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Tag Archives: Texas jobs

More Texas jobs lost as oil bust continues

More Texas jobs lost to oil bust

More than 1,100 Texas jobs have been cut in the past few weeks, according to reports by the Texas Workforce Commission. Oil major BP plans to cut at least 500 jobs in Harris County this year. The layoffs are expected to happen in June at three Houston locations. BP spokesman Jason Ryan said about 4,000 total upstream jobs will be ...

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Texas service sector accelerates, but concerns about oil prices linger

Texas flag

Texas service-sector activity expanded again in February, according to a report Tuesday from the Federal Reserve Bank of Dallas, but the depressed price of oil curbed sales at several companies and fueled concerns about the impact the energy slowdown could have on the broader state economy. The state revenue index, a key measure of private service-sector activity, ticked up to ...

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