Miracle or Mirage, What Kinds of Jobs Has Texas Created?

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 ...

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