Texas Takes the Lead on High Job Record!
Texas has set a new record for job growth, outpacing the national average and adding over 650,000 jobs from January 2022 to January 2023, according to a press release of the Office of the Texas Governor site. The State’s powerful job record can be attributed to the hard work of Texans and Texas employers, as well as Governor Greg Abbott’s policies aimed at boosting economic growth.
With job growth at 5.0 percent, Texas surpassed the national job growth rate of 3.3 percent over the same period. Governor Abbott praised the State’s employers for their investments in the workforce and highlighted the need to continue expanding opportunity in the State. He cited plans to cut property taxes, invest in workforce development, upgrade infrastructure, and implement strategic economic development tools to ensure Texas remains a top state for business.
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The U.S. Bureau of Labor Statistics employment report also noted that Texas broke its record for total jobs in January for the 16th consecutive month, reaching a new high of 13,782,300 total jobs. This achievement speaks to the State’s sustained economic growth and vitality.
Texas’s job record is impressive despite the challenges posed by the COVID-19 pandemic. Despite the disruptions caused by the pandemic, the State’s economy has remained resilient, driven by sectors such as technology, energy, and healthcare. Further, Texas’s business-friendly policies, low taxes, and favorable regulatory environment have made it an attractive destination for businesses and entrepreneurs.
Texas is poised to continue leading the nation in job growth and economic vitality. The State’s commitment to expanding opportunity and promoting a business-friendly environment can surely attract even more employers and investors in the years to come.
Overall, Texas’s strong job record is a testament to the hard work and ingenuity of Texans and Texas employers, as well as Governor Abbott’s policies aimed at boosting economic growth. With the state outpacing the national average in job growth and breaking its record for total jobs, Texas is well-positioned to remain a top state for business and a leader in job creation.
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