VitalAccurateThinking

Recession Watch: Not In Texas

Recession Watch: Not In Texas, Jobless Rate Hits Record Low, Even Construction Sector is Booming:

The Texas jobless rate dropped to 4.1% in February – a low not seen since the mid-1970s, the Texas Workforce Commission reported Thursday.

Anecdotally, I find this to be true. It is difficult to hire qualified applicants and restaurant waiters at high-end restaurants are young and inexperienced. There is construction everywhere around the perimeter beltway and near the new container facility. Now, if I could only say the same for the chemical business.

posted by Jim VAT @ 8:01 AM