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Texas loses 40,600 jobs in June; jobless rate rises to 7.5 percent
Dallas Morning News ^ | July 17, 2009 | Brendan Case

Posted on 07/17/2009 6:24:53 PM PDT by dragnet2

State job losses accelerated in June, as Texas employers slashed payrolls by 40,600, according to data released Friday by the Texas Workforce Commission.

The Texas unemployment rate rose to 7.5 percent in June, the highest rate in more than 16 years.

The state's payrolls shrank by 2.6 percent during the first six months of the year, a slightly faster rate of decline than the 2.5 percent fall in the nation as a whole.

Last month, the trade, transportation and utilities category, which includes the retail business, shed 21,700 jobs. Payrolls shrank by 11,900 jobs in professional and business services.

Manufacturing employment fell by 10,300 jobs, while the construction industry shed 10,200 jobs.

In the Dallas-Fort Worth area, the jobless rate rose to 8.2 percent compared to 7.1 percent in May.

(Excerpt) Read more at economywatchblog.dallasnews.com ...


TOPICS: News/Current Events; US: Texas
KEYWORDS: economy; layoffs; texas; tx2009
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To: wayoverthehill
Costs to Texas?

Just the illegal factor alone, will cause Texas to eventually implode.

41 posted on 07/21/2009 8:56:04 PM PDT by dragnet2
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To: TWohlford
Half the unemployment rate of Michigan.

You might take another look at certain Texas counties.

42 posted on 07/21/2009 9:20:30 PM PDT by dragnet2
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