AUSTIN – Talmadge Heflin, Director of the Center for Fiscal Policy at the Texas Public Policy Foundation, issued this statement today on Texas’ November 2013 employment report:
“Today, the Bureau of Labor Statistics released its latest state employment report and Texas once again proves it’s America’s economic engine.”
“According to the report, Texas’ economy added 28,700 net new jobs in November 2013, the second largest employment increase of any state in the nation. What’s more, the Lone Star State has added more jobs year-over-year (+274,200) than any other state and has seen the 2nd largest over-the-year percentage increase in employment growth (+2.5 percent), behind only North Dakota (+4.0 percent).”
“For the unemployed, Texas remains the nation’s jobs mecca. The state’s unemployment rate declined for the 4th consecutive month, down from 6.2 percent to 6.1 percent. The state’s unemployment rate remains well below the national average, 7.0 percent, and has been at or below the national average for 83 consecutive months-or almost 7 years straight!”
“As the data continues to show time-after-time, the Texas Model of low taxes and limited government is a policy prescription for a robust and dynamic economy.”
The Honorable Talmadge Heflin is Director of the Center for Fiscal Policy at the Texas Public Policy Foundation. Heflin served 11 terms in the Texas House of Representatives and chaired the House Appropriations Committee in 2003, leading the Texas Legislature’s successful efforts to close a $10 billion budget deficit without a tax increase.
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin.
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