Jobless rate dips in Odessa as outlook remains uncertain
Odessa's jobless rate eased from 7.7 to 7.5 percent in November, with officials saying the move does not signal a trend. Midland also fell to 5.3 percent. TEC analysts foresee a clearer picture in early 1984 as the oil region faces volatility and first quarter hiring. Odessa’s labor force was 74,700 with 69,100 employed. Midland’s labor force rose to 69,400 with more jobs noted.
MENTIONED IN THIS ARTICLE
Odessa
Texas Employment Commission
Frank Kasko
Midland
Kasko
Permian Basin
Paul Adams
TEC
Permian
Texas
Bryan College Station
Laredo
Winter cold grips Permian Basin as temps dip
The Permian Basin continues to thaw and freeze with teens at night as a warming trend fades. El Paso and Marfa enjoy milder days, while Odessa crews spread brine on major streets and highways are treated. Airports report light flights and glazed runways as travel remains hazardous after sunset.
MENTIONED IN THIS ARTICLE
Permian
Roger Mallory
National Weather Service
Midland
Don Coleman
University, Dixie and Parkway
Golder and
Grant Avenues
West County Road
Coleman
Ann Roach
Texas Department of Highways and Transportation
Exxon ruffles Mattox feathers in Texas dispute
Attorney General Jim Mattox says Exxon blocked an out of court settlement of Mobil Oil and a South Texas rancher clash over a 1.7 billion dollar dispute. Exxon owned about 30 percent of the mineral rights on the Duval County land and balked at joining the action. A hearing in Laredo was set for January 4, delaying the deal.
MENTIONED IN THIS ARTICLE
Austin
Jim Mattox
Mobil Oil Corp
Exxon
Mattox
Mobil
South Texas
Clinton Manges
Texas
Laredo
Duval County Ranch Co
Manges
Inflation slows as fourth quarter growth seen at 4.5 percent
The government estimates a 4.5 percent annual growth rate for the unresolved fourth quarter while the Labor Department reports consumer prices up 0.3 percent in November. Analysts say the yearly inflation may be the lowest since wage and price controls began over a decade ago, with 1983 growth potentially at 3.3 percent if the quarter holds.
MENTIONED IN THIS ARTICLE
Associated Press
Labor Department
Commerce Department
Pentagon seeks nearly two trillion dollars for weapons programs
The Pentagon plans 1.96 trillion dollars over five years with 699 billion for weapons systems. Major items include 164 billion for strategic nuclear arms, 25 billion for MX missiles, 18 billion for the B1B bomber, and 21 billion for the Trident submarine. Space programs and advanced weapons rise in cost as production expands.
MENTIONED IN THIS ARTICLE
Boston Globe
Washington
Pentagon
Also Mentioned on This Page
By Laurastone
Santa Claus
Bobby Brown
Deerings West Nursing Center
Lillian Ruth Carpenter
van Willis
Earskin Gibson
Robin Lichtenstein
NWS
Weather Service
Midland Regional
Vince Alvarado
Southwest Airlines
Mike Jackson
Defense Week
Air Force
Defense
Caspar Weinberger
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