Opinion

June 15, 2011 1:29 PM

Commentary: Texas job growth story isn't simple

The number is so big that it sounds like a tall tale: 48 percent of the net jobs created in the U.S. since the recovery have been in the Lone Star State. That fact comes from the Federal Reserve Bank of Dallas, using non-farm payroll data from the Bureau of Labor Statistics and its own analysis. From June 2009 through April 2011, the country added 496,000 jobs, and the Dallas Fed says that 237,000 of them were in Texas. Texas may be big, but only 8 percent of the workforce lives here, so its outsize job growth is giant indeed.

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