South Carolina gets a grade of "F"...keeping company with the likes of MS, LA, NM and WV.
Human Capital
No factor matters more to businesses than the quality and availability of
labor. Workers represent the largest single cost of doing business, but,
more importantly, they are the source of most innovation and process
improvements that distinguish successful firms from those that are
not successful. Because produced goods have a high degree of value
dependent on each individual worker in a production line or transportation
leg or hub, a uniformly high quality of workers is required. These workers
must possess the ability to understand increasingly complex production
processes that today are mostly managed by computers with specialized
software. The factories, rail yards, distribution facilities, and machine shops
of today are highly technical and complex, and they are dependent on
workers who can work successfully in this environment. Human capital
(especially education) is the most important factor in firm location
decisions. Our human capital measurements include rankings of educational
attainment at the high school and collegiate level, the first-year retention
rate of adults in community and technical colleges, the number of
associates degrees awarded annually on a per capita basis, and the share of
adults enrolled in adult basic education.
Sources: National Center for Educational Statistics and US Census Bureau.
https://mfgscorecard.cberdata.org/fi...tional2019.pdf
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