Abstract: Using panel data of 31 provinces from 2014 to 2023, this study empirically examines the impact of education funding on the employment rate of high-skill labor and its regional heterogeneity through a two-way fixed-effects model. The findings reveal that education funding significantly promotes the employment rate of high-skilled labor, a conclusion that remains robust after a series of tests including variable lagging, removal of municipalities, winsorization, and substitution of the explained variable. Heterogeneity analysis further indicates that the promoting effect of education funding is most pronounced in the eastern region, relatively weaker in the central and western regions, presenting a distinct "strong east, weak west" pattern. This suggests that the efficacy of education funding is constrained by systemic factors such as regional economic foundations, industrial structures, and innovation ecosystems. To enhance the supportive role of education investment in cultivating high-skill labor, it is essential to establish an institutionalized talent training system, optimize the structure of education investment, and implement differentiated regional policies.