added 12% jump of jobs and looking at growth, that doesn t necessarily correlate to how good their economy is, state by state. what about the states growing the most? what s the employment situation like there? take a state like texas, that is growing a lot. 18.8% growth. the unemployment rate high, 8.2%, below the national average and what texas has seen over the last decade, pretty much, more than a million jobs added. the reason is they have very low corporate tax rates. loose government regulation. businesses like to operate there, low home prices and no state income tax. but again, similar story here. growth doesn t always mean jobs. finally, take a look at nevada. nevada, we know the story there. they have grown a whopping 32.3% over the decade. they have the single highest unemployment rate in the
growing enough to add the requisite number of jobs to bring them the unemployment rate significantly, as you might sect. they touted many of the steps the president has taken and the administration starting with the stimulus, starting with a lot of proposed tax cuts to try to get companies hiring again. but it is the same sold story, credit remains tight, state budgets are low, people are getting laid off. the long-term unemployment, people have been on the unemployment roles for a significant period of time. it is very high. all of these problems facing the economy and keeping the unemployment rate high, alex. mike viqueira at the white house, thanks so much. goldman sachs will be trading its view of wall street for a federal courtroom after the government charged the company with fraud. the s.e.c. is accusing goldman sachs and one of its vice presidents of not disclosing conflicts of interest. the government says goldman profited by helping a client create, then bet against subpr