Measuring the San Angelo economic system

Casey Jones and Kenneth L. Stewart

The Bureau of Labor Stats (BLS) month to month report on work features a glimpse of the nation’s financial health and fitness. The ultimate report for 2020 confirmed an overall economy on everyday living support as the 12 months finished with 9.8 million much less careers than prior to the COVID-19 pandemic economic downturn strike.

The unemployment rely has also soared throughout Texas. Whilst the finest losses had been in large city places like Houston and Dallas, hundreds of San Angelo workers lost function because of to the virus. In accordance to the most modern BLS estimate, about 3,850 area personnel were being with out work in November past yr. That was a whopping 137% boost in unemployment as opposed to November of 2019.

An Index of Foremost Financial Indicators

Virtually a yr has passed and COVID-19 continue to operates rampant across Texas. But, the rollout of vaccinations gives hope for greater days in advance, despite its frustrations.