Monday, August 29, 2011

Jobs in Texas

According to today's Texas Tribune, unemployment in Texas is at its highest point in 25 years.  Yet surprisingly, Governor Perry's campaign website is dominated by accounts of his success as a job-creating political leader. Let's take a closer look:

Additionally, according to the State Comptroller's Economic Status Report, unemployment in Texas is on the RISE, currently at 8.4%, up from 8.2% in June.  Let's keep in mind that the national unemployment rate is 9.1%.

The Bureau of Labor Statistics ranks Texas  27th nationally, below more heavily regulated states like Massachusetts (ranked 16th with 7.6% unemployment) and New York (ranked 23rd with 8% unemployment).

While Governor Perry is correct to point out that Texas added more jobs last year than any other state.  However, the U.S. Bureau of Economic Analysis report issued in March this year ranked Texas 23rd for per capita personal income.

Creating jobs is laudable, but Americans need jobs that enable them to support their families.  This has proven difficult for those making less than $40,000 per year.


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