The WSJ reports that only 14 of the country’s 100 biggest cities have more jobs than they did pre-2008/2009 recession, and almost half of those are in Texas: Six of them are in Texas, according to researchers at the Brookings Institution, who recently analyzed local economic conditions through the end of 2012. … Robust employment in the oil and gas industries helped the Texas cities, although data from the Texas Workforce Commission suggests the job recovery has come from a variety of industries. Austin, San Antonio, El Paso, McAllen, Dallas and Houston all made the list, along with Oklahoma City, another energy town. The other cities on the list of 14 are: Omaha, Neb., Salt Lake City, Pittsburgh, San Jose, Calif., Knoxville, Tenn., Washington and Charleston, S.C. … “Texas has been a bright spot in the recession. Its housing market wasn’t hit as hard,” said Alec Friedhoff, a senior research analyst at Brookings, a Washington think tank. “The oil-and-gas industry has been a great boon for that part of the country.” Texas has added jobs every month since January 2010, according to the Texas Workforce Commission.
Posted on: Fri, 05 Jul 2013 15:00:57 +0000
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