Study Reveals the 5 Least Productive U.S. States Based on Labor and Economic Metrics
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The US has experienced declining labor productivity growth since 2005, with some states lagging far behind others in productivity.
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Least productive states face challenges like insufficient labor supply, low labor participation rates, reliance on low-wage jobs, and vulnerable economies.
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The 20 least productive states include Texas, Oklahoma, North Carolina, South Carolina, Michigan, and others based on low labor productivity and per capita GDP.
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Key factors driving lower productivity in these states include tight labor markets, aging populations, economic over-reliance on certain sectors, and effects of the pandemic.
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The 5 least productive states according to the metrics used are Wyoming, Rhode Island, Indiana, Missouri, and Arkansas.