CNBC's tenth annual study once again puts all 50 states to the test, measuring them on more than 60 different metrics in ten key categories of competitiveness.

34. New Jersey

Published Tue, Jul 12 20164:36 PM EDTUpdated Mon, Jun 12 20171:44 PM EDT

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Source: George Kavallines

Category	Score	2016 Rank	2015 Rank
Workforce	236	16 (Tie)	5
Cost of Doing Business	114	42	43
Infrastructure	125	44 (Tie)	48
Economy	152	36	40
Quality of Life	198	19	13 (Tie)
Technology & Innovation	148	17 (Tie)	18
Education	134	6	5
Business Friendliness	31	44	47
Cost of Living	15	41	45
Access to Capital	46	5	8 (Tie)
Overall	1199	34	39

Economic Profile

Governor: Chris Christie, Republican

Population: 8,958,013

GDP growth: 1.8 percent

Unemployment rate (May 2016): 4.9 percent

Top corporate tax rate: 9 percent

Top individual income tax rate: 8.97

Gasoline tax: 32.90 cents/gallon

Bond rating/outlook: A2, negative

Major private employers: Wakefern Food Corporation, Johnson & Johnson

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, S&P Global Market Intelligence