360° Coverage : Ranking: States Where You Have The Best And Worst Chance Of...

2 Updates

Ranking: States Where You Have The Best And Worst Chance Of Achieving The American Dream

Mar 29 2014, 12:57pm CDT | by

A Massachusetts group named Opportunity Nation says it has come up with a way to measure which states provide greatest access to the American Dream. The Opportunity Index takes 16 economic...

Filed under: news

 
 
 

22 weeks ago

Ranking: States Where You Have The Best And Worst Chance Of Achieving The American Dream

Mar 29 2014, 12:57pm CDT | by

A Massachusetts group named Opportunity Nation says it has come up with a way to measure which states provide greatest access to the American Dream.

The Opportunity Index takes 16 economic indicators—among them traditional measures like the unemployment rate and nontraditional ones like the percentage of adults who volunteer—and mashes them together to create an opportunity score for each state.

“As a country, what we need to do is focus on opportunity,” Executive Director of Opportunity Nation Mark Edwards said at the Forbes Reinventing America Summit on Friday. “This is not about the quality of outcome—it’s about the quality of opportunity.”

Some employers are using the data to make decisions about where they want to invest, and state lawmakers in places like Iowa and Washington have begun using the index as a benchmark for their states.

Midwestern and rural states in the North tended to do best on the index, while southern states generally landed toward the bottom.

“One of the things we measure is social capital in communities — are people volunteering, are they part of civic organizations?” Edwards said. “All of those Midwestern states don’t have the lowest unemployment rates necessarily, but what they do have are deep investments in education and strong social capital measures, so they tend to do really well on the Opportunity Index.”

Many states dropped in the rankings because of stagnant unemployment for young people.

“We believe that this issue of youth unemployment has been missing from the broader opportunity conversation,” Edwards said. “It’s great that we’re pulling ourselves out of the recession, but the particular cohort of 16 to 24 year olds is not recovering. Their unemployment rates are vastly higher than every other demographic, and these are our future workers.”

Here is the ranking of states with the best and worst access to the American Dream:

1. Vermont
2. Minnesota
3. North Dakota
4. New Hampshire
5. Nebraska
6. Iowa
7. Massachusetts
8. New Jersey
9. South Dakota
10. Wisconsin
11. Maryland
12. Kansas
13. Connecticut
14. Maine
15. Virginia
16. Utah
17. Colorado
18. Wyoming
19. Alaska
20. New York
21. Washington
22. District of Columbia
23. Pennsylvania
24. Hawaii
25. Montana
26. Illinois
27. Delaware
28. Missouri
29. Rhode Island
30. Ohio
31. Idaho
32. Oregon
33. California
34. Indiana
35. Michigan
36. Oklahoma
37. North Carolina
38. Texas
39. Kentucky
40. Florida
41. Tennessee
42. South Carolina
43. Georgia
44. Arkansas
45. West Virginia
46. Arizona
47. Alabama
48. Louisiana
49. New Mexico
50. Mississippi
51. Nevada/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>/>

Source: Forbes Business

 
Update
2

4 days ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

5 days ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH370 and ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

No link between Ebola outbreaks in West Africa, DRC : WHO
Geneva, Sep 3 (IANS) The World Health Organisation Tuesday said the outbreak in Democratic Republic of Congo (DRC) is "a distinct and independent event", with no relationship to the epidemic in West Africa.
 
 
US CDC calls for global response against Ebola
Washington, Sep 3 (IANS/EFE) The head of US Centers for Disease Control and Prevention (CDC) Tuesday warned of the risk that the Ebola outbreak could get out of control without a greater worldwide response.
 
 
US doctor tests positive for Ebola in Liberia
Washington, Sep 3 (IANS) An American missionary doctor working in Liberia has tested positive for the Ebola virus, his organisation SIM USA announced Tuesday.
 
 
IS video shows beheading of second US journalist
Washington, Sep 2 (IANS) Days after the beheading of American photojournalist James Foley, Sunni militant group Islamic State (IS) has posted a video showing the beheading of another kidnapped American journalist Steven Sotloff, CNN reported.
 
 
 

Latest from the Network

Miltos Yerolemou joins 'Star Wars Episode VII' cast
Los Angeles, Sep 3 (IANS) Miltos Yerolemou, who was seen as swordsman Syrio Forel in TV show "Game of Thrones", joins the cast of "Star Wars Episode VII". Harrison Ford, Carrie Fisher and Mark Hamill return as Han...
Read more on Celebrity Balla
 
No link between Ebola outbreaks in West Africa, DRC : WHO
Geneva, Sep 3 (IANS) The World Health Organisation Tuesday said the outbreak in Democratic Republic of Congo (DRC) is "a distinct and independent event", with no relationship to the epidemic in West Africa. Based on...
Read more on Business Balla
 
US warplanes drop leaflets on Iraqi city
Baghdad, Sep 3 (IANS/EFE) US warplanes Tuesday dropped thousands of leaflets on the northern Iraqi city of Mosul, urging residents to keep clear of places occupied by the Islamic State (IS) extremist group that overran...
Read more on Politics Balla
 
US CDC calls for global response against Ebola
Washington, Sep 3 (IANS/EFE) The head of US Centers for Disease Control and Prevention (CDC) Tuesday warned of the risk that the Ebola outbreak could get out of control without a greater worldwide response. "This is...
Read more on Business Balla
 
Don't have a perfect body: Charlize Theron
Los Angeles, Sep 3 (IANS) Actress Charlize Theron says she doesn't have an ideal figure, but is happy with the way her body looks. The actress features on the cover of Modern Luxury's September 2014 issue and looks...
Read more on Celebrity Balla
 
Kate Hudson is 'basically married'
Kate Hudson says she and Matthew Bellamy are ''basically married.'' The 35-year-old actress, who has son Bingham, three, with the Muse frontman, 36, admits they're in no rush to plan to a wedding and she rarely wears...
Read more on Celebrity Balla
 
Cee Lo Green's reality show is axed
Cee Lo Green's reality TV series has been axed. TBS announced on Tuesday (09.02.14) that the 'Forget You' hitmaker's show, 'The Good Life,' which focused on his attempts to juggle his careers as a producer, recording...
Read more on Celebrity Balla
 
Chris Martin spends weekend with Gwyneth Paltrow
Chris Martin and Gwyneth Paltrow spent the weekend together in the Hamptons. The former couple, who announced they were ''consciously uncoupling'' in late March after 10 years of marriage, reunited at their home in the...
Read more on Celebrity Balla
 
Mali mine blast kills four UN peacekeepers
Bamako, Sep 3 (IANS) Four United Nations peacekeepers were killed and 15 others injured after their vehicle hit a landmine in Mali Tuesday, security sources said. The UN vehicle was hit by a landmine when the...
Read more on Politics Balla
 
Kate, Cara new faces of Burberry's latest fragrance
London, Sep 3 (IANS) Supermodels Kate Moss and Cara Delevingne have been roped in as the new faces of Burberry's latest fragrance. The models are pictured in the campaign for the label's latest scent My Burberry, shot...
Read more on Celebrity Balla