College Education

State Job Creation Strategies for 2011

The fundamental challenge in this recession is that the growth that preceded it was a mirage. Bubble era borrowing created a network of financial jobs, real estate jobs and construction jobs that collapsed with the end of the bubble. Many of those jobs will never return.

An extremely high proportion (75%) of job losses in this recession are permanent rather than temporary. States will need to nurture completely new industry sectors and the infrastructure to support those jobs, while the jobless will need retraining in new skills to participate in those sectors.

Report: Dropout Rates Across the States

As President Obama mentioned earlier this year, the United States has "one of the highest high-school dropout rates out of any industrialized nation."  Currently only about 7 out of 10 public school students graduate high-school with a diploma.