IHS Global Insight IHS Global InsightLatest from The Business JournalsTexas reaches prerecession employment levelsD.C. tourists spent B in 2011Nassau County opens natural gas pipelineFollow this company reports national employment levels hit bottom more than two years ago, and Texas just returned to its previous employment peak in the first quarter of 2012.
The only other states to reach or surpass their employment peaks are Alaska and North Dakota — which returned to their peaks prior to 2012 — and Louisiana. All four states benefit from the energy industry, IHS notes.
Other states that IHS anticipates will reach or surpass their previous peaks in 2012 or 2013 include Colorado, Maryland, Massachusetts, Minnesota, Nebraska, New York, Oklahoma, Pennsylvania, South Dakota, Utah, Virginia and West Virginia.
However, 16 states are still at less than 95 percent of their pre-recession job levels, including six states that are at less than 93 percent. IHS does not expect Michigan, Nevada and Rhode Island to reach their previous employment levels until 2017 or later.