Texas Tech University

Texas Jobless