HOUSTON TOPS LIST OF CITIES WITH FASTEST WAGE GROWTH HOUSTON – Business Insider has released a list of the top 10 cities for fastest wage growth in America. Houston is number 1. According to the report the number of jobs in America is now growing and so are full-time wages, at least in some parts of the nation.
Using the PayScale Index, which tracks how private-sector wages have changed, the report shows that between Q4 of 2010 and Q4 of 2011 18 U.S. metro areas saw some wage growth, the most growth was in energy and technology jobs. The report says that construction and manufacturing jobs are starting to see improvement as well.
The 10 cities with the biggest increase in pay for private-sector workers are: San Diego at #10, Atlanta at #9, Philadelphia at #8, St. Louis comes in seventh, #6 is San Francisco.
The top five include Seattle, Washington DC, Chicago and # 2 Miami.
It is Houston that sits atop the list at #1 with a 2.2% increase in the 12 month period measured.
Texas Enterprise Fund
The case for Perry’s venture capitalismThere’s a big difference between the Texas and statist approaches - There has been a lot of debate about Gov. Rick Perry’s economic development funds. The criticism centers on the idea that the Texan’s funds create a “Solyndra problem” for him, that by investing in businesses that bring jobs to the state, Mr. Perry has the same job-creation approach President Obama displayed in backing federal loans to a solar-energy firm.
Equating the two men in this way provides a convenient symmetry, but it’s also a false comparison that misses why many free marketers are comfortable with Gov. Perry even while critical of Solyndra.”……