Office of the Governor Rick Perry Texas Will Remain Top State For Jobs

Wednesday, December 07, 2011  •  Austin, Texas  •  Noteworthy

Texas' healthy economy and robust job creation climate have combined to help the Lone Star State earn the "Best State for Jobs" ranking by Forbes, in a report that indicates the state's impressive record on job growth won't end anytime soon.

Forbes compared the forecasted five-year annual growth rate for jobs, total employment rate and unemployment rate for each state, based on data provided by Moody's Analytics. Texas' tax climate, pro-business climate and economic development incentives were noted as reasons to relocate or expand a business in the Lone Star State.

Throughout the year, publications have raved about the Texas economy, with Site Selection Magazine, DCI and Area Development Magazine each ranking Texas as the best business climate. Additionally, Texas won Site Selection Magazine's 2010 Governor's Cup for the most new and expanded corporate facilities announced over the year. USA Today wrote that Texas has moved past New York as the nation's second largest economy, and the Wall Street Journal credited the state's low taxes and employer-friendly environment with helping make Texas the job creation capital of the nation.

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