Texas jobless rate ticks up as Ike recovery nears
The Texas unemployment rate rose to 5.7 percent in November from 5.6 percent in October while the state added 7,300 nonagricultural jobs, signaling continued recovery after Hurricane Ike. Beaumont-Port Arthur saw a notable drop in unemployment from 8.2 percent to 7.8 percent. Commission chairman Tom notes improving Southeast Texas conditions.
MENTIONED IN THIS ARTICLE
Texas
United States
Texas Workforce Commission
Beaumont
Port Arthur
Commission
Tom
Oil glut pressures storage as January crude sinks
A glut in crude storage at Cushing Oklahoma drives January contracts toward five year lows while February futures gain on extended delivery time. Traders scramble for space and note continued oversupply amid the recession driven demand slump, signaling further volatility ahead.
MENTIONED IN THIS ARTICLE
Cushing
Oklahoma
Peter Beutel
Cameron Hanover
New York Mercantile Exchange
Jim Ritterbusch
Ritterbusch and Associates
Ritterbusch
United States
California AG urges court to void Prop 8 ban
California Attorney General Jerry Brown reversed course and urged the state Supreme Court to strike down Proposition 8. He said the amendment restricting marriage to a man and a woman deprives a minority group of a fundamental right and cannot be defended as constitutional.
MENTIONED IN THIS ARTICLE
San Francisco
California
State Supreme Court
Jerry Brown
Brown
Texas November unemployment rates by area and state figures
Preliminary November nonseasonally adjusted unemployment in Texas shows higher rates year over year with McAllen at 8.2 percent. Leisure and hospitality added 4,300 jobs in November, education and health services grew by 2,100, while manufacturing lost 2,200 and information fell by 1,000. Initial claims eased to 89,769 from 110,370 in October.
MENTIONED IN THIS ARTICLE
Texas
U.S
Panken
Commission
McAllen
Odessa Native Leads Salvation Army Holiday Drive
Stocking items arrive as Odessa resident Hughes reflects on community support. He spent his youth here and now runs Santa’s shop after the Salvation Army moved him home from Dallas and Atlanta to lead the effort. He credits numerous helpers and notes the steady stream of aid.
MENTIONED IN THIS ARTICLE
Salvation Army
Jean Hughes
Hughes
Odessa
Dallas
Atlanta
Bush outlines auto bailout amid election transition
President Bush urged rapid reform of auto industry to save jobs as a government rescue funds GM and Chrysler. Obama, one month from taking office, warned reforms must be lasting and include workers. Markets rallied then fell. GM jumped while Ford rose modestly. The deal allows possible government stock ownership and requires wage and work-rule competitiveness. The UAW paused the jobs bank program. GM CFO said funds arrive by December 29 to pay suppliers.
MENTIONED IN THIS ARTICLE
White House
Barack Obama
Obama
United Auto Workers
Congress
Chicago
Wall Street
Bush
Ford
Chrysler
General Motors Corp
Chrysler LLC
Ford Motor Co
UAW
Ray Young
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Pauken
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Seeneves
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Dawson
Fort Worth-Arlington
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Ensvindansonini Peasesanonassenneeeee Do
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Martin Aisi
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Longview
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Ccssssessteessessssees
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Mark Sterkel
Brighton
Hurey
Santa FE Square
Ronnerees Reo
Albert B. Finch
M.D
Texas Ave
ROLEX
Ture, Inc
al Rights
McMinn
Sleep Designs
Jasmine
Aveda
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Oyster Perpet Yacht
Nhames Jewelers
West Wall
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Yacht-Master
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