The overall objective of this study was to assess the short-term economic advantages that accrue to young people as a result of vocational training. Using the High School and Beyond data base, specifically--sophomore cohort data--a study created 21 tables that show (1) relationships between the primary variables of race, gender, and socioeconomic status and level of participation in vocational education or the selection of a vocational education specialty; (2) whether the primary variables affect the amount and kind of post-high school vocational training and credentialling; and (3) whether there were similar relationships with labor market outcomes. Some of the findings of the study were that race/ethnicity did not appear to be a major factor in level of participation or in selection into the vocational specialties; however, race/ethnicity was associated with the kinds of certificates and licenses earned after high school. Race/ethnicity was related to wages in an unexpected way--Hispanics held the highest hourly wage rates. Gender was a major factor in the level of participation in vocational education in the high school and in the selection of vocational specialty. Women worked fewer hours and received lower rates of pay than men. Students from lower socioeconomic levels were more likely to follow a vocational curriculum. The research was not considered complete but could be used as raw data for further study of the correlations. (Two tables are appended to this report.) (KC)