Today, the Texas Workforce Commission released labor market information in Texas for February 2017. The Texas Public Policy Foundation’s Economist Dr. Vance Ginn issued the following statement:
“Texas employers created 6,700 net nonfarm jobs in February, bringing the 12-month running total to 222,400 net nonfarm jobs created,” said Dr. Ginn. “Texas employment gains continue to account for almost one-third of jobs created nationwide since December 2007, and net nonfarm job creation has now been up 75 of the last 77 months. If the state’s budget increases by no more than population growth plus inflation, property taxes are structurally reformed, and the margins tax is quickly eliminated, Texans will have more opportunities to improve their well-being. Moreover, the Texas model will remain the beacon of prosperity for other states and D.C. to follow.”
For more information or to request an interview with Dr. Ginn, please contact Caroline Espinosa at [email protected] or 512-472-2700.
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, Texas.
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