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Private-Sector Jobs Are a Major Factor in Employment Growth
NY Times ^ | AUGUST 27, 2011 | BECCA AARONSON

Posted on 08/28/2011 7:12:21 AM PDT by Pharmboy

It is not a mirage or a miracle; it is a fact. Nearly half of all net jobs created in the United States since 2009 have been in Texas.

It is also a fact that Texas’ unemployment rate, currently at 8.4 percent, is the highest it has been since 1987, even though it is below the national rate of 9.1 percent.

As Gov. Rick Perry continues to tout Texas’ low-tax, low-regulation business climate as the secret to the state’s relative economic strength, critics have pointed to Texas’ unemployment rate and low-wage jobs, noting that Texas ties Mississippi for the highest percentage of minimum wage workers.

The debate raises several questions: What jobs do Texans commonly hold right now? How much do those jobs pay? And what jobs is Texas creating?

According to statistics from the Texas Workforce Commission, the annual median wage in 2010 for all occupations in Texas was $31,500, or 7 percent less than the national median.

The most common occupation sectors in Texas were office and administrative service,

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; US: Texas
KEYWORDS: jobs; msm; rickperry
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To: Pharmboy

Two thoughts come to mind.

First (as regards title): No s$$t, Sherlock.

Second (as regards jobs): Some jobs is better than no jobs. Or negative jobs.

How many jobs has the NYT created? (Hint: they are on the Dinosaur Media Deathwatch (R) list.


21 posted on 08/28/2011 11:23:09 AM PDT by RedElement
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