Thursday, May 26, 2011

Texas Adds 732,000 Jobs in the Last Decade

Low taxes keeps and grows business -- which means JOBS

Texas Adds 732,000 Jobs in the Last Decade, and No Other State Has Created More Than 100,000

1:45 PM, MAY 25, 2011 • BY MARK HEMINGWAY

I wrote a five-part series on Texas's breathtaking economic achievements earlier this year so this didn't come as a surprise to me, but a lot of people will probably find this stunning:

The inventory of private-sector jobs in Texas increased by 732,800 between April 2001 and the same month this year, according to an On Numbers analysis of new federal employment data.

No other state registered an increase of more than 100,000 private-sector jobs during the decade. Only 19 states and the District of Columbia posted any gains at all.

At the link, there's even a breakdown of the Bureau of Labor Statistics data. Again, Texas's formula for economic success is a fairly simple one: Keep business regulations to a minimum, keep taxes low, and keep organized labor in the public and private sector in check. It's easier said than done, but Texas's relative success is fairly definitive that the heavy handed big government approach to taxes and regulation is dooming the economies of blue states.


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