High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  | 

TX Jobless Claims Decline for Fourth Straight Week

Weekly initial unemployment claims in Texas fell to 41,800 in the week ending Oct. 3, bringing the total since March 21 to 3.6 million, the Real Estate Center at Texas A&M reported. This is the fourth straight week of decreases following an upward revision to the previous week’s numbers. 

“Still much work needs to be done as the revision pushed up the numbers, slowing the rate of decrease with respect to previous weeks,” said Real Estate Center research economist Dr. Luis Torres. 

The number of Texans who continue to claim unemployment insurance decreased the week of Sept. 26 to 807,200.

Fewer people in the Houston, Dallas-Fort Worth, and San Antonio metros filed new unemployment claims during the week ending Sept. 26, the third straight week of improvements. New claims also fell in Laredo after increasing the previous week, the Real Estate Center reported.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Read more at Real Estate CenterConnect With Real Estate Center

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Economy