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Four Red States Recover All Pre-Recession Jobs

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  • Four Red States Recover All Pre-Recession Jobs

    Four Red States Recover All Pre-Recession Jobs As Many Blue States Are Still ‘Lagging Behind’

    Four states — Texas, Arizona, Idaho, and Utah — have seen full recovery in their labor markets following COVID-19 and the lockdown-induced recession.

    “Texas and Arizona have joined two other states in recovering all the jobs they lost at the start of the Covid-19 pandemic, leading a trend that is expected to include another dozen states by the middle of this year,” The Wall Street Journal reported on Tuesday. “The states, which also include Utah and Idaho, have benefited from demographic shifts before and during the pandemic — experiencing outsize payroll growth in retail, warehousing, technology and transportation industries.”

    The outlet added that the states’ labor markets have been aided by inbound workers and companies launching operations in the regions. “The states — all Republican controlled — also have had relatively relaxed Covid-19 restrictions during the pandemic, which economists say softened the blow on their economies.”

    “Those four states have experienced persistently strong population growth, which really wasn’t dented by the pandemic,” Moody’s Analytics director of regional economics Adam Kamins explained. “More and more people keep coming from expensive coastal cities to places like Dallas and Phoenix, which have a relatively lower cost of living and higher quality of life.”

    Kamins noted that “California and states in the Northeast” are “lagging behind.”

    Indeed, such trends drove a mass exodus from Democrat-controlled states into Republican-led areas. A report shared by CNBC earlier this month revealed that more than 600,000 people have left New York and California since the onset of COVID-19 for lower-taxed states.

    The first to state his case seems right until another comes and cross-examines him.

  • #2
    Thanks for describing this as recovering old jobs that the government eliminated with their shut downs and not the creation of new jobs.

    I'm always still in trouble again

    "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
    "Overall I would rate the withdrawal from Afghanistan as by far the best thing Biden's done" --Starlight
    "Of course, human life begins at fertilization that’s not the argument." --Tassman

    Comment


    • #3
      Originally posted by rogue06 View Post
      Thanks for describing this as recovering old jobs that the government eliminated with their shut downs and not the creation of new jobs.
      Yeah, that kinda gets lost in Biden's boasting and bragging about how amazingly successfully he's failing.
      The first to state his case seems right until another comes and cross-examines him.

      Comment


      • #4
        My best friend's wife kept going on about all of the jobs created under Biden and I pointed out they are mostly old jobs that had been eliminated during the lockdowns and she asked what difference does that make. So I asked her if someone effectively fired a million people but then turned around and let them go back to work at their old jobs should that person get credit for creating new jobs? It was like a light was switched on

        I'm always still in trouble again

        "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
        "Overall I would rate the withdrawal from Afghanistan as by far the best thing Biden's done" --Starlight
        "Of course, human life begins at fertilization that’s not the argument." --Tassman

        Comment

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