The Feds Need to Do Something!!

    Texas no longer leads the nation in job creation as the state’s employment growth in March fell to its lowest in nearly 21/2 years. The state added 9,100 jobs last month, which was the smallest monthly gain since October 2011, according to government data released Friday. That’s decreased drastically  from an upwardly revised 39,100 jobs in February and 43,000 jobs in January. “While this is a disappointing report for the month, Texas is still in good shape,” said Wells Fargo economist Michael T . Wolf. Despite the drop in job growth, the state’s unemployment rate ticked lower in March. Texas ranked sixth nationally for the most job gains last month, according to data released Friday by the U.S. Bureau of Labor Statistics. Florida was number one, with 22,900 jobs. The data follows other recent reports that reinforce solid but not stellar economic growth in Texas. The economies of eight U.S. regions, including Texas, grew at a “modest” pace in the six weeks through early April, according to the Federal Reserve’s Beige Book report released earlier this week. Overall in March, BLS data shows 34 states added jobs, 16 states lost jobs, and Washington, D.C., saw no change. For Texas, it’s a bit of a different story. The state added 310,000 jobs across all 11 major industry groups for the 12 months through March. That was enough to rank Texas second, after California’s 325,000 new jobs, according to BLS data.

    Despite Texas’ slower job growth, its unemployment rate fell from 5.7 percent in February to 5.5 percent in March. That was well below the U.S. rate of 6.7 percent last month.

    I'm not sure what the bank feels it needs to do in this situation. Maybe they could raise the minimum wage p, whinpch has been under debate recently. Unfortunately, these drops in job growth are alarming. It's as if people no longer have the will power to just go out and get a job. I'm 18 and already have a job, so I don't see what the big deal is about getting off the couch from eating ice cream all day is, to putting on a suit and tie and getting out into the world and applying for a job. We need to get back up there to lead the nation in job creation. Please don't go down the drain Texas!

http://www.dallasnews.com/business/headlines/20140418-texas-job-growth-slows-in-march.ece