AUSTIN – Today, the U.S. Bureau of Labor Statistics released state-level labor market information for July 2017. The Texas Public Policy Foundation’s economist Dr. Vance Ginn issued the following statement:
“July was another strong month of job creation in the Lone Star State. With 19,600 net nonfarm jobs created in Texas last month, the total of 293,400 net new jobs in the last twelve months tops every other state,” said Dr. Ginn. “This increases the remarkable pace of positive job creation to 78 of the last 82 months, contributing to an unemployment rate that’s been at or below 5 percent for 37 straight months, a feat unmatched by comparable states. By limiting government and empowering families, the Texas model continues to support greater economic prosperity.”
Vance Ginn, Ph.D. is an Economist in the Center for Fiscal Policy at the Texas Public Policy Foundation.
The Texas Public Policy Foundation is a non-profit free-market research institute based in Austin. The Texas Public Policy Foundation aims to advance a societal framework that effectively fosters human flourishing based upon cooperation and mutually beneficial exchange of ideas and speech.