Tag: Texas Economy

Texas economy creates 33,200 jobs

Texas economy creates 33,200 jobs

Texas economy resilient despite headwinds, says economist Vance Ginn Despite oil prices dropping by half in late 2014, the Texas economy keeps creating jobs, according to the latest U.S. Bureau of Labor Statistics report. Texas gained 33,200, the third-highest, though its unemployment rate also ticked up, to 4.3 per cent from 4.2 per cent. Unemployment rates rose […]

Job cuts in 31 US states – oil and gas industries take hit

Job cuts in 31 US states – oil and gas industries take hit

Job cuts numbers highest in Texas, followed by Oklahoma Employers in 31 U.S. states cut jobs last month as weak economic growth weighed on hiring and a slowdown in oil and gas drilling caused big job losses in some states. The Labor Department said Tuesday that unemployment rates rose or were unchanged in 27 states […]