Employment

U.S. Job Growth Remains Both Strong and Consistent.  It has become fashionable to describe U.S. job growth as sub-par or below expectations. But a  deeper look at the data reveals something entirely different – remarkably strong and steady job growth. The U.S. labor market has improved consistently since early 2010 and is now adding jobs at a nearly 2% annual pace. In fact, job growth has now remained above 1.5% at an annual rate for more than 2 years.

Four states are leading the pack in job growth so far in the recovery – The states of North Dakota, Texas, Utah, and Colorado have posted the fastest job growth to date in the recession (Jan. 2010 through May 2014). All four have added more than 10% to their workforce during the recovery. North Dakota’s 26% gain is more than twice the 13% gain for second place Texas. What do these states have in common?