From statesman, April 18, 2009...
Central Texas continued to add jobs during March, in the face of a recession that led to job losses in every other large Texas city.
The Texas Workforce Commission said Friday that jobs grew in the region at a 0.4 percent annual rate last month. That works out to 3,300 jobs between March 2008 and March 2009. Job growth was 0.2 percent in February.
The local unemployment rate was 6.2 percent, down from 6.3 percent in February but up from 3.8 percent in March 2008.
Read more...
Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts
Tuesday, April 21, 2009
Friday, April 17, 2009
State jobless rate edges up in March
From KEYE, April 17, 2009...
The Texas Workforce Commission today reports statewide unemployment edged upward -- to 6.7 percent in March.
The state shed 47,100 nonagricultural jobs.
While the Rio Grande Valley showed slight improvement from a month earlier it continued to the lead the state with the highest unemployment rates. Midland delivered the lowest unemployment rate at 4.3 percent.
Read more...
The Texas Workforce Commission today reports statewide unemployment edged upward -- to 6.7 percent in March.
The state shed 47,100 nonagricultural jobs.
While the Rio Grande Valley showed slight improvement from a month earlier it continued to the lead the state with the highest unemployment rates. Midland delivered the lowest unemployment rate at 4.3 percent.
Read more...
Austin fighting back; jobless rate drops for 2nd month
From Austin Business Journal, April 17, 2009...
For the second consecutive month, Austin's unemployment rate has decreased as the region tries to regain the losses it's sustained in the recession.
Austin added 5,100 jobs in the month of March, helping drop the metro area's unemployment rate from 6.3 percent in February to 6.2 percent, according to the latest figures from the Texas Workforce Commission.
Read more...
For the second consecutive month, Austin's unemployment rate has decreased as the region tries to regain the losses it's sustained in the recession.
Austin added 5,100 jobs in the month of March, helping drop the metro area's unemployment rate from 6.3 percent in February to 6.2 percent, according to the latest figures from the Texas Workforce Commission.
Read more...
Monday, April 13, 2009
Report: Stimulus money could end up costing Texas jobs
From Austin Business Journal, April 6, 2009...
A new report from the Texas Public Policy Foundation argues that the money flowing in to the state from the federal stimulus package could actually hinder private sector growth and end up costing Texas more than 131,000 jobs.
The report, titled The Economic Impact of Federal Spending on State Economic Performance—A Texas Perspective, was released at the Capitol on Monday.
Researchers looked at historical patterns of economic growth and spending by federal, state and local governments; the implications for Texas unemployment payments and taxes; and estimated effects that the recently passed federal stimulus package will have on Texas private sector economic activity and employment.
Read more...
A new report from the Texas Public Policy Foundation argues that the money flowing in to the state from the federal stimulus package could actually hinder private sector growth and end up costing Texas more than 131,000 jobs.
The report, titled The Economic Impact of Federal Spending on State Economic Performance—A Texas Perspective, was released at the Capitol on Monday.
Researchers looked at historical patterns of economic growth and spending by federal, state and local governments; the implications for Texas unemployment payments and taxes; and estimated effects that the recently passed federal stimulus package will have on Texas private sector economic activity and employment.
Read more...
Texas unemployment rate rises to 6.5 percent
From KEYE, March 26, 2009...
The Texas unemployment rate climbed to 6.5 percent in February --- still well below the 8.1 percent national unemployment rate.
The state's unemployment rate rose slightly from 6.4 percent in January.T
he Texas Workforce Commission says today Texas dropped 46,100 nonagricultural jobs in February. In January, the state lost 55,900 jobs overall.
Meanwhile, 14,700 jobs were added in education and health services in February, for an industry gain of 58,600 new positions in the past year.
Read more...
The Texas unemployment rate climbed to 6.5 percent in February --- still well below the 8.1 percent national unemployment rate.
