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Willisms

« Trivia Tidbit of the Day: Part 908 -- Anemic Job Creation. | WILLisms.com | Trivia Tidbit of the Day: Part 910 -- United States Will Soon Have Highest Corporate Tax Rate On The Planet »

Trivia Tidbit of the Day: Part 909 -- Texas' Creation Of More Private Sector Jobs Than All Other States Combined Continues.

The Texas Model-

Texanomics has looked at the latest rolling numbers of the past five years of job growth in the various states:

netprivatesectorjobcreation.gif

In other words, Texas has created more than twice the private-sector jobs of all other states combined over the past five years.

But the numbers are slightly skewed due to Hurricane Katrina, a little more than five years ago. Louisiana lost hundreds of thousands of jobs almost instantly, and quickly regained many recovery jobs in the months that followed. We're now in the "months that followed," five years later.

If you adjust for that turbulence, Texas has created more than 83% of all private-sector jobs in America over the past five years. That's more than 4 times the number of jobs of all other states combined:

adjustedforkatrina.gif

Look at the remainder of the states adding private-sector jobs. Utah. Oklahoma. Wyoming. South Dakota. Nebraska. They're not all just oil and gas jobs. They're almost all in some of the nation's most conservative red states, though. When people say Texas is the model for America's recovery, that's true. And you can lump in a handful of other states with similar economic structures (no income tax, fair and predictable regulatory environments, etc.).

-------------------------------------

Previous Trivia Tidbit: Anemic Job Creation.

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Posted by Will Franklin · 14 December 2010 04:07 PM

Comments

Terrific work! This is the type of information that should be shared around the web. Shame on the search engines for not positioning this post higher!

Posted by: college grants at December 22, 2010 01:23 PM