“Brain Drain” affecting Mississippi’s economic growth

MERIDIAN, Miss. (WTOK) – Mind drain is one thing that’s having a destructive impact right here in Mississippi, and economists are attempting to determine find out how to repair it.

Mind drain is one thing many individuals have mentioned over the previous a number of years, however what’s mind drain, effectively it’s the lack of educated {and professional} folks to different states, and it’s having a significant affect right here within the Magnolia State.

“Properly, by way of the general economic system, it slows down our financial development as a result of numerous instances school graduates are in. Industries which might be experiencing financial development they add to productiveness. They’re a few of our extra productive. People within the economic system, and so it simply sort of tends to have a slowdown impact on our economic system,” stated College Analysis Heart State Economist, Corey Miller.

The state of Mississippi already has the second lowest inhabitants of individuals with a bachelor’s diploma so dropping the small numbers we have already got doesn’t bode effectively for the way forward for the state, however what’s the key to fixing the issue?

“And I feel it’s again to these. How will we get these corporations to arrange an area the place then they will appeal to extra corporations, proper? Doing the identical sort of factor and constructing some sort of community right here within the state. And what’s that community? What does it appear to be? I feel there are such a lot of folks making an attempt to determine that out proper. What’s the very best community to attempt to have you ever in Mississippi? Who can we appeal to? What sort of skills do our folks have which might be going to be particularly helpful to any sort of sure trade?” stated College Analysis Heart Senior Economist, Sondra Collins.

Mind drain doesn’t solely have an effect on Mississippi, however one factor that the state actually lacks is a thriving huge metropolis.

“Our urbanization in Mississippi. We have now numerous rural communities in Mississippi. We don’t actually have a thriving city space, so I feel that’s an absence of. And it’s a little bit of a rooster and egg drawback, to be trustworthy, no what which one results in the opposite, however an absence of college-educated residents and bigger extra thriving city areas. Form of goes hand in hand,” stated Miller.

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