“Texas accounts for half of U.S. payroll gains in past 24 months”
— Economists explained the faster pace of jobs generation in the Lone Star state to high energy prices which resulted in more oil drilling activities, growing exports and the state’s conservative banking sector which protected Texas from a major housing crash.—
“....State officials pointed out that Texas’ higher-than-expected payroll gains is because of a pro-business climate that Perry created which drew companies from other states where the cost of doing business is much higher.”