Tuesday, May 28, 2013

Houston's job gusher

The Atlantic tells the good news about the economy in Houston.
The recession in Texas was relatively mild, partly thanks to mistakes learned by the region's real estate and energy industries, said Patrick Jankowski, an economist and vice president of research at the Greater Houston Partnership. Texas "won" the recession not only because of the jobs it's created, but also because of the jobs it's hoarded -- particularly in energy.

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