State & Regional

by: News Release & Posted By Staff | newsweb@everythinglubbock.com

Posted: Nov 21, 2020 / 09:45 AM CST/ Updated: Nov 21, 2020 / 09:45 AM CST

(Photo provided by the Federal Reserve Bank of Dallas)

DALLAS (NEWS RELEASE) — The following is a news release from the Federal Reserve Bank of Dallas:

Texas added 102,200 jobs in October, according to seasonally adjusted and benchmarked payroll employment numbers released [Friday] by the Federal Reserve Bank of Dallas.

The state added a revised 46,300 jobs in September and has lost 704,400 jobs year-to-date.

Using a top-down model based on national forecasts, COVID-19 infection rates and oil futures prices, the Dallas Fed estimates the jobs recovery in Texas will decelerate in the last two

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