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

1 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

 
 
 

30 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
1

8 weeks 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 (NewCo) and slashing the workforce of 20,000 by 30 per cen ...
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

WHO welcomes approval of Ebola vaccine trial in Switzerland
Geneva, Oct 28 (IANS) The World Health Organisation (WHO) Tuesday welcomed the approval of a Swiss regulatory authority for a trial with an experimental Ebola vaccine at the Lausanne University Hospital.
 
 
Salt-degraded farm soil now equals the size of France
Toronto, Oct 28 (IANS) Every day for more than 20 years, an average of 2,000 hectares of irrigated land in arid and semi-arid areas across 75 countries, including in India, has been degraded by salt, a research has found.
 
 
Radiation exposure ups aggressive thyroid cancer risk
New York, Oct 28 (IANS) Nuclear power plant accidents could be devastating and researchers have now found that exposure to radioactive iodine is associated with more aggressive forms of thyroid cancer.
 
 
French medical personnel who treated Ebola victim free of virus
Paris, Oct 28 (IANS/EFE) Dozens of medical personnel who took care of a French nurse while she was being treated for the Ebola virus disease have finished their observation period and are free of the virus, French health officials said Tuesday.
 
 
 

Latest from the Network

Benedict Cumberbatch: Sherlock can't have sex
Benedict Cumberbatch says Sherlock Holmes doesn't have sex - because he's more interested in crime. The 38-year-old British actor was catapulted to global fame playing a modern version of the fictional detective in the...
Read more on Celebrity Balla
 
Melissa McCarthy was robbed at gunpoint
Melissa McCarthy was robbed at gunpoint when she moved to California. The 'Bridesmaids' actress was working at a dry cleaners on a quiet street in Santa Monica when she first moved to Hollywood to pursue a movie career...
Read more on Celebrity Balla
 
Russell Brand: I wish I was bisexual
Russell Brand wishes he was bisexual. The 39-year-old comedian - who was married to Katy Perry for 14 months until December 2011 - has confirmed he is single at the moment but is keen to experiment more with his...
Read more on Celebrity Balla
 
Woman saves Indian from Bangladeshis' captivity in Baharin
Manama, Oct 28 (IANS) An Indian, allegedly tortured and held hostage in Bahrain by five Bangladeshis for a paltry BHD800 ransom (about $2,000), was rescued with the help of his co-worker, an Indonesian woman, in an...
Read more on Politics Balla
 
Billiards: Bhaskar shocks Gilchrist, joins Advani in semis
Leeds, Oct 28 (IANS) For long the bridesmaid in Indian billiards, Balachandra Bhaskar, the 43-year-old from Bangalore, authored a big upset when he knocked out defending champion Peter Gilchrist 797-586 to enter the...
Read more on Sport Balla
 
WHO welcomes approval of Ebola vaccine trial in Switzerland
Geneva, Oct 28 (IANS) The World Health Organisation (WHO) Tuesday welcomed the approval of a Swiss regulatory authority for a trial with an experimental Ebola vaccine at the Lausanne University Hospital. According to...
Read more on Business Balla
 
Indian in US gets 15 years in jail for backing Hezbollah
New York, Oct 28 (IANS) An Indian citizen residing illegally in the US has been sentenced to 15 years in prison for allegedly trying to provide material support to Hezbollah, a designated foreign terrorist...
Read more on Politics Balla
 
Another body recovered from sunken South Korean ferry
Seoul, Oct 28 (IANS/EFE) South Korean rescue teams Tuesday recovered one of the 10 bodies still missing from the Sewol ferry which sunk off the country's southwest coast April 16 this year leaving 304 people dead, most...
Read more on Politics Balla
 
Iraqi Kurdish force moves to help fight IS militants in Kobane
Baghdad, Oct 28 (IANS) A group of Iraqi Kurdish fighters, known as Peshmerga, headed Tuesday to the Syrian border town of Kobane via Turkey to help local Kurdish people who have been struggling to fend off attacks by...
Read more on Politics Balla
 
Al Qaeda affiliate seizes seven villages in Syria
Beirut, Oct 28 (IANS/EFE) The Nusra Front, Al Qaeda's affiliate in Syria, has seized seven villages in the northern Syrian province of Idlib over the past few hours, the Syrian Observatory for Human Rights reported...
Read more on Politics Balla