10 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...

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17 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
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat was told to ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broke ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the Dewan Rakyat tod ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri Hishammuddin Husse ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 million in comp ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustapa Moham ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year inv ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Sc ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Daman ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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