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TEXAS EMPLOYMENT STILL STRONG

By
Real Estate Agent with Lyons Realty
COLLEGE STATION (Real Estate Center) –The state’s seasonally adjusted unemployment rate fell from 5 percent in May 2006 to 4.1 percent in May 2007. Higher oil prices continue to drive the creation of jobs in Texas’ oil and natural gas extraction industry, particularly in the petroplexes of Odessa and Midland. The state’s mining industry, which consists mainly of oil and gas extraction, ranked first in job creation, followed by professional and business services, construction, and the leisure and hospitality industry. Midland had the lowest unemployment rate, followed by Amarillo, Odessa and College Station.
Alix Pinzon
Open Mortgage, LLC NMLS # 2975 - Downey, CA
(562)743-6086

It was only a couple of weeks ago that Brazil reported that they'd discovered an off shore oil field that rivaled that of Saudi Arabia's, why hasn't that brought oil prices down?  Millions more people are conserving more electricity lately, why hasn't that brought oil prices down?  Millions more people are driving hybrids, or other alternative fuel vehicles lately, why hasn't that brought oil prices down?  If the news reports are correct, it's because the Chinese and Indian economies are growing so quickly, that they're using more oil.  Unlike the Germans, another huge importer to the U.S., who are doing more than most to lower their use of the black muck.  That should send a loud message to the U.S. consumers, those who have a conscience, stop buying Chinese, and Indian made products.  Let's start demanding to know more about the companies that make our products.  Work conditions, and emission output!  This is the information age people, but you have to put your money where your mouth is.  Oh, and Chris, it's not surprising that Texas, the Presidents home state, is one of the few states in the union that are prospering these days.  I think that's not only Pathetic, but consistant with all the other ways this president has raped this country. 

Nov 23, 2007 05:40 PM