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Local unemployment rate dipped to 5.4 percent in August
Economy
Published in 9-1-2015
    1112 Visits
The Houston area unemployment rate dipped slightly to 5.4 percent in August, down from 5.5 percent the previous month, the Texas Workforce Commission reported Friday. The rate usually moves down each August as school bus drivers, school cafeteria workers and students leave the summer job market and either return to their regular jobs and students go back to school.
Local unemployment rate dips to 4.9 percent
Economy
Published in 9-1-2015
    1090 Visits
The local rate is not adjusted for seasonal factors such as school closings and major holidays which can affect hiring and firing patterns. [...] the local unemployment rate is subject to wide swings.
Houston area unemployment rate ticks down
Economy
Published in 9-1-2015
    474 Visits
In October, Texas added 35,200 seasonally adjusted nonfarm jobs, according to the Texas Workforce Commission. Eight of 11 major industries added jobs in Texas in October, led by the trade, transportation, and utilities industry with 17,500 jobs, the news release stated.
HP cuts 66 jobs in Houston
Economy
Published in 9-1-2015
    1225 Visits

Hewlett-Packard Co. announced it was cutting 66 jobs at its facility on Compaq Center Drive in Houston as part of its "corporate restructuring" efforts, according to a letter the company sent to the Texas Workforce Commission last week. [...] the company said it was ramping up its job cuts "as HP continues to re-engineer the workforce to be more competitive and meet its objectives."

Houston unemployment rate dips as Texas economy shows signs of stress
Economy
Published in 9-1-2015
    1248 Visits
The Houston area unemployment rate dipped slightly to 4.5 percent in November, the Texas Workforce Commission reported Friday. [...] it is adjusted state-wide for typical seasonal factors such as school schedules and major holidays that affect hiring and firing patterns.
Local unemployment rate dipped to 5.4 percent in August
Economy
Published in 2-1-2015
    1174 Visits
The Houston area unemployment rate dipped slightly to 5.4 percent in August, down from 5.5 percent the previous month, the Texas Workforce Commission reported Friday. The rate usually moves down each August as school bus drivers, school cafeteria workers and students leave the summer job market and either return to their regular jobs and students go back to school.
Local unemployment rate dips to 4.9 percent
Economy
Published in 2-1-2015
    398 Visits
The local rate is not adjusted for seasonal factors such as school closings and major holidays which can affect hiring and firing patterns. [...] the local unemployment rate is subject to wide swings.
Houston area unemployment rate ticks down
Economy
Published in 2-1-2015
    1284 Visits
In October, Texas added 35,200 seasonally adjusted nonfarm jobs, according to the Texas Workforce Commission. Eight of 11 major industries added jobs in Texas in October, led by the trade, transportation, and utilities industry with 17,500 jobs, the news release stated.
HP cuts 66 jobs in Houston
Economy
Published in 2-1-2015
    1153 Visits

Hewlett-Packard Co. announced it was cutting 66 jobs at its facility on Compaq Center Drive in Houston as part of its "corporate restructuring" efforts, according to a letter the company sent to the Texas Workforce Commission last week. [...] the company said it was ramping up its job cuts "as HP continues to re-engineer the workforce to be more competitive and meet its objectives."

Houston unemployment rate dips as Texas economy shows signs of stress
Economy
Published in 2-1-2015
    446 Visits
The Houston area unemployment rate dipped slightly to 4.5 percent in November, the Texas Workforce Commission reported Friday. [...] it is adjusted state-wide for typical seasonal factors such as school schedules and major holidays that affect hiring and firing patterns.
Texas reports strong GDP growth
Economy
Published in 4-3-2014
    1247 Visits
While the energy industry contributed the most to economic growth in Texas, durable goods manufacturing - which includes the making of oil and gas field machinery - was also an important factor for the state. Sparsely populated North Dakota grew by 13.4 percent last year, led by energy exploration and production but also helped by strong growth in construction, wholesale trade and transportation ...>>
Tax issues sock personal incomes in U.S., Texas
Economy
Published in 4-3-2014
    556 Visits
Personal income dropped 1.2 percent nationwide during the first quarter which ended March 31 -and dipped 0.9 percent in Texas during that same period - largely because of a couple of unusual tax-related circumstances, the U.S. Bureau of Economic Analysis reported Friday. The holiday - in which employees saw their portion of Social Security taxes cut from 6.2 percent to 4.2 percent during 2011 and ...>>
Clothing and fuel send local price index higher
Economy
Published in 4-3-2014
    1144 Visits
Area residents paid more for clothing, gasoline and college tuition and fees during the two-month period, the bureau reported. "Clothing prices are extremely seasonal, to say the least," said Cheryl Abbot, regional economist with the bureau in Dallas, referring to the 4.9 percent rise between July and August. The increase reflects higher prices for housing, electricity, natural gas and restauran ...>>
Job growth decent for 2014
Economy
Published in 4-3-2014
    1202 Visits
The Houston area is expected to create 65,000 new jobs next year, said Bill Gilmer, director of the Institute for Regional Forecasting at the University of Houston. That represents a year-over-year gain of 2.2 percent. Gilmer, who made his remarks at an annual economic forecasting luncheon Thursday that was attended by more than 800 business leaders, also predicted that the Houston area will end u ...>>
Experts: Nation's economy getting stronger
Economy
Published in 4-3-2014
    1032 Visits

The nation's economic recovery, slow and uneven since the end of the Great Recession, is starting to pick up steam, two economists told the business forecast luncheon Wednesday sponsored by the MIT Enterprise Forum in Houston. Papanyan predicts that business spending will increase in part because some of the uncertainty swirling around the economy was removed when Congress gave its stamp ...>>



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