Less-tight labor market helps Texas grow faster than U.S. during pandemic

Anil Kumar

Southwest Economy, 2022, issue Fourth Quarter

Abstract: Data from the Job Openings and Labor Turnover Survey (JOLTS) indicate that Texas and the U.S. have more openings than people to fill to them. However, the vacancy–unemployment ratio suggests that the state’s labor markets are less tight than the nation’s. Amid widespread reports of worker shortages, Texas' not-so-constricted labor markets have helped the state outpace the nation in job growth.

Keywords: inflation; labor; Texas; COVID-19 (search for similar items in EconPapers)
Date: 2022
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