Monday, July 22, 2019

'Red-hot economy': Texas unemployment falls again to new historic low in June via Dallas Morning News

After breaking previous records in May, Texas' unemployment rate once again fell to a new historic low of 3.4% in June, according to the Texas Workforce Commission.

The then all-time low set in May was 3.5%, a number not seen in the state since it started keeping track in 1976.

"It's a red-hot economy," Federal Reserve Bank of Dallas senior economist Pia Orrenius said.

Read more...'Red-hot economy': Texas unemployment falls again to new historic low in June via Dallas Morning News

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