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Tuesday, August 20, 2013

Hype doesn't float: PA is #2 in gas production, #49 in job growth

The latest numbers from the U.S. Bureau of Labor Statistics show that at the end of July, 2013, Pennsylvania has fallen from 7th (in 2010) to 49th out of 50 states in job growth.

This comes even as Pennsylvania is poised to become the nation's second largest natural gas producing state.

Sensing a disconnection?

The localized jobs that have been created by the natgas industry in Pennsylvania are important and valuable.  But neither this industry - nor any other single industry - can be an economic savior for a state as large and diverse as the Commonwealth.  All-gas-all-the-time is not an economic development strategy, but an abdication.  The BLS numbers prove what those of us who don't wear rose-colored glasses have known all along.

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