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Texas job growth accelerating despite interest rates

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www.youtube.com – FOX 4 Dallas-Fort Worth – 2023-08-22 08:15:08

SUMMARY: According to the latest forecast from the Federal Reserve Bank of Dallas, job growth in Texas is accelerating. The forecast suggests that jobs will increase by about 3% this year, which is significantly higher than the typical 2% growth. The strong job numbers in July and the increase in migration to Texas from states like California contribute to the faster growth. Despite the increase in jobs, the unemployment rate remains unchanged at 4%, indicating a tight labor market. Employers are implementing measures such as shorter work weeks and remote work to attract and retain workers. The proposed property tax cut in Texas could have an impact on the economy, but careful consideration is needed to maintain sustainable funding for important sectors like education and healthcare. Overall, the outlook for job growth in Texas is positive.

The Texas economy is continuing to add a lot of jobs despite higher interest rates. Good Day talked to Pia Orrenius, the vice president and senior economist at the Federal Reserve Bank of Dallas, about the latest data. Our state added 33,500 jobs in July and the forecast for the year calls for a 3% increase. #Texas #jobs #economy

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KPRC 2’s Gage Goulding gives update from Port Lavaca as Beryl approaches

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www.youtube.com – KPRC 2 Click2Houston – 2024-07-06 22:22:18

SUMMARY: Good evening from Port Lavaca, Texas. Currently, it’s a beautiful night, but within 24 hours, tropical storm force winds from Barrel will begin around 2 PM Sunday, with stronger impacts expected by sunset. By Monday morning, Barrel is anticipated to make its third and final landfall near Matagorda Bay and Port Lavaca. Evacuations are underway, and all hotels, including ours in Port O’Connor, are closing. The region could face up to six feet of storm surge. Stay updated via the Click2Houston app and the Storm Tracker app for real-time alerts and live updates. We’ll continue monitoring the situation through the night.

KPRC 2’s Gage Goulding is in Port Lavaca and gives an update on current conditions a day before Beryl is forecasted to make landfall in the area.

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Tropical Storm Beryl: Mandatory evacuation orders issued in parts of Texas

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www.youtube.com – FOX 4 Dallas-Fort Worth – 2024-07-06 21:51:52

SUMMARY: Tropical Storm Barrel is forecasted to become a hurricane before hitting the Texas coast. Residents and officials are preparing through evacuations and securing properties. Acting Governor Dan Patrick expanded the disaster declaration to 121 counties, including parts of North Texas. In Matagorda County, voluntary evacuations are advised, with residents urged to be ready for potential flooding and isolated conditions. Long-time homeowners are securing their homes despite previous storm resilience. Coastal areas can expect high tides and flooding, so officials are stressing the importance of preparation. Fox’s Jade Flurry reports from Matagorda County on these ongoing efforts.

Some Texas communities have issued mandatory evacuation orders before Beryl makes landfall.

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FOX 4 News Crime Files: Week of June 30

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www.youtube.com – FOX 4 Dallas-Fort Worth – 2024-07-06 21:47:43

SUMMARY: A man wanted for a 2022 murder was captured by Richardson police after a “Trackdown” segment aired, thanks to viewer tips. Antoine Franklin, initially arrested for the murder of Devonte Lampkin, had cut off his ankle monitor. The segment helped locate him in a Richardson apartment where he was arrested without resistance. Elsewhere, two men pleaded guilty to robbing Postal Service workers in the DFW area. An Irving Walmart incident saw a man arrested for assaulting a police officer and recording upskirt . Additionally, Ules police are seeking hate crime charges against a woman who attempted to drown a Palestinian-American child.

The top crime stories from the week of June 30, including FOX 4 viewers helping track down a murder suspect, a man allegedly taking upskirt videos assaulting an officer, an arrest made 23 years after a baby was found on the side of the road and a Crowley JROTC teacher allegedly shot by his son.

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