The Texas Model

[ArlJim78]

One state gets it anyway. Texas created over half of the new net jobs last year.


(http://www.nationalreview.com/articles/249868/texas-model-rich-lowry)The Texas Model
(http://www.nationalreview.com/articles/249868/texas-model-rich-lowry)
Texas already looms large in its own imagination. Its elevated self-image didn’t need this: More than half of the net new jobs in the U.S. during the past 12 months were created in the Lone Star State.

According to the Bureau of Labor Statistics, 214,000 net new jobs were created in the United States from August 2009 to August 2010. Texas created 119,000 jobs during the same period. If every state in the country had performed as well, we’d have created about 1.5 million jobs nationally during the past year, and maybe “stimulus” wouldn’t be such a dirty word.

What does Austin know that Washington doesn’t? At its simplest: Don’t overtax and -spend, keep regulations to a minimum, avoid letting unions and trial lawyers run riot, and display an enormous neon sign saying, “Open for Business.”

[Dave Schwartz]

This whole "net new jobs" thing confuses me.

So, does this mean that there are 214,000 new jobs or 214,000 more than they lost?


Because it sounds to me like they created 214,000 new jobs without discussing the ones lost.

I hope I have it wrong.

Dave

[redshift1]

One state gets it anyway. Texas created over half of the new net jobs last year.


http://www.stateline.org/live/details/story?contentId=521130

[wes]

http://1redthread.wordpress.com/2010/06/07/mike-rowe-of-dirty-jobs-smart-man/


The Dirty Job man.

wes

[Native Texan III]

This whole "net new jobs" thing confuses me.

So, does this mean that there are 214,000 new jobs or 214,000 more than they lost?


Because it sounds to me like they created 214,000 new jobs without discussing the ones lost.

I hope I have it wrong.

Dave

Who believes any figures at election time but it is "internet" claimed:

For the next legislative session in January they will have to grapple with a budget shortfall that could exceed $21 billion over two years. Unemployment stood at 8.3 percent in August, lower than the national average of 9.6 percent. The state created more than 129,000 jobs over the past year, more than any other state, according to the U.S. Bureau of Labor Statistics.

So the total jobs created (not net) is either 129,000 over a year or 214,000 over some non specific time but still do not balance those lost and gives a net current official 8.3% unemployment rate. The actual rate my be around 20% so go easy on loading up the wagons to a new promised land.