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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (856733)5/14/2015 10:53:20 AM
From: Brumar89  Read Replies (1) of 1575639
 
Sorry, but over the long term, TX has beat CA handily.

Look at the decade from 2001 - 2010. TX added 732,800 jobs, CA lost 623,700.
bizjournals.com

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). In contrast, civilian employment in the other 49 states without Texas is still 0.73% and almost one million jobs below the December 2007 level (see red line in chart) – 134.27 million non-Texas jobs in September vs. 135.26 million in December 2007. . . .
What is more remarkable is that this is not limited to the energy sector. If you look at the Texas Workforce statistics, over the last year jobs grew in every single category (construction, financial services, leisure and hospitality, etc.). To the extent critics claim that while not the only source of job growth, the energy sector is the engine that drives the other, isn’t this an argument for developing energy resources in as many states as possible?
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What is clear is that people vote with their feet — some 61 percent of Texans were born there:The Texas-born population is itself booming, and additionally there is migration from all over the nation and a steady rise in an already large immigrant population. The net impact is that fewer Texas residents are natives than in the past.

Because of huge in-migration, the percentage of state residents native to the state has fallen. But Texas has always retained a high percentage of its natives, and since 2000 has had the highest retention rate in the country.
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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.
washingtonpost.com

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