Thursday, March 5, 2009

Texas Jobless Rate Shoots To 6.4% In Jan

As Texas Gov. Rick Perry (R) continues to threaten to reject millions of dollars in federal stimulus money for increased unemployment insurance, Texas lost 75,800 payroll jobs in January, the highest level yet in the current recession, as the dramatic weakening of the global economy slammed Texas.

The jobless rate rose to 6.4 percent from a revised 5.6 percent in December and 4.4 percent in January 2008, the Texas Workforce Commission said Thursday.

Texas employers began cutting jobs in November as the U.S economy’s dive intensified. January was the state’s third consecutive month with job losses. It shed 7,600 jobs in November and 16,200 in December, revised data shows.

Read more in The Dallas Morning News

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