Since December 2007 when the Great Recession started, Texas civilian employment has increased by 12% and by more than 1.32 million jobs, from just over 11 million jobs in December 2007 to 12.32 million in September of this year (see blue line in chart).
"It stands to reason then that if you want higher job growth, you want to be more like Texas than California. There are many measures of economic and social health, but for a country that is struggling to jump-start job creation, it might be a good idea to look carefully at the success stories."
Texas has won some big bets and lost others when it comes to persuading firms to relocate — or make major expansions — in Texas this past year. But business leaders and the site-selection consultants who advise them still think it’s the top place to do business.
AUSTIN – The Texas economy added 36,400 seasonally adjusted total nonfarm jobs in September. Over the year, Texas added 413,700 total non-farm jobs, the largest gain over a 12-month period ever recorded in the Lone Star State.
Texas' pro-energy industry stance has resulted in the state once again leading the nation in oil and gas production, jobs and other economic benefits last year, according to a report issued by the Texas Independent Producers and Royalty Owners Association.
SAN ANTONIO — The Eagle Ford Shale oil field had an $87 billion effect across South Texas last year — nearly equal to the San Antonio area's entire gross domestic product, according to the University of Texas at San Antonio.