description of the relative intensity of labor market engagement and human capital in a neighborhood. This is based upon the level of employment, labor force participation, and educational attainment in a census tract (i). Formally, the labor market index is a linear combination of three standardized vectors: unemployment rate (u), labor-force participation rate (l), and percent with a bachelor’s degree or higher (b), using the following formula:\n\nWhere means and standard errors are estimated over the national distribution. Also, the value for the standardized unemployment rate is multiplied by -1.\n\nInterpretation\n\nValues are percentile ranked nationally and range from 0 to 100. The higher the score, the higher the labor force participation and human capital in a neighborhood.\n\nData Source: American Community Survey, 2011-2015 Related AFFH-T Local Government, PHA and State Tables/Maps: Table 12; Map 9.\n\nTo learn more about the Labor Market Engagement Index visit: https://www.hud.gov/program_offices/fair_housing_equal_opp/affh; https://www.hud.gov/sites/dfiles/FHEO/documents/AFFH-T-Data-Documentation-AFFHT0006-July-2020.pdf, for questions about the spatial attribution of this dataset, please reach out to us at GISHelpdesk@hud.gov. Date of Coverage: 07/2020",
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