The state's unemployment rate rose slightly from 6.4 percent in January.T
he Texas Workforce Commission says today Texas dropped 46,100 nonagricultural jobs in February. In January, the state lost 55,900 jobs overall.
Meanwhile, 14,700 jobs were added in education and health services in February, for an industry gain of 58,600 new positions in the past year.
Read more...
Monday, March 9, 2009
Report: Employee confidence up in Texas
From Austin Business Journal, March 5, 2009...
Despite the rising unemployment rate and another month of statewide job losses, Texans are actually getting a bit more confident in their employment outlook.
The Texas Employee Confidence Index increased 2.8 points to 48.5 in January, according to the latest report from Spherion Corp. The monthly survey of Texas workers, conducted by Harris Interactive for Spherion indicates that more workers are optimistic about the future of their current employer while the percentage of workers reporting that the economy is getting weaker decreased.
Read more...
Despite the rising unemployment rate and another month of statewide job losses, Texans are actually getting a bit more confident in their employment outlook.
The Texas Employee Confidence Index increased 2.8 points to 48.5 in January, according to the latest report from Spherion Corp. The monthly survey of Texas workers, conducted by Harris Interactive for Spherion indicates that more workers are optimistic about the future of their current employer while the percentage of workers reporting that the economy is getting weaker decreased.
Read more...
Austin unemployment rate hits 6.4%; region lost 12,800 jobs in Jan.
From Austin Business Journal, March 5, 2009...
The Austin area lost 12,800 jobs in January as the local unemployment rate reached 6.4 percent.
Total non-farm jobs in the region stood at 770,500 in January, down from 783,300 in December 2008, the latest report from the Texas Workforce Commission shows. Over the last year, the local area has added just 6,600 jobs for an annual growth rate just shy of 1 percent.
For the month, job losses were most significant in the sectors of leisure and hospitality (down 3,100 positions); trade, transportation and utilities (down 4,400 positions); and education and health services (down 2,500 positions). The only sector to show a gain of more than 1,000 jobs was professional and business services, which added 1,200 positions for the month.
Read more...
The Austin area lost 12,800 jobs in January as the local unemployment rate reached 6.4 percent.
Total non-farm jobs in the region stood at 770,500 in January, down from 783,300 in December 2008, the latest report from the Texas Workforce Commission shows. Over the last year, the local area has added just 6,600 jobs for an annual growth rate just shy of 1 percent.
For the month, job losses were most significant in the sectors of leisure and hospitality (down 3,100 positions); trade, transportation and utilities (down 4,400 positions); and education and health services (down 2,500 positions). The only sector to show a gain of more than 1,000 jobs was professional and business services, which added 1,200 positions for the month.
Read more...
Thursday, March 5, 2009
Texas jobless fund could need federal bailout
From statesman, March 1, 2009...
Added claims during recession drawing down fund faster than previously projected.
Read more...
Added claims during recession drawing down fund faster than previously projected.
Read more...
Friday, January 23, 2009
Study shows Austin could shed 2,800 jobs in ‘09
From Austin Business Journal, January 20, 2009...
A report prepared for the U.S. Conference of Mayors forecasts the Austin-Round Rock region will actually shed some 2,800 jobs in 2009, a decline of 0.4 percent.
The report also anticipates that the local unemployment rate will rise from 4.8 percent at the end of 2008 to 6.1 percent at the end of this year.
Read more...
A report prepared for the U.S. Conference of Mayors forecasts the Austin-Round Rock region will actually shed some 2,800 jobs in 2009, a decline of 0.4 percent.
The report also anticipates that the local unemployment rate will rise from 4.8 percent at the end of 2008 to 6.1 percent at the end of this year.
Read more...
Thursday, January 22, 2009
Texas Workforce Commission swamped with calls for jobless benefits
From statesman, January 14, 2009...
Dialing the state for information on your unemployment benefits? Get ready to wait.
