Illustrations by Emily Albracht. Texas Workforce Commission Values: Community, Responsibility, Innovation, Accountability, Commitment to Excellence and Partnership. Over the past month, the Texas economy lost 1,298,900 nonfarm positions. For questions, compliments or complaints, call 800-628-5115. According to the BLS current population survey (CPS), the unemployment rate for Texas rose 1.5 percentage points in September 2020 to 8.3%. At a time when newsroom resources and revenue across the country are declining, The Texas Tribune remains committed to sustaining our mission: creating a more engaged and informed Texas with every story we cover, every event we convene and every newsletter we send. Correction: An earlier version of this story listed state sales tax revenue incorrectly. Alerta contra presuntos estafadores. Texas job growth data is also available. In May, Texas saw a decrease in the state unemployment rate to 13.0 … Prescribing solutions for the economic issues in Texas, however, does not start with the economy, said John Francois, a professor of economics at West Texas A&M University. Your taxable wages are the sum of the wages you pay up to $9,000 per employee per year. That was reflected in the oil-rich Permian Basin. The number of people unemployed in Texas peaked in May 2020 at 1,753,204. Disclosure: The Texas Comptroller of Public Accounts has been a financial supporter of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. Oct. 16, 2020 But the state and the country can do both, Francois said. The week ending Oct. 17, a total of 50,819 Texans filed initial applications for unemployment relief. The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters. Edcouch-Elsa 34, Rio... First and Goal: Thursday 10/22 - Scores and Highlights. This is good news, but the unemployment rate is still … For questions, compliments or complaints, call 800-628-5115. “It’s a health issue,” Francois told The Texas Tribune. “Our office continues to be an essential resource to our Texas employers by providing them with relevant information as they continue to move forward during these unprecedented times.”. Do you value our journalism? Friday’s announcement provides what could be the clearest snapshot of the Texas economy ahead of the Nov. 3 election. The airline industry has been particularly hard hit in recent weeks. “One outcome we definitely know is that when you slow down the spread of the virus, you get a healthy population that can go out to eat, to Walmart and stores to buy whatever they need,” Francois said. Harlingen 21, McAllen Memorial 6 In September, Texas collected $2.6 billion in sales tax revenues, down 6.1% from what the state collected in September 2019. “We’re going to be here for a little while," he said. In the year since then, the state has faced the coronavirus pandemic and, as a result, some of the worst-ever months for the state’s economy, including a 13.5% unemployment rate in April. In April, all major industries in Texas experienced job loss over the month. “The Texas unemployment rate continues to move in a positive direction as job seekers and employers adjust to current challenges,” said TWC Chairman Bryan Daniel. Greg Abbott earlier this year. The Lubbock MSA recorded the third lowest rate of 9.9 percent. Financial supporters play no role in the Tribune's journalism. Significant stimulus legislation for businesses and individuals could work in conjunction with a countrywide plan to curb the coronavirus. Since March, more than 3.6 million Texans have applied for unemployment relief. The Texas Workforce Commission is a state agency dedicated to helping Texas employers, workers and communities prosper economically. Unemployment claims are updated each Thursday with data from the U.S. Employment and Training Administration and the Texas Workforce Commission. Brownsville Veterans 14, PSJA Southwest 13 Deaf, hard-of-hearing or speech-impaired customers may contact TWC through the relay service provider of their choice. According to the BLS current population survey (CPS), the unemployment rate for Texas rose 1.5 percentage points in September 2020 to 8.3%.The state unemployment rate was 0.4 percentage points higher than the national rate for the month. The Texas unemployment rate rose to 8.3% in September, the Texas Workforce Commission said Friday, surpassing the national unemployment rate of 7.9% and returning the state to the unemployment levels of the Great Recession. Peter Rodriguez, dean of the Jesse H. Jones Graduate School of Business at Rice University, called the increase “evidence that we didn’t take the short route out of the recession.”. “So fundamentally, we cannot just throw economic solutions at it.”. The unemployment rate in Texas peaked in April 2020 at 13.5% and is now 5.2 percentage points lower. Equal opportunity is the law. Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labor’s Bureau of Labor Statistics. AUSTIN – With Texas’ unemployment rate falling to 6.8%, Texas will no longer have access to additional unemployment insurance benefits that would have kicked in … Para los residentes que viven o transitan cerca de la calle Trenton y Bicentennial. Peter Rodriguez, dean of the Jesse H. Jones Graduate School of Business at Rice University, called the increase “evidence that we didn’t take the short route out of the recession.”. Financial supporters play no role in the Tribune's journalism. The airline industry has been particularly hard hit in recent weeks. The total revenue for July, August and September this year was down 2.5% compared to the same period in 2019, according to Texas Comptroller Glenn Hegar. No warranty or guarantee of accuracy is offered or implied. “So fundamentally, we cannot just throw economic solutions at it.”. In August, the Professional and Business Services sector added 33,200 jobs, Trade, Transportation and Utilities added 28,800 jobs and Government added 25,000 jobs. Friday’s announcement provides what could be the clearest snapshot of the Texas economy ahead of the Nov. 3 election. Find a complete list of them here. “But there doesn’t appear to be any stimulus money coming soon,” Contreras said. Find a complete list of them here. “But there doesn’t appear to be any stimulus money coming soon,” Contreras said.
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