Young Employees Thrive in Right to Work States

Young Employees Thrive in Right to Work States

(Source: March 2011 NRTWC Newsletter) Millions Have 'Voted With Their Feet' For Better Opportunities For a combination of reasons, nationwide the number of young adults aged 25-34 is growing far more slowly than is the number of Americans aged 55 and older. In 1999, according to the U.S. Census Bureau, there were 37.94 million people aged 25-34 living in the U.S. By 2009, there were 41.57 million people nationwide in that age bracket. That's a 9.6% increase. Over the same decade, the number of Americans aged 55 and older soared from 57.93 million to 74.36 million, a whopping 28.4% increase! The nationwide decline in young employees' population share, relative to that of Americans nearing or in their retirement years, is obviously an impediment to economic growth. Eleven Non-Right to Work  States Suffered Young-Adult Population Declines

Prosperity Reigns in Right to Work, Low Tax States

According to the March 29th Richard Rahn (Newsmax) article, Right to Work and Lower Taxes appear to deliver a one-two punch in states fights against unemployment and personal income decline.  In fact, Right To Work states lead in economic prosperity and personal income growth. State Economic Climate Economic Performance Ranking 2010 Business Tax Climate Ranking 2011 Small Business Survival Ranking 2011 Population Growth 2000-2010 Right to Work Florida 5 5 6 17.6% Yes Virginia 8 12 14 13.0% Yes Tennessee 10 27 11 11.5% Yes Texas 19 13 3 20.6% Yes California 46 49 48 10.0% No New Jersey 48 48 50 4.5% No New York 50 50 49 2.1% No Sources: American Legislative Exchange Council, Tax Foundation, Small Business and Entrepreneurship Council, U.S. Census Bureau, National Right to Work Legal Defense Foundation.   From Rahn's article: “Fiscal crisis hits the states” has become this year’s most boring and repetitive headline. But what is largely overlooked is that some states are doing relatively well — such as my home state of Virginia — and are, in fact, balancing their budgets without draconian budget cuts or tax increases. Given the ongoing fight between public-employee unions and some state governors, it is interesting to observe that the “right to work” states (that is, those states where workers are not forced to join a union against their will in order to obtain a specific job) also had much better performances than in those states where workers are not protected from involuntary unionism.