Friday, June 15, 2012

Who says Washington is a top state for producing jobs?

The U.S. Chamber of Commerce, that’s who!

In their latest report, Enterprising States: Policies That Produce, Washington state moved up five places to  #8 on the list of “Top Performing States.”  The group said the rankings were determined by a combination of the following measures:
• Long-term job growth
• Short-term job growth
• Overall expansion of gross state product
• Productivity: state output per job
• Productivity growth: growth in output per job
• Income growth: growth in per capita personal income
• Livability: median income of four-person households adjusted for state cost of living

Quoting the report:
“Led by the software industry, Washington is one of the few states with a growing information sector. Washington moved up five places into the top 10 largely due to its rapid short-term job growth over the past two years.

“The state’s manufacturing sector – led by aircraft and other transportation equipment building – significantly outperformed the national manufacturing industry since 2001. The Evergreen State added another 65,000 jobs in professional, scientific and technical services; 19,000 in securities and commodity contracts and 12,000 in electronic wholesale markets.”

To read this story in Spanish, please click here.