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Briefing on Unemployment Insurance The Texas Jobs Picture at a Glance Briefing on Unemployment Insurance December 16, 2008 Don Baylor, Jr. Senior Policy.

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Presentation on theme: "Briefing on Unemployment Insurance The Texas Jobs Picture at a Glance Briefing on Unemployment Insurance December 16, 2008 Don Baylor, Jr. Senior Policy."— Presentation transcript:

1 Briefing on Unemployment Insurance The Texas Jobs Picture at a Glance Briefing on Unemployment Insurance December 16, 2008 Don Baylor, Jr. Senior Policy Analyst baylor@cppp.org baylor@cppp.org

2 Job Loss in the U.S. (Dec. 2007-Nov. 2008) 1.9 Million U.S. Workers have lost jobs 3 Million New Unemployed Unemployment up to 6.7% –Underemployment rises to 12.5% Longer periods of joblessness Source: Bureau of Labor Statistics

3 Here’s the Good News Sources: Bureau of Labor Statistics; CPPP Analysis (State of Working Texas 2008)

4 Now the Bad News: Texas Unemployment Soars Recent job growth fueled by now-ailing sectors Largest Metro Areas See Biggest Spikes Economic Development $ at risk: –Skills Development Fund & Enterprise Fund Large rise in underemployment Sources: Texas Workforce Commission, CPPP Analysis.

5 Use of This Presentation The Center for Public Policy Priorities encourages you to reproduce and distribute these slides, which were developed for use in making public presentations. If you reproduce these slides, please give appropriate credit to CPPP. The data presented here may become outdated. For the most recent information or to sign up for our free E-Mail Updates, visit www.cppp.org.www.cppp.org © CPPP Center for Public Policy Priorities 900 Lydia Street Austin, TX 78702 P 512/320-0222 F 512/320-0227

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