On job growth, numbers speak louder than words

[crispini]

Perry crows about numbers, but statistics show Texas is just about average.

By Mike Ward
AMERICAN-STATESMAN STAFF
Sunday, February 13, 2005
As Gov. Rick Perry put it, Texas' dark economic clouds are dissipating into an "emerging blue sky of opportunity."

In just 15 months, he likes to point out, 162,000 jobs were created in the Lone Star state. And the Texas Enterprise Fund is expected to add thousands more in coming years.

Federal statistics show, however, that job growth in Texas has been just average.

Even with all those jobs created from September 2003 to December 2004, the state still ranked 24th nationally in job growth rate, a better measure of success than sheer numbers, experts suggest, in a state with more than 9 million people in the work force.

A report published last week by the Federal Reserve Bank of Dallas characterizes Texas' economic recovery so far as "a little underwhelming."

more....
http://www.statesman.com/news/content/shared/tx/legislature/stories/02/13jobs.html

[mhr]

1. Think About It Nationally - In Four Years, Bush's Economy Has Only Added

100,000 jobs.

Folks, that is virtually a flat line - so little growth that it is hard to measure.

By contrast, during Clinton's eight years - the economy added 3,000,000 jobs each and every year.

In a nutshell, Bush has nothing to crow about and neither does Perry.

[EVDebs]

2. 100K ? That's how many jobs are required to just keep up with growth

in population for one month ! But don't worry, they aren't hiring native born much anymore anyway. Look at this report

NATION’S IMMIGRANTS ACCOUNT FOR BULK OF LABOR FORCE GROWTH SINCE 2000 WHILE NATIVE-BORN WORKERS EXPERIENCE HEAVY DECLINES
http://www.nupr.neu.edu/01-04/immigration_jan.html

CNN's Lou Dobbs is right on the money.

[mhr]

3. Yes, And That's Why Professionals Like Myself Have Been Unemployed

for 59 months now!