Rhode Island had a net migration out of the state every year since 2005 through 2017. After a brief reprieve, the trend is expected to continue in the future. The state has the lowest rate of new entrepreneurs in the country. Rhode Island had been stuck in the bottom ten overall of Forbes Best States for Business for 14 straight years, but has been moving up in recent years thanks to improved scores for its labor supply and economic outlook. Another plus: a high percentage of millennials relative to other New England states who can act as cheap, trainable labor.
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