September 16, 2011

#RickPerrysTexasMiracle climbs to 8.5 percent

For the third month in a row, Texas unemployment has risen. I guess while he was praying for rain, Rick Perry forgot to pray for jobs. And, most interestingly, the increase is worse in rural areas. All major metropolitan areas are flat or better.

And, you want to know why? State education cuts. All those small-town school districts are hurting. As are the small towns where the schools, the city hall, and maybe the county courthouse, if it's a county seat, are the top three employers. That's the bulk of the nearly 9,400 government job losses, I'm guessing. Those small-town teachers.

I'll give you 2-1 odds unemployment in Texas goes at least 0.1 percent higher before the end of the year.

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