Texas unemployment rate headed toward double digits

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Texas unemployment rate headed toward double digits

Thu, 03/26/2020 - 15:23
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The unemployment rate in Texas is around 9 percent—up from the state’s recent recordlow rate of 3.5 percent in January—as the coronavirus spreads, Comptroller Glenn Hegar said Thursday. Hegar said projections as recently as midMarch had unemployment rates rising to 6 percent. “By the end of the week, no, this thing is worse than that,” Hegar said, speaking on air to the Texas Standard. “It’s up…

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