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Business & Economics PUBLICATIONS |
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Educated Legislators, Bad Economy
Submitted by Alison Meyer on 7.6.2011
California has the most educated legislators, according to a recent Chronicle of Higher Education study. Those stellar academic credentials, unfortunately, have not lifted the state from its economic malaise.
California’s unemployment rate, as of May, is nearly 12 percent, higher than every state in the bottom five of the study. Even when averaged together, the top 15 educated states have an unemployment rate of 8.9 percent compared to the least educated which has an average unemployment rate of 8.1 percent.
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