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Houston jobless rate dips in March
Economy
Published in 6-6-2015
    664 Visits
The local unemployment rate is not adjusted for seasonal factors such as holidays and school schedules that affect hiring and firing patterns. Of the 11 major sectors, seven reported job losses including construction, manufacturing, oil and gas exploration and production, professional and business services and trade transportation and utilities.
Reference: www.chron.com
Houston jobless rate dips to 4 percent
Economy
Published in 6-6-2015
    1267 Visits
The Houston-area unemployment rate dipped to 4 percent in April, down from 4.2 percent in March, the Texas Workforce Commission reported Friday. The local rate is not adjusted for seasonal factors such as major holidays and school schedules, which typically affect hiring and firing patterns. The statewide rate, which is adjusted for those seasonal factors, remained steady at 4.2 percent, the commi ...>>
Reference: www.chron.com
HP cuts 66 jobs in Houston
Economy
Published in 30-5-2015
    1305 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."

Reference: www.chron.com
Houston unemployment rate dips as Texas economy shows signs of stress
Economy
Published in 30-5-2015
    493 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.
Reference: www.chron.com
Local jobless rate dips to 4.1 percent
Economy
Published in 30-5-2015
    1121 Visits
The biggest gainers included professional and business services, government and education and health care. Oil and gas exploration and production employment rebounded in December, adding 4,900 jobs after a loss of 2,400 positions in November, the commission reported.
Reference: www.chron.com
Houston jobless rate dips in March
Economy
Published in 30-5-2015
    921 Visits
The local unemployment rate is not adjusted for seasonal factors such as holidays and school schedules that affect hiring and firing patterns. Of the 11 major sectors, seven reported job losses including construction, manufacturing, oil and gas exploration and production, professional and business services and trade transportation and utilities.
Reference: www.chron.com
Houston jobless rate dips to 4 percent
Economy
Published in 30-5-2015
    797 Visits
The Houston-area unemployment rate dipped to 4 percent in April, down from 4.2 percent in March, the Texas Workforce Commission reported Friday. The local rate is not adjusted for seasonal factors such as major holidays and school schedules, which typically affect hiring and firing patterns. The statewide rate, which is adjusted for those seasonal factors, remained steady at 4.2 percent, the commi ...>>
Reference: www.chron.com
Texas reports strong GDP growth
Economy
Published in 4-3-2014
    4899 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 ...>>
Reference: www.chron.com
Tax issues sock personal incomes in U.S., Texas
Economy
Published in 4-3-2014
    4060 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 ...>>
Reference: www.chron.com
Clothing and fuel send local price index higher
Economy
Published in 4-3-2014
    4490 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 ...>>
Reference: www.chron.com
Job growth decent for 2014
Economy
Published in 4-3-2014
    4441 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 ...>>
Reference: www.chron.com
Experts: Nation's economy getting stronger
Economy
Published in 4-3-2014
    3727 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 ...>>

Reference: www.chron.com


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