Texas’ unemployment rate rises to 8.1%

Texas’ unemployment rate rises to 8.1%

Dec 18, 2020

274 Views

0 comments

The job market had started to recover after the massive slump between March and May. However, with the rise in cases on again, things have started to look quite challenging once again. The unemployment rate in Texas jumped from 6.9% in October to 8.1% in November."There’s clearly evidence the Texas economy is under stress,” said Bernard “Bud” Weinstein, an economist at Southern Methodist University. “Partly, that’s because of the rising number of COVID cases and the continued layoffs in the oil patch. There’s also a low level of job creation and, at the same time, more people are looking for work.” To read more about this, click here

Previous days news

Comments

    Article
    Nursing Job Openings

    It’s no secret that the healthcare sector has been reigning in all its powers over the years, parti ...

    COVID-19 - 6 Challenges Staffing Firms Are Likely to Face

    Most industries have severely suffered in the ongoing pandemic with a few exceptions, like healthca ...

    How you can pay off student debt while you work

    Student loan debt is a crisis that has been making its way through The United States for quite some ...

    Tips to Write Job Descriptions That Will Attract the Best Candidates

    Just as the candidates need the right jobs to secure their future, the companies also need the righ ...

    Show more news