Average annual employment growth before and after RTW adoption* in Texas, 1983–2013
Year | 3-year annualized growth rate | 10-year annualized growth rate prior to RTW | 20-year annualized growth rate following RTW |
---|---|---|---|
1983 | 1.913% | 1.913% | |
1984 | 1.657% | 1.913% | |
1985 | 2.083% | 1.913% | |
1986 | 1.956% | 1.913% | |
1987 | 0.126% | 1.913% | |
1988 | 0.073% | 1.913% | |
1989 | 1.381% | 1.913% | |
1990 | 2.892% | 1.913% | |
1991 | 2.434% | 1.913% | |
1992 | 2.067% | 1.913% | |
1993 | 1.783% | 1.913% | 2.038% |
1994 | 2.616% | 2.038% | |
1995 | 3.344% | 2.038% | |
1996 | 3.337% | 2.038% | |
1997 | 3.549% | 2.038% | |
1998 | 3.657% | 2.038% | |
1999 | 3.496% | 2.038% | |
2000 | 3.071% | 2.038% | |
2001 | 2.083% | 2.038% | |
2002 | 0.921% | 2.038% | |
2003 | -0.220% | 2.038% | |
2004 | -0.059% | 2.038% | |
2005 | 1.137% | 2.038% | |
2006 | 2.420% | 2.038% | |
2007 | 3.062% | 2.038% | |
2008 | 2.893% | 2.038% | |
2009 | 0.795% | 2.038% | |
2010 | -0.175% | 2.038% | |
2011 | -0.118% | 2.038% | |
2012 | 1.825% | 2.038% | |
2013 | 2.724% | 2.038% |
* In this figure, we use Deskins et al.'s assertion that Texas became right-to-work in 1993. In fact, Texas became right-to-work in 1947 (Collins 2014).
Note: Employment data reflect total nonfarm employment. Shaded regions denote recessions.
Source: EPI analysis of BLS Current Employment Statistics, obtained from the St. Louis Federal Reserve Economic Data (FRED)