Texas Hit Hardest In March Unemployment Data

Apr 21, 2015
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WASHINGTON — Unemployment rates fell in 23 U.S. states last month and rose in 12 as employers pulled back on hiring and a slowdown in oil and gas drilling caused big job losses in some states. The Labor Department said Tuesday that unemployment rates were unchanged in 15 states. Thirty-one state lost jobs while hiring picked up in just 18 states.

The biggest job cuts occurred in states with large oil and gas drilling, led by Texas, which lost 25,400 jobs, and followed by Oklahoma, which cut 12,900. Pennsylvania lost 12,700, the third largest loss. A sharp fall in oil prices since last June has caused oil and gas companies to cut back on drilling.

Lower oil and natural gas prices have the petroleum industry laying off tens of thousands of workers. It looks like a decade-long trend of job growth in the U.S. oil business may end.

But there are parts of the country where those job numbers are still rising. Pennsylvania is one of them.

The U.S. Labor Department reports that the latest national unemployment rate is 5-point-5 percent. That’s good news for the economy overall and the sluggish recovery. But if you are still one of those without a job then the unemployment rate is 100%. But for minority communities the recovery has yet to arrive.  A coalition of community and labor groups in Texas is calling for the Federal Reserve to focus on full employment and higher wages for blacks, Latinos, native peoples and others in poor neighborhoods who have been left out of the recovery.

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 Instead of making the poor navigate the dozens of different social welfare programs, would it just be better to cut a check for everyone? 


USAA is hosting a “best practices summit” on Tuesday for companies that want to learn more about hiring veterans.

The day-long event pairs dozens of local employers and hiring consultants with Disney’s Veterans Institute course for employers.

The Disney course is designed to help companies build effective veteran-hiring programs of their own, and to solve the disconnect between job descriptions and the veterans’ experience.