Poor management reportedly hurts the Magnolia state

A new report condemns Mississippi as one of the worst managed states in the country. The Magnolia state was ranked number 48 of 50. The report considered 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 and the Bureau of Labor Statistics. Mississippi has the ninth highest unemployment rate at 5.9 percent, the lowest median household income at less than 40- thousand dollars and the highest poverty rate at 21.5 percent. The report also showed a population decrease from 2010 to 2014 as the state’s workforce shrank by 5.4 percent. The worst run state nationwide was New Mexico while the best was North Dakota.


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