CNBC gives Massachusetts an overall eighth-place ranking on its Top States 2018 list, awarding it first place for workforce, first for education, and second for technology and innovation. Business Insider has also noticed the Bay State, placing it third overall.
Massachusetts gets a lot of attention for its business environment. A major factor is its outstanding educational system. Of all fifty US states, Massachusetts has the highest educational attainment for adults age 25 and up, giving the state a large skilled workforce. The state’s focus on education may also help fuel its wealth. Massachusetts’ per-capita GDP and average weekly earnings were higher than those of most other states.
With a notable natural environment, a high percentage of residents with health insurance, and many other strengths, Massachusetts has a high quality of life all around, which means greater overall happiness for the workforce.
Massachusetts is a delightful place to work, and it’s even better if you’re running a business that’s right for you. Talk to a FranNet consultant and learn which business will help you reach your goals in the Bay State.