Utah ranked as the best state for economic mobility, report claims

(The Center Square) – Utah is the best state for social mobility, while Louisiana is the worst, a report from the Archbridge Institute released this week claims.

The report, “Social Mobility in the 50 States,” defines “social mobility” as “the opportunity to better oneself and those around them in hope of living the American Dream,” according to the Institute.

It ranked the states based on “entrepreneurship and growth; institutions and rule of law; education and skills development; and social capital,” a release said.

In the rankings, Utah performed well in business dynamism (second), parental engagement and stability (third), and charity (sixth). However, it got below-average marks for regulation (27th), predatory state action (27th), and education quality and freedom (29th).

“In ranking Utah first in its index, Archbridge recognizes the state for its business dynamism, parent engagement and stability, and charity, among other factors,” the release said. “States like Louisiana, on the other hand, perform poorly due to taxes, regulations, and other policy measures in need of reform. The Pelican State scores in the bottom 10 for nearly all of the areas measured by Archbridge, ranking last for ‘Institutions and Rule of Law’ and ‘Education and Skills Development.'”

- Advertisement -

Gonzalo Schwarz, president and CEO of the Archbridge Institute, said states can analyze the report and understand how to help improve social mobility in their respective states.

“The first step toward reform is recognition of where we are today, and Archbridge’s new report will help policymakers — at all levels of government — understand social mobility like never before,” Schwarz said. “Defining social mobility based on four key pillars, our research team has spent many months analyzing all 50 U.S. states, identifying opportunities for growth in the best- and worst-performing states.”

Schwarz and Archbridge research fellow Justin T. Callais, PhD, authored the report.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Wisconsin governor starts Office of Violence Prevention with $10M in federal funds

(The Center Square) – Wisconsin Gov. Tony Evers signed...

Bill would toughen penalties for unlawful firearm possession

(The Center Square) – A Washington state Republican lawmaker...

Ohio files $17M lawsuit against former mine company over sinkholes

(The Center Square) – Ohio Attorney General Dave Yost...

Hochul pitches $1B tax cut as part of reelection agenda

(The Center Square) — Gov. Kathy Hochul is pledging...

Louisiana parishes seek revenue from carbon storage projects

(The Center Square) − Louisiana lawmakers are grappling with...

Ex-speaker discusses ‘bandits’ comment, ‘knife into Cullerton’

(The Center Square) – Assistant U.S. Attorney Amar Bhachu...

Colorado firefighters help battle LA wildfires

(The Center Square) – Colorado has sent nine “strike...

California retail crime ringleader sentenced to over five years for $8M scheme

(The Center Square) – California Attorney General Rob Bonta...

More like this
Related

Wisconsin governor starts Office of Violence Prevention with $10M in federal funds

(The Center Square) – Wisconsin Gov. Tony Evers signed...

Bill would toughen penalties for unlawful firearm possession

(The Center Square) – A Washington state Republican lawmaker...

Ohio files $17M lawsuit against former mine company over sinkholes

(The Center Square) – Ohio Attorney General Dave Yost...

Hochul pitches $1B tax cut as part of reelection agenda

(The Center Square) — Gov. Kathy Hochul is pledging...