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Thursday, November 21, 2019
These are the best and worst states for Millennials
These are the best and worst states for MillennialsThese are the best and worst states for MillennialsWith millennials being the largest generation in the U.S. workforce today, some places are better places for them to flock to than others. WalletHub did a report on the Best Worst States for Millennials, based on 36 key factors, including the share of millennials in each state, average monthly earnings, Millennial unemployment satz, cost of living, home ownership, average Starbucks latte price, education and health factors, and more.The winner? Massachusetts.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreSome facts about the top 10 states for MillennialsMassachusetts excelled at high earnings for Millennials and the availability of entry-level jobs. Its weakness includes low homeownership at arateof 19.2%. (The highest Millennial homeownership rate is Delaware, at 50.5%).The District of Colum bia has the highest percentage of Millennials at 34.6%, and California isnt too far behind it. (The state with the lowest share of Millennials is Maine, with 20%).The District of Columbia, at 2, has the highestaverage monthly earnings for millennials, $5,253. Thats 2.1 times higher than in Mississippi, the lowest at $2,514.Iowa, 7 on the list, has the lowest housing costs for Millennials, and the state also has among the lowest Millennial unemployment rate. Other states that are the best for Millennials also have the highest housing costs, such as Massachusetts and California.Best states for Millennials1. Massachusetts2. District of Columbia3. Washington4. Minnesota5. Wisconsin6. Colorado7. Iowa8. Utah9. Pennsylvania10. CaliforniaAs for the worst places for Millennials, mostly Southern states populate the list. Although West Virginia, which is dead last on the list, has the lowest housing costs for Millennials, it still doesnt seem to be a draw they also have among the lowest perce ntage of Millennials in any state, perhaps because of the third-highest unemployment rate. Alabama, New Mexico, and Mississippi, also on the worst-of list, also have among the highest Millennial unemployment rates.Worst States for Millennials42. Alabama43. South Carolina44. Kentucky45. Nevada46. Arkansas47. Louisiana48. Oklahoma49. Mississippi50. New Mexico51. West VirginiaYou might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people
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