Texas jobless rate at highest level since 1987

[white cloud]

This is the first of four stories looking at the state of Texas infrastructure under the tenure of Rick Perry, the longest-serving governor in state history. This report was written by Patricia Kilday Hart and Gary Scharrer of the Austin bureau.






AUSTIN, Texas

The unemployment rate in Texas jumped to 8.4 percent in July, the highest level since the state was reeling from an energy, real estate and banking crisis 24 years ago, the state's employment agency reported Friday.

The jobless rate increased from 8.2 percent in June, jumping 0.2 in consecutive months for the first time since the state was in a recession in the spring of 2009. The unemployment rate matches the figure from July 1987, but is still below the national unemployment rate of 9.1 percent.

Commission Chairman Tom Pauken said the state "continues to feel the effects of a stagnant national economy."

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http://www.businessweek.com/ap/financialnews/D9P7AEK82.htm

[sonias]

1. Now wouldn't that be Perry's fault?

I mean he's been the Governor of the state for over 12 years. Or is the chickenshit blaming Obama for this one too?

:shrug: