Personal finance website WalletHub has published a new study that puts Texas at No. 5 among the hardest-working states. The other four states are Alaska, North Dakota, South Dakota, and Nebraska. Texas definitely has the warmest temperatures out of this group!
How WalletHub Did the Math
How did WalletHub come up with ranks? The website compared the 50 states on 10 key indicators. These include the number of hours worked in a week, the number of workers with multiple jobs, and the yearly number of volunteer hours per resident.
Texas’s average number of workweek hours puts it in fourth. Texas also ranks high in the number of engaged workers (No. 5) and the number of workers who don’t use their vacation time (No. 11). Texas ranks 14th for commute time and 26th for unemployment.
The study looks at two key dimensions: “Direct work factors” and “indirect work factors.” Direct factors include average workweek hours, employment rate, the share of households where the adults don’t work, unused vacation time, engaged workers, and idle youth.
Indirect factors include commute time, number of works with more than one job, yearly volunteer hours, and leisure time spent each day.
Governor Praises Texas Job Surge
Texas Governor Greg Abbott has issued a statement about Texas’s job growth.
“The Texas economy is booming. Businesses are investing in the Lone Star State at a record pace because we’ve built a framework that allows free enterprise to flourish and hardworking Texans to prosper,” says Governor Abbott.
“The June jobs report shows that our young, growing, and skilled workforce has forged a diversified and resilient economy, with Texas employers adding back more than 1.1 million jobs since the end of April 2020, the peak pandemic impact on jobs. That surge in hiring continues today with as many jobs posted on TWC’s job sites as Texans looking for work. I encourage every Texan looking for new or better employment to use the free job matching resources available to them from TWC, because Texas works when Texans work.”