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The state jobs report came out today. It was brutal. Most states lost jobs. The ones that gained them gained very, very few, like Georgia and Texas only adding a couple hundred jobs.
An interesting outlier was Florida though. Added 24,000 jobs last month. I think California added as well. But most states took a beating last month.
It's really hard to determine anything from the monthly numbers released by the government. While I think we're in a better position than immediately post 2008 recession, clearly the country overall isn't doing as great as we're led to believe. Some industries, and some pockets here and there have shown real improvement, but overall I don't think the recovery has been that great.
I can tell you TX is in bad shape.
Houston is cutting jobs already but DFW, San Antonio and Austin are adding so few jobs you have no idea.
Growth is dismal.
Less than 10K on average this year for a metro area with more than 4 million people.
That's a perfectly reasonable level of growth. What, do you want Texas to be one huge chunk of sprawl within your lifetime? It's already been the most polluted state for decades. If Texas were to grow as much as you say, we'd need to open the borders. In less than 50 years you couldn't tell Texas from Mexico.
Good growth for Texas would be grown people taking the available jobs instead of kvetching.
The number of non-farm jobs in Dallas-Fort Worth grew by 3.9 percent over the 12-month period ending in March 2016.
That’s nearly double the national rate of 2 percent.
Phoenix came in second, with a job growth rate of 3.7 percent. The San Francisco area was next, at 3.2 percent.
In Dallas, the biggest job growth was in the leisure and hospitality sector, which grew by 8 percent compared with the 3.2 percent national rate.
New York-Newark-Jersey City added the largest number of jobs, 193,200, followed by Los Angeles-Long Beach-Anaheim (+145,300) and Dallas (+129,900). Houston had the smallest employment gain over the year, adding 7,700 jobs, followed by Boston, up 42,700.
The number of non-farm jobs in Dallas-Fort Worth grew by 3.9 percent over the 12-month period ending in March 2016.
That’s nearly double the national rate of 2 percent.
Phoenix came in second, with a job growth rate of 3.7 percent. The San Francisco area was next, at 3.2 percent.
In Dallas, the biggest job growth was in the leisure and hospitality sector, which grew by 8 percent compared with the 3.2 percent national rate.
New York-Newark-Jersey City added the largest number of jobs, 193,200, followed by Los Angeles-Long Beach-Anaheim (+145,300) and Dallas (+129,900). Houston had the smallest employment gain over the year, adding 7,700 jobs, followed by Boston, up 42,700.
We're talking about mainly Dallas and suburbs like Plano.
Most of them are already cra*ppy jobs as you said.
Wages are stagnant as well.
Happy for Phoenix though, they need jobs!!
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