TEXAS JOB MARKET STRONG

While Tim blogs about things no one cares about, we should note that Texas added nearly 15,000 jobs last month. I think it’s important to note that, as far as looking at job creation, a stochastic frontier analysis would possibly shed new light on extent and regional differences of job-search frictions, as well as potential determinants of frictional inefficiencies in that data set. As well, there is novel evidence on the complex interactions between spatial contingencies among regional labor markets that this report does not explore. This is important to note, I think.

But, hey, by all means, Tim, tell us about what you’ve got in your desk. We’re riveted.