References: #The Huffington Post
S.C. on the list for states with the "Worst Economic Security"
According to the the Economic Security Index, a report put together by researchers at the Rockefeller Institute and Yale University, "One-fifth of all Americans saw at least a 25 percent drop in income year-over-year between 2008 and 2010 and were unable to make up for those losses"
The Economic Security Index (ESI) is an integrated measure of insecurity that shows how common large economic losses are within the U.S. population. Now, for the first time, it is possible to compare the ESI across the American states over the last generation.
These state-level measures of the ESI show that every state experienced record insecurity in the last decade. Moreover, all states experienced a substantial rise in insecurity between 1986 and 2010. In other words, insecurity rose substantially before the recent downturn.
In 2008, the number of South Carolina residents lost at least one-quarter of their income was 22.01%, that number went down slightly in 2009 at 21.57%.
Hop on over to The Huffington Post for a complete lst of the 10 States With The Worst Economic Security, where South Carolina come in at number 7. Not the worst but still in the top ten. And head over to ESI's website to play with their (depressing) interactive map.
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