Report: Mississippi and Alabama among worst-run states in nation
JACKSON, Miss. (WTVA) -- A new report says Mississippi is one of the worst-run states in America.
24/7 Wall St. puts the Magnolia state at No. 48 on its "The Best and Worst Run States in America: A Survey of All 50" list.
To determine how well each state is managed, 24/7 Wall St. says it looked at key financial ratios and social and economic outcomes through information collected by the U.S. Census Bureau, The Pew Research Center, The National Association of State Budget Officers, the FBI, the Bureau of Labor Statistics and more.
According to 24/7 Wall St.'s research, Mississippi has the ninth highest unemployment rate at 5.9 percent, the lowest median household income at $39,680 and the highest poverty rate at 21.5 percent.
It also says the population shrank from 2010 to 2014 as the state's workforce shrank by 5.4 percent.
Alabama was not far ahead, coming in at No. 46.
The worst-run state nationwide was New Mexico. The best was North Dakota.
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