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The higher unemployment rate is a reflection of an expanding labor force, which has been bolstered by rising domestic migration into the state and more native residents opting to remain in Texas ...
Texas Workforce Commission headquarters The Texas Workforce Commission (TWC) is a governmental agency in the U.S. state of Texas that provides unemployment benefits and services related to employment to eligible individuals and businesses.
The state has yet to return to its pre-pandemic unemployment rate of about 3.5%, even as it leads the country in new jobs created. However, state economic experts say the unemployment rate is an ...
Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia [4] and Puerto Rico [5] is from June 2023 and September 2021, respectively. Data for Guam is from September 2019, and data for American Samoa is from 2018. Data for the Northern Mariana Islands is from April 2010 (more than ten years old) it is included but ...
Economy of Texas. The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.636 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
If you've recently lost your job in Texas, you may be eligible for Texas Unemployment Insurance benefits. This is a guide to filing your claim for Texas unemployment benefits. Since each situation ...
However, state economic experts say the unemployment rate is an indicator of Texas’s rapidly growing population and labor force. Texas’ unemployment rate is among the nation’s worst — but ...