Texas Workforce Commission phone lines are being swamped by unemployed workers seeking jobless benefits, with waits of more than a half-hour in some cities — if callers can get through at all.
"We're inundated," said Ann Hatchitt, director of communications for the commission, the state agency charged with aiding workers who need benefits. "We are encouraging people to file online."
Read more...
Dialing the state for information on your unemployment benefits? Get ready to wait.
Texas Workforce Commission phone lines are being swamped by unemployed workers seeking jobless benefits, with waits of more than a half-hour in some cities — if callers can get through at all.
"We're inundated," said Ann Hatchitt, director of communications for the commission, the state agency charged with aiding workers who need benefits. "We are encouraging people to file online."
Read more...
Saturday, December 27, 2008
Good news/bad news local economic outlook
From KVUE, December 19, 2008...
Jobs continue to be added, but our un-employment rate rose slightly last month.
We all know the Austin area economy has been strong compared to other areas of the country.
But economists have warned that Austin is not impervious to what is happening economically around the country and around the world.
And the latest numbers may bear that out.
Read more...
Jobs continue to be added, but our un-employment rate rose slightly last month.
We all know the Austin area economy has been strong compared to other areas of the country.
But economists have warned that Austin is not impervious to what is happening economically around the country and around the world.
And the latest numbers may bear that out.
Read more...
Jobless rate for Austin area climbs to 5%
From statesman, December 20, 2008...
The Austin-area job situation weakened in November, as unemployment rose to 5 percent from 3.5 percent a year ago.
But the region still is creating jobs at a 1.6 percent annual rate, although that is a three-year low, the Texas Workforce Commission said Friday.
The local jobless rate is the highest since February 2004, when the region was climbing out of the tech downturn.
Statewide, the unemployment rate rose to 5.7 percent from 4.2 percent a year ago.
Read more...
The Austin-area job situation weakened in November, as unemployment rose to 5 percent from 3.5 percent a year ago.
But the region still is creating jobs at a 1.6 percent annual rate, although that is a three-year low, the Texas Workforce Commission said Friday.
The local jobless rate is the highest since February 2004, when the region was climbing out of the tech downturn.
Statewide, the unemployment rate rose to 5.7 percent from 4.2 percent a year ago.
Read more...
Texas unemployment rate up, despite new jobs
From News 8 Austin, December 19, 2008...
The unemployment rate in Texas edged up in November.
The rate in October was 5.6 percent, last month it went to 5.7 percent. Last year in November the unemployment rate was 4.2 percent.
In Austin and Round Rock, the unemployment rate went up from 3.5 percent in November 2007, and 4.8 percent in October, to 5 percent in November.
The Texas Workforce Commission said the state saw hints of economic recovery from Hurricane Ike with a slight increase in the number of jobs in the southeast.
Read more...
The unemployment rate in Texas edged up in November.
The rate in October was 5.6 percent, last month it went to 5.7 percent. Last year in November the unemployment rate was 4.2 percent.
In Austin and Round Rock, the unemployment rate went up from 3.5 percent in November 2007, and 4.8 percent in October, to 5 percent in November.
The Texas Workforce Commission said the state saw hints of economic recovery from Hurricane Ike with a slight increase in the number of jobs in the southeast.
Read more...
Local jobless rate rises to 5%
From Austin Business Journal, December 19, 2008...
Austin’s unemployment rate hit 5 percent in November as the region struggles under the yoke of recession.
The number of area workers unemployed reached 43,800 in November, up from 41,500 in October and a significant increase from the 30,300 who were unemployed a year ago. The unemployment rate was 4.8 percent in October.
The Austin area’s civilian labor force grew by 15,900 people in the last year. At the same time, the region has only added 12,600 new jobs for a growth rate of 1.6 percent.
Read more...
Austin’s unemployment rate hit 5 percent in November as the region struggles under the yoke of recession.
The number of area workers unemployed reached 43,800 in November, up from 41,500 in October and a significant increase from the 30,300 who were unemployed a year ago. The unemployment rate was 4.8 percent in October.
The Austin area’s civilian labor force grew by 15,900 people in the last year. At the same time, the region has only added 12,600 new jobs for a growth rate of 1.6 percent.
Read more...
Monday, November 24, 2008
12,000 more people unemployed in Austin
From KXAN, November 24, 2008...
Unemployment rates in Austin are on the rise. From October 2007 to October 2008, unemployment rose from 3.5 percent to 4.8 percent. Approximately, 41,500 people are looking for a job in the Austin area compared to 29,600 searching for jobs 12 months ago.
Read more...
Unemployment rates in Austin are on the rise. From October 2007 to October 2008, unemployment rose from 3.5 percent to 4.8 percent. Approximately, 41,500 people are looking for a job in the Austin area compared to 29,600 searching for jobs 12 months ago.
Read more...
Friday, August 15, 2008
Austin unemployment rate hits 4.4%
From Austin Business Journal, August 15, 2008...
Austin's unemployment rate rose to 4.4 percent in July as the metro area saw its job total dip compared with June.
The number of nonfarm jobs in the region totaled 769,600 in July, according to the latest report from the Texas Workforce Commission. That's down 6,600 positions from the month before, or 1 percent. The number of jobs is up 2.1 percent, or 15,800 positions, compared with July 2007. That's a much slower year-over-year growth rate than the region has experienced in recent years.
Read more...
Austin's unemployment rate rose to 4.4 percent in July as the metro area saw its job total dip compared with June.
The number of nonfarm jobs in the region totaled 769,600 in July, according to the latest report from the Texas Workforce Commission. That's down 6,600 positions from the month before, or 1 percent. The number of jobs is up 2.1 percent, or 15,800 positions, compared with July 2007. That's a much slower year-over-year growth rate than the region has experienced in recent years.
Read more...
Tuesday, July 1, 2008
Texas unemployment insurance claims continue to climb
From Austin Business Journal, July 1, 2008...
Initial claims for unemployment insurance in Texas rose last week to 14,608, a 7 percent increase over the prior week.
The number of initial claims for benefits jumped 17 percent compared with the same week in 2007, according to data from the Texas Workforce Commission
Read more...
Initial claims for unemployment insurance in Texas rose last week to 14,608, a 7 percent increase over the prior week.
The number of initial claims for benefits jumped 17 percent compared with the same week in 2007, according to data from the Texas Workforce Commission
Read more...
Sunday, June 22, 2008
Austin unemployment rate jumps to 3.7%
From Austin Business Journal, June 20, 2008...
The unemployment rate in the Austin-Round Rock area is rising.
The number of jobless workers in the region reached 31,900 in May for an unemployment rate of 3.7 percent, up from 3.3 percent a month earlier.
The statewide unemployment rate also spiked, rising from 3.9 percent in April to 4.3 percent in May.
Read more...
The unemployment rate in the Austin-Round Rock area is rising.
The number of jobless workers in the region reached 31,900 in May for an unemployment rate of 3.7 percent, up from 3.3 percent a month earlier.
The statewide unemployment rate also spiked, rising from 3.9 percent in April to 4.3 percent in May.
Read more...
Saturday, April 19, 2008
Texas Unemployment Rates by Metro Area
From KVIA.com April 18, 2008...
Here are the preliminary March jobless rates for local areas in Texas, with revised February numbers in parentheses. The figures are not seasonally adjusted. The statewide unadjusted jobless rate was 4.2% in March, down from 4.3% in February.
View article...
Here are the preliminary March jobless rates for local areas in Texas, with revised February numbers in parentheses. The figures are not seasonally adjusted. The statewide unadjusted jobless rate was 4.2% in March, down from 4.3% in February.
View article...
Subscribe to:
Posts (Atom)
Posts
