According to the Bureau of Labor Statistics, seasonally adjusted, non-farm employment in Texas grew by 32,000 positions from May to June giving Texas the largest month-to-month growth among all states.
As impressive as this statistic is, an even more striking picture of Texas’ job creation prowess begins to emerge when viewed over the long-term and in comparison to other large states.
Consider that year-over-year employment growth in Texas totaled 220,000 new positions from June 2010 to June 2011 – the largest job growth among all other states. The other most populous states did not even come close to matching that figure – California (+157,000), Illinois (+59,000), Florida (+53,000), and New York (+41,900).
Texas’ economic success can be attributed to several factors, but one of the most important is its free-market approach to governance – an approach whose results clearly speak for themselves.
Seasonally adjusted, total non-farm employment growth/decline over a 1-year period(June 2010 to June 2011)
– Samantha SolizResearch Fellow, Center for Fiscal Policy