Refers to changes in an individual’s or family’s economic position over time, most commonly measured through income, earnings, or wealth. The term is used in several related ways across research, policy, and practice.
- Earnings growth and financial stability (common applied use): Often refers to an individual’s ability to increase earnings, improve financial stability, and move into a more secure and sustainable economic position. This is the most common usage in higher education, workforce development, and credentialing discussions.
- Return on investment (ROI) and time to sustainable wages (emerging use): Increasingly defined in terms of how quickly education or training leads to improved economic outcomes. Metrics commonly used: the speed at which a learner can earn back the cost of a program; and time to employment, wage gains, and attainment of sustainable or family-supporting wages. This framing is gaining traction in discussions of short-term credentials, workforce programs, and skills-based pathways.
- Changes over a lifetime: Describes how a person’s economic situation improves (or declines) over the course of their working life; e.g., moving from lower-wage to higher-wage work over time.
- Changes across generations: May refer to how a person’s economic position compares to that of their parents or family of origin; e.g., individual earning more than the household born into.
- What “moving up” means (how improvement is measured): Economic mobility can also be understood in terms of whether people are better off than before (e.g., compared to their parents or earlier in their lives) — sometimes called absolute mobility; or whether people are moving up compared to others in the economy (e.g., from lower-income groups into higher-income groups — sometimes called relative mobility.
The meaning of economic mobility is shifting in practice. In traditional research, mobility has often been measured over long time horizons, such as across a career or across generations. Increasingly, mobility is being evaluated based on shorter-term outcomes, including speed to employment, time to wage gains, and return on investment (ROI) for education and training.
In a lifelong learning environment (sometimes described as a 100-year lifespan), economic mobility is no longer a one-time outcome but a repeated, cumulative process. Individuals may move in and out of learning and work multiple times, making mobility something that must be supported continuously rather than achieved once.
See: Social Mobility | Learn & Work Ecosystem Library
See: Internal Mobility | Learn & Work Ecosystem Library
See: Learning Mobility / Learner Mobility | Learn & Work Ecosystem Library