The ranking is based on thousands of aggregated data points, such as a country's rate of formal job creation, education levels, and welfare provision.
Osborne's hope is that allowing councils to compete over the level of the business rate will lead to job creation and higher levels of output.
Wouldn't it make sense to mandate job creation when corporate cash levels reach a certain level?
Since Friday's report, however, worries have returned that slow levels of job creation will keep unemployment at elevated levels.
In most OECD countries, labour markets remain deeply affected by the global financial crisis with weak aggregate demand, insufficient job creation and persistent high levels of unemployment.
The next graph shows no substantial link between tax cuts for the top 10 percent and the pace of job creation at the state level.
March's rise in job creation was half the level of the past six months, when there was an average monthly decline of 196,000.
For the country at large, the passage of this bill is all about job creation, and on that level, is being celebrated.
AT&T CEO Randall Stephenson said earlier this month that corporate tax cuts "drive investment and job creation". At the state level, the NYU economists say that's not true.
