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Labor Market Engagement Index

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<p style='margin:12pt 0in 0pt; padding:0px; text-align:center;'><font size='5'>LABOR MARKET ENGAGEMENT INDEX</font></p><p style='margin:6pt 0in 0pt; padding:0px; color:rgb(77, 77, 77);'><i><b><font size='3'>Summary</font></b></i></p> <p style='margin:6pt 0in 0pt; padding:0px; color:rgb(77, 77, 77);'><font size='3'>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 (<i>i</i>). Formally, the labor market index is a linear combination of three standardized vectors: unemployment rate (<i>u</i>), labor-force participation rate (<i>l</i>), and percent with a bachelor’s degree or higher (<i>b</i>), using the following formula:</font></p><p style='margin:6pt 0in 0pt; padding:0px; color:rgb(77, 77, 77);'><font size='3'><br /></font></p> <p style='margin:6pt 0in 0pt; padding:0px; text-align:center; color:rgb(77, 77, 77); font-size:14px;'><img alt='formula' src='https://hud.maps.arcgis.com/sharing/rest/content/items/0794ca91f25c479993e74267fad2ee2e/data' /><br /></p> <p style='padding:0px; color:rgb(77, 77, 77); margin-top:12pt;'><font size='3'><br /></font></p><p style='padding:0px; color:rgb(77, 77, 77); margin-top:12pt;'><font size='3'>Where means </font><img alt='lbm_means' src='https://hud.maps.arcgis.com/sharing/rest/content/items/ad52c0e71f4e40e48215db9d51dda857/data' /><font size='3'> <span>and standard errors</span> </font><img alt='lbm_errors' src='https://hud.maps.arcgis.com/sharing/rest/content/items/17f450e1c44a4d51aa9edd129334df30/data' /><font size='3'><span> </span><span>are estimated over the national distribution. Also, the value for the standardized unemployment rate is multiplied by -1.</span></font><br /></p><p style='padding:0px; color:rgb(77, 77, 77); margin-top:12pt;'><font size='3'><span><br /></span></font></p> <p style='margin:6pt 0in 0pt; padding:0px; color:rgb(77, 77, 77);'><i><b><font size='3'>Interpretation</font></b></i></p> <p style='margin:6pt 0in 0pt; padding:0px; color:rgb(77, 77, 77);'><font size='3'>Values 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.</font></p> <p style='margin:12pt 0in 0pt; padding:0px; color:rgb(77, 77, 77);'><font size='3'><u><br /></u></font></p><p style='margin:12pt 0in 0pt; padding:0px; color:rgb(77, 77, 77);'><br /></p><div><span><p style='font-family:&quot;Times New Roman&quot;, serif; font-size:11pt;'></p></span></div> <p style='background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial;'><font color='#4d4d4d' face='Arial, sans-serif'><span style='font-size:16px;'><u>Data Source</u>: American Community Survey, 2011-2015<br /></span></font><span style='font-size:16px; color:rgb(77, 77, 77); font-family:Arial, sans-serif;'>Related AFFH-T Local Government, PHA and State Tables/Maps: Table 12; Map 9.</span></p> <div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'>To learn more about the Labor Market Engagement Index visit: </div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><a href='https://www.hud.gov/program_offices/fair_housing_equal_opp/affh' style='color:rgb(0, 97, 155); text-decoration-line:none; font-family:inherit;' target='_blank' rel='nofollow ugc noopener noreferrer'>https://www.hud.gov/program_offices/fair_housing_equal_opp/affh</a> ; <a href='https://www.hud.gov/sites/dfiles/FHEO/documents/AFFH-T-Data-Documentation-AFFHT0006-July-2020.pdf' style='color:rgb(0, 97, 155); text-decoration-line:none; font-family:inherit;' target='_blank' rel='nofollow ugc noopener noreferrer'>https://www.hud.gov/sites/dfiles/FHEO/documents/AFFH-T-Data-Documentation-AFFHT0006-July-2020.pdf</a>, for questions about the spatial attribution of this dataset, please reach out to us at <a href='mailto:GISHelpdesk@hud.gov' style='color:rgb(0, 97, 155); text-decoration-line:none;' target='_blank' rel='nofollow ugc noopener noreferrer'><b>GISHelpdesk@hud.gov</b></a>. </div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><font size='3' style='font-family:&quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif;'><br /></font></div><div style='font-family:&quot;Avenir Next W01&quot;, &quot;Avenir Next W00&quot;, &quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, sans-serif; font-size:16px;'><font size='3' style='font-family:&quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif;'>Date of Coverage: </font><b>07/2020</b><font size='3' style='font-family:&quot;Avenir Next&quot;, Avenir, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif;'> </font><br /></div>
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