May 31, 2011, 9:54 PM ET
Jobs: Booming Texas vs Busted California
When it comes to Texas, the old saying is that everything is bigger in the Lone Star state. That certainly applies to the job market, which is booming in Texas and cratering in other states such as California. This piece from The Business Journals talks about the decade-long job surge in Texas versus California and other states. The piece also has an excellent state-by-state interactive table that can be sorted by several factors such as rank in new jobs [emphasis added]:
Texas has enjoyed an unequaled economic boom the past 10 years.
The inventory of private-sector jobs in Texas increased by 732,800 between April 2001 and the same month this year, according to an On Numbers analysis of new federal employment data.
No other state registered an increase of more than 100,000 private-sector jobs during the decade. Only 19 states and the District of Columbia posted any gains at all.
…California suffered the biggest decline during the decade. It had 623,700 fewer private-sector jobs last month than it did a decade ago. Michigan was next with a 10-year loss of 619,200 positions…
Full article: http://blogs.marketwatch.com/fundmastery/2011/05/31/boom-busttexas-vs-california/
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