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Trivia Tidbit of the Day: Part 733 -- Texas #1 In Private Sector Job Creation.

A Lost Decade, Not Lost For Texas-

Many economists are calling the 2000s a "lost decade" for America's prosperity, because many of the gains made from 2002-2006 in terms of GDP and jobs were lost between 2007 and 2009, after the Democrats took back Congress.

Texas was hard hit by the national (and, really, global) recession as well, but even with that hit, Texas was one of the few states that did not have a "lost" decade (.pdf):

Some tidbits for your digestion:

*Texas created more private sector jobs than any other state in the nation over the last 10 years and has the lowest unemployment rate among the 10 largest states in the nation.

*Texas created 724,300 more net private sector jobs as compared to December 1999, the largest private sector job gain nationwide over the last decade.

*Among the 10 largest states as ranked by civilian labor force size, Texas was well ahead of all other large states in private sector job growth with a percentage net gain of 9.30 percent as compared to December 1999.

*Florida was the only other large state to realize a net gain in private sector employment over the same period with 259,500 net jobs gained for a percentage net gain of 4.31 percent from December 1999 to December 2009. The other 8 large states showed a net loss of private sector jobs over the same period.

*Nationally, over the last decade, the private sector experienced a net employment loss of 1.408 percent or 1,549,000 jobs lost.

Don't mess with the Texas economy. Re-elect Governor Rick Perry. You can make your endorsement official here.

Previous Trivia Tidbit: State Government Debt In Texas.

Posted by Will Franklin · 27 January 2010 08:54 AM

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