Economic & Workforce Development
The Economic and Workforce Development Task Force will review recent workers’ compensation insurance reforms, and will recommend any policies necessary to ensure that both workers and employers continue to have access to coverage through a free market.
The Task Force will review the state’s economic climate and business tax structure and will recommend reforms aimed at enhancing Texas’ competitiveness and creating a robust job market. The new Texas franchise tax will be central to this discussion.
The Task Force will also examine Texas’ adult education and workforce development policies: According to the U.S. Census Bureau, 21.4 percent of Texas residents aged over 25 do not have a high school diploma. In terms of high school graduation rate among the adult population, Texas ranks 49th out of the 50 states; only Mississippi has a higher percentage of adults who failed to graduate high school. In the light of this data, it is crucial that the state explores ways to improve and expand adult education and workforce development efforts that are targeted at adults who do not have high school diplomas.