The 10 Worst U.S. State Economies
AlterNet has compiled a list of the 10 worst U.S. state economies by measures of unemployment, time out of work, per capita income, median net worth, poverty, access to health insurance and foreclosure. (more)
AlterNet has compiled a list of the 10 worst U.S. state economies by measures of unemployment, time out of work, per capita income, median net worth, poverty, access to health insurance and foreclosure. Mississippi tops the list. The others are Nevada, West Virginia, California, Alabama, Florida, South Carolina, Michigan, Georgia and Kentucky. Tennessee, North Carolina and Arizona just missed making the list. –ARK
Wait, before you go…AlterNet:
1. Mississippi
Mississippi didn’t make the top spot because of how it’s done since the crash – it’s always been a relatively poor state. It gets top billing because while they were the fifth richest Americans prior to the Civil War, Mississippians are now the poorest people in the United States, ranking last in average incomes and household net worth and leading the nation in poverty.
Unemployment rate: 10.4 percent (Nationwide: 9.1 percent)
Share of unemployed out of work for more than 27 weeks: 43.9 percent (Nationwide: 44.4 percent)
Per capita income: $29,345 (Nationwide: $42,449)
Median household net worth, as a percentage of national average: 40 percent
Poverty rate (2008): 21.2 (Nationwide: 9.7 percent)
Share of the population without health insurance (2008-2009): 18 percent (Nationwide: 17 percent)
Foreclosure rate: 3.0 percent (Nationwide: 4.3 percent)
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.
Support Truthdig
There are currently no responses to this article.
Be the first to respond.