After five consecutive months of improving jobs numbers, Houston's unemployment rate rose 70 basis points in the past month and now stands at 8.3%, according to the Texas Workforce Commission. While the current unemployment rate is much lower than the high of more than 14% seen this past April, it signals how much the recovery decelerated during the winter months.
Houston's Economic Recovery Takes a Step Backwards, According to Latest Jobs Report
About 48,000 Local Jobs Were Lost in the Past Month
CoStar Analytics
March 17, 2021 | 12:00 P.M.
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