WHEELING, WV (WTRF) – West-Virginian has landed again at the bottom of another economic list.
This time the state is in 50th place as the poorest state in the United States.
The research by 24/7 Wall Street based his low findings for the Bergstaat on the median family income.
West Virginia is also among the worst of a number of other important socio-economic indicators, such as unemployment rates, poverty rates and percentages of families earning less than $ 10,000.
Dr. Wilfird Csaplar Jr. said that a lot of things can be done to solve this problem.
"Improving education, fewer government regulations, and diversifying. We have too much money in just a few industries," says Bethany College Economics Professor, Dr. Wilfrid Csaplar Jr.
He said the state focuses on three major industries, coal, fracking and health care.
"Healthcare is not a growth sector, but Fracking is now temporary, but in ten years' time the problem will start to get started." Csaplar. "Coal gets problems because fracking makes it so outdated."
Dr. Csaplar said that West Virginia does not have a well-trained workforce. And with one, it is more difficult to earn more money.
"One thing that can help is to help with trade schools, not everyone is going to study. Going to school is a good idea," said Dr. Csaplar. "I think more West Virginia should go to university, but trade schools are also well-paid jobs."
West Virginia has a population of more than 1.8 million people.
The state has a poverty rate of 19.1%.