New York State – land of the worker bees
New research has revealed the most productive states, with New York coming out on top.
A study by business experts Upflip analyzed the newest labor productivity data from the U.S. Bureau of Labor Statistics to see which states added the most value to the economy for every hour worked.
It found that New York is the most productive state statistically, with a value-added per hour worked of $120.67. The state saw 14,296,359,000 hours worked in 2022 and a value-added output of $1,725,176,181,000.
The state of Washington takes second place with 5,502,872,000 hours worked in 2022 and a value-added output of $589,474,184,000, equating to around $107.12 added per hour worked.
Third is Delaware, which had 691,655,000 hours worked in 2022 and a value-added output of $71,992,738,000. Calculating these two together results in a value of $104.09 for every hour worked in the state.
California is fourth on the list. The state actually has the highest hours worked in the top 10 with 28,667,560,000 and the highest value-added output with $2,946,631,780,000. However, putting these two numbers together only brings out a value-added per hour worked of $102.79.
Connecticut rounds out the top five, with $101.40 added per hour worked. This is due to 2,663,494,000 hours worked in 2022 with a value-added output of $270,067,808,000.
Massachusetts, Alaska, New Jersey, Illinois and North Dakota complete the top 10.
Commenting on the findings, an Upflip spokesperson said: “While it can be fairly easy to work out which states are adding the most value to the economy, measuring this against the hours worked is where it gets interesting, with many potential surprises featuring in this top 10 from all corners of the country. When it comes to the value-added per hour worked statistic, the U.S. average sits at $79.48, with around half of all 50 states sitting below this, showing that many states are providing well for the economy, regardless of size and population.”
And some states are not.