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Texas initial unemployment claims falling but still worrisomeTexas initial unemployment claims falling but still worrisomehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=244032020-06-04T05:00:00Z2020-06-04T17:00:00Z

​​​COLLEGE STATION – In the week ending May 30, nearly 115,900 initial unemployment insurance claims were filed in Texas. That brings the total since March 21 to 2.35 million,​​ according to data from the U.S. Department of Labor (DOL). 

Unemployment claims fell for the sixth straight week after rebounding on April 18.

"The number of initial claims continue to fall steadily, although the numbers are ​​still worrisome, showing the ongoing distress in the labor market," said Real Estate Center Research Economist Dr. Luis Torres.

Using data from the DOL and the Employment and Training Administration, the Center estimates that from March 21 to May 23 nearly 495,000 seasonally adjusted claims were filed in Dallas-Fort Worth. That is the highest of Texas' major metros. 

In Houston, San Antonio, and Austin, an estimated 487,100, 156,000, and 142,900 claims were filed during that time, respectively. 

Along the border, an estimated 53,500, 52,300, 23,700, and 14,900 claims were filed in McAllen, El Paso, Brownsville, and Laredo, respectively. ​

McAllen and Brownsville registered an increase in unemployment claims on May 23, ending the downward trend observed in past weeks.

​​From March 21 to May 23, nearly 11,000 unemployment claims were filed in College Station-Bryan.

Accommodation and food services, administrative/support/waste management/remediation services, and retail trade represented the sectors with the biggest unemployment claims.

Nationwide, 42.6​ million unemployment claims have been filed in the past 11 weeks.

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​Source: Real Estate Center
Real Estate Center
Texas
Employment
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