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
Thursday, March 5, 2009
Wednesday, March 4, 2009
One In Five Mortgages Under Water, Plus 697,000 Jobs Lost In February
Reuters - U.S. private sector job losses accelerated in February, according to a report by ADP Employer Services that suggests hefty employment declines are on the way in the government's payrolls report due on Friday. (more...)
Washington Post - One in five U.S. homeowners who have mortgages-- or about 8.3 million people -- owed more on their homes at the end of 2008 than their homes were worth, according to data released today by First American CoreLogic. (more...)
Washington Post - One in five U.S. homeowners who have mortgages-- or about 8.3 million people -- owed more on their homes at the end of 2008 than their homes were worth, according to data released today by First American CoreLogic. (more...)
Tuesday, March 3, 2009
People Are Not The Only Ones Who Suffer When The Family Home Is Foreclosed
According to data from Foreclosure Listing Service (FLS) Inc., foreclosure postings filed for auction at North Texas' four primary county courthouses — Dallas, Tarrant, Collin and Denton — reached an all-time high during the first quarter of 2009. (Although the first quarter will technically end on March 31, foreclosure auction filings must be filed at the courthouse the previous month before the auctions take effect.)
FLS statistics show that 13,259 foreclosure auction postings were filed at Dallas-Fort Worth area courthouses by the end of February in advance of the "first quarter 2009 foreclosure auction," a record high according to FLS. And, for the upcoming month of March alone, FLS data shows an additional 4,276 foreclosure postings will likely be filed.
Family pets across the U.S. and North Texas are finding hardship in this economic crunch too. Dog and cat surrenders to municipal pounds, and rescue organizations are on the increase. If you have a little extra space in your heart and your house, please consider adopting one of these economic refugees. Here are just of few of the German Shepherd Dogs turned over to the Good Shepherd Rescue Organization of North Texas.
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FLS statistics show that 13,259 foreclosure auction postings were filed at Dallas-Fort Worth area courthouses by the end of February in advance of the "first quarter 2009 foreclosure auction," a record high according to FLS. And, for the upcoming month of March alone, FLS data shows an additional 4,276 foreclosure postings will likely be filed.
Family pets across the U.S. and North Texas are finding hardship in this economic crunch too. Dog and cat surrenders to municipal pounds, and rescue organizations are on the increase. If you have a little extra space in your heart and your house, please consider adopting one of these economic refugees. Here are just of few of the German Shepherd Dogs turned over to the Good Shepherd Rescue Organization of North Texas.
    | Charlie Charlie is a handsome black and tan German Shepherd believed to be about 5 years old. He is another victim of the economic crunch. His family tearfully gave him up as they prepared to move back with family. Good Shepherd Rescue of North Texas katerbug@mindspring.com |
    | Cici CiCi is a victim of the economic times - her family needs to sell their house and relocate and can't take her with them. Cici is another calm, affectionate girl who easily adapts to new situations. So far we know she gets along well with other dogs, rides well in the car, is housebroken and she knows a few commands. She was also a favorite at the vet's! Good Shepherd Rescue of North Texas katerbug@mindspring.com |
    | Uno Uno is another victim of the economic times - her family must sell their house and they can't take her with them. Uno is a 10 month old huge silly pup that needs someone to spend time with him and give him the attention he needs and deserve. Good Shepherd Rescue of North Texas katerbug@mindspring.com |
    | Sapphire Sapphire is a 2-3 year old white German Shepherd female. Her former owner went to jail and Sapphire wound up in the shelter. We are impressed with Sapphire's gentle nature and good manners. She is a delightful dog. She hopped right up into the car and rode "shotgun" all the way home. Good Shepherd Rescue of North Texas |
    | Maximus Poor Max was left at the shelter by his family because they couldn't keep him. He is very depressed due to the sudden loss of his home and family. Good Shepherd Rescue of North Texas |
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