Houston area shed more than 7K jobs in September, marking second-largest decline in 40 years: Report
The Houston area shed more than 7,300 jobs last month, the second largest decline in nearly 40 years, according to the latest jobs report. The Houston area lost over 7,300 jobs in September, marking the second-largest decline in nearly 40 years, according to the latest jobs report. The biggest declines were in leisure and hospitality, professional and business services, trade, transportation and warehousing, and health services. This drop was attributed to slower job ads and changing school schedules. Economists expect a rebound in the next few months, with retailers adding jobs for the holidays and higher gas prices helping locally. They also predict that rising interest rates could negatively impact job growth, which could reduce spending and lead to job losses. However, they remain confident that more jobs are coming to the Houston area.
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The Houston area shed more than 7,300 jobs last month, the second largest decline in nearly 40 years, according to the latest jobs report.
The Houston area shed more than 7,300 jobs last month, the s... [1968 symbols]
