The Washington Examiner has the details:
Since the recession began in December 2007, 1.2 million net jobs have been created in Texas. Only 700,000 net jobs have been created in the other 49 states combined.
The remarkable employment growth in Texas looks even bigger considering its size relative to the rest of the U.S. Total non-farm employment has grown by 11.5 percent in Texas since December 2007. Employment in the rest of the United States has grown only 0.6 percent. Until September 2014, total employment growth in the rest of the United States since December 2007 was still negative.
Only North Dakota has outpaced Texas on percent job growth, thanks to jobs created by the fracking revolution. California, Texas’ biggest economic rival, has created 985,600 fewer net jobs during the same period. California’s 1.5 percent job growth is ten percentage points lower than Texas’ percent job growth. [Emphasis added by editor]
Regulations have consequences, and we are seeing the results. In the past California led the recovery from US recessions. Now Texas is the leader, due to the pro business climate in Texas and the negative business climate in California. And did I mention, Texas is fracking old oil fields and increasing production, while the environmental wackos keep California’s oil and gas locked on the ground. AB32 is forcing energy prices to soar, while they are falling in Texas and the result is more job growth in Texas and less in California. Duh!