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Texas weekly unemployment claims hit nearly 130,000 at start of JulyTexas weekly unemployment claims hit nearly 130,000 at start of Julyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=245692020-07-10T05:00:00Z2020-07-10T15:00:00Z

​​​​​​​​COLLEGE STATION – Initial unemployment claims in Texas shot up last week to almost 129,800 as the number of COVID-19 cases in Texas continued to increase.

The week ending July 4 was the worst for​ new claims since the week of May 16th.

Since March 21, nearly 2.8 million claims were filed in Texas, according to data from the U.S. Department of Labor (DOL). 

​Continuing unemployment claims decreased the week of June 27 to 1.21 million.​​

"Further waves of infections can reverse increased mobility and spending, affecting the path to recovery," said Real Estate Center Research Associate Paige Silva. "The second wave of COVID-19 cases in Texas has already prompted a partial scaling back of the reopening and a pause in future reopening plans.​ 

"The rise in initial claims does not bode well for a full recovery at a time when COVID-19 cases continue to increase."

Using data from the DOL and the Employment and Training Administration, the Center estimates that from March 21 to June 27, over 609,000 seasonally adjusted claims were filed in Houston-The Woodlands-Sugar Land. 

Houston registered the largest accumulated number of initial unemployment claims by any Texas metro during that 15-week period.

​Here are Center estimates for the other three major and the four border metros during that time:

  • Dallas-Fort Worth-Arlington, 599,900 claims;

  • San Antonio-New Braunfels, 188,200 claims;

  • Austin-Round Rock, 167,400 claims;

  • McAllen-Edinburg-Mission, 68,600 claims; 

  • El Paso, 62,800 claims;

  • Brownsville-Harlingen, 30,200 claims; and

  • Laredo, 18,900 claims.

In Texas, accommodation and food services, retail trade, and administrative/support/waste management/remediation services were the sectors with the greatest number of new unemployment claims in the week ending June 27. 

In the U.S., initial unemployment claims over the past 16 weeks ticked up to nearly 50 million, but weekly numbers are declining. Continuing claims decreased for the fifth straight week during the last week of June.

Texas logoThe Real Estate Center has a wealth of economic information online for free.

​Source: Real Estate Center


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