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

 
 
 

21 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 hours 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) a ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

1 day 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 MH17" hits ho ...
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

Modi leaves for Japan
New Delhi, Aug 30 (IANS) Prime Minister Narendra Modi left for Japan Saturday morning on his first bilateral visit outside the Indian subcontinent.
 
 
Modi embarks on Japan visit
New Delhi, Aug 30 (IANS) Prime Minister Narendra Modi left for Japan Saturday morning on his maiden bilateral visit outside the Indian subcontinent.
 
 
Modi government selling off Indian assets: Mamata
Kolkata, Aug 30 (IANS) Accusing the Narendra Modi led BJP government of selling out the country's assets by embracing FDI across sectors, West Bengal Chief Minister Mamata Banerjee Friday warned that such policies would put Indian economy in grave crisis.
 
 
13 die of Ebola in DRC
Kinshasa, Aug 29 (IANS) A total of 13 people, including five doctors, died of Ebola virus disease in the Democratic Republic of Congo (DRC), the country's Minister of Public Health Felix Kabange told Xinhua Friday.
 
 
 

Latest from the Network

Fugitive Colombian warlord nabbed in Panama
Bogota, Aug 30 (IANS/EFE) A former rightist militia chief convicted in absentia for his role in massacres has been arrested in Panama, Colombian police said Friday. Colombian police informed Panamanian counterparts...
Read more on Politics Balla
 
Brazil's Gremio bans five fans over racist abuse
Rio De Janneiro, Aug 30 (IANS) Brazilian club Gremio have banned its five fans from attending home matches after they were found to be involved in racially abusing a player. Santos goalkeeper Aranha was racially...
Read more on Sport Balla
 
44 detained UN peacekeepers safe: UN
United Nations, Aug 30 (IANS) The 44 UN peacekeepers detained Thursday by militants in the Golan Heights are "safe and in good health", a UN spokesman said late Friday. "The United Nations has received assurances from...
Read more on Politics Balla
 
Jessica Chastain demands a female superhero movie
Los Angeles, Aug 30 (IANS) Actress Jessica Chastain demands a female superhero movie, which should have Scarlett Johansson in the lead role. The acclaimed actress, who starred in the 2013 horror film "Mama", says...
Read more on Celebrity Balla
 
Putin, Poroshenko agree on aid delivery to Ukraine by railway
Moscow, Aug 30 (IANS) Russian President Vladimir Putin said Friday he has agreed with Ukrainian President Petro Poroshenko on the proposal of delivering humanitarian assistance to southeastern Ukraine by train. "We...
Read more on Politics Balla
 
Militants take hostate 44 peacekeepers in Golan
United Nations, Aug 30 (IANS) At least 44 peacekeepers have been taken hostage by the militnts in the Golan Heights, a UN spokesperson said Friday. "The United Nations Department of Peacekeeping Operations (DPKO)...
Read more on Politics Balla
 
Seacrest hopes to have 'great marriage' like parents
London, Aug 30 (IANS) Anchor-producer Ryan Seacrest, who is dating Shayna Taylor, says he would like to have a fantastic marriage just like his parents. The 39-year-old admires his parents - Connie and Gary - and...
Read more on Celebrity Balla
 
Moscow threatens to retaliate against Poland
Moscow, Aug 30 (IANS) Moscow Friday threatened to take retaliatory measures against Poland, after its authorities refused permission to a plane carrying Russian Defence Minister Sergei Shoigu to enter its airspace....
Read more on Politics Balla
 
Over three million flee Syria since 2011: UN
Geneva, Aug 30 (IANS/EFE) The number of Syrians forced to flee their country as a result of the civil war that began in 2011 topped three million Friday, UN refugee agency said. Journey out of Syria is becoming...
Read more on Politics Balla
 
Madonna slams Gaga in leaked song
London, Aug 30 (IANS) Pop star Madonna has reportedly called Lady Gaga a "copycat" in the lyrics of her leaked track "Two Steps Behind Me". The 56-year-old wrote the song about the "Pokerface" hitmaker in which she...
Read more on Celebrity Balla