Texas leads US in job creation over past year
foxbusiness.comTexas Gov. Greg Abbott details the states stock exchange venture to rival Wall Street, the impact of the immigration crisis on jobs and his vow to eliminate Venezuelan gang Tren de Aragua in the state.
Texas Gov. Greg Abbott is taking a victory lap after new data shows The Lone Star State has led the nation in job creation over the past year.
Employment numbers released by the Bureau of Labor Statistics this week showed Texas has seen the largest job gains of any state from September 2023 to September 2024, adding 327,400 jobs. Coming in second was California with 265,300 jobs added over the past year, and Florida was No. 3 at 204,700.
Greg Abbott, governor of Texas, during the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wisconsin, US, on Wednesday, July 17, 2024. (David Paul Morris/Bloomberg via Getty Images / Getty Images)
«Texas continues to dominate as America’s jobs engine,» Abbott said in a statement. «America's leading businesses are fleeing the stranglehold of over-regulation in other states for the competitive business advantages found only in Texas.»
The Republican touted Texas' business climate as the best in the nation, and said more Texans are now working than ever before in the state's history. Texas now has a workforce of 15.4 million.
TEXAS TO BEGIN GATHERING NONCITIZEN TREATMENT DATA FROM HOSPITALS STATEWIDE
Abbott's tenure as governor since 2015 has seen an influx of companies moving their headquarters to the state, which has no personal or corporate income tax and has touted its business-friendly regulations.
Several major companies have fled high-tax states and relocated their headquarters in Texas in recent years, including Oracle and Caterpillar, as well as Elon Musk's
Read more on foxbusiness.com
