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Old 10-20-2015, 02:23 PM
 
18,126 posts, read 25,269,498 times
Reputation: 16832

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Everybody knows about the layoffs in the oil industry
now I'm seeing a huge surge in crime in Houston

This got me wondering.... what is the unemployment rate in Texas?
In 2015 I don't think I've seen one news source stating the unemployment rate
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Old 10-20-2015, 03:11 PM
 
Location: Upper Kirby, Houston, TX
1,347 posts, read 1,820,257 times
Reputation: 1018
Quote:
Originally Posted by Dopo View Post
Everybody knows about the layoffs in the oil industry
now I'm seeing a huge surge in crime in Houston

This got me wondering.... what is the unemployment rate in Texas?
In 2015 I don't think I've seen one news source stating the unemployment rate
Pretty interesting considering that white collar workers were the ones who primarily got axed, but I'm sure there's some spillover effect onto the blue collar workers as well. Of course it's different for different areas. There's more white collar professionals being laid off in Houston, which will also hurt other retail businesses in a ripple effect, but obviously the situation must be different in Midland or down in the Eagle Ford Shale area south of San Antonio. Either way, I feel like it's too early to really be feeling the worst of that just yet. I noticed Chicago's crime spiked in 2013-2014 when the city was slightly in economic decline for a few quarters, but I'm not sure how directly you could correlate the two situations.
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Old 10-20-2015, 03:42 PM
 
Location: USA
4,433 posts, read 5,344,413 times
Reputation: 4127
Quote:
Originally Posted by Dopo View Post
Everybody knows about the layoffs in the oil industry
now I'm seeing a huge surge in crime in Houston

This got me wondering.... what is the unemployment rate in Texas?
In 2015 I don't think I've seen one news source stating the unemployment rate
Do you have stats ?
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Old 10-21-2015, 02:33 PM
 
738 posts, read 764,457 times
Reputation: 1581
Texas LMCI TRACER, LMCI TRACER

Has the stats. Basically the low was over the Summer at 4% and now it's increasing at 4.4%.

Financial hardship is a major cause of alcohol and drug abuse and domestic dispute. Alcohol and Drug addiction are major causes of domestic disputes. Drug addiction is a major cause of property crime when coupled with financial hardship. They don't call it a vicious circle for nothing.
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