The most recent employment data indicates that the pace of hiring in Texas has slowed. In September, 40,700 net new jobs were added, compared to 111,900 in August. Moreover, the unemployment rate rose and is now higher than the national level. While this slowing is not good news, it was not unexpected.
Dr. Perryman walks through the latest report, specifcally in terms of Texas' economic recovery.
Dr. Perryman breaks down the recent employment data and the factors contributing to improvement.
Dr. Perryman explains some indicators of the state's economic recovery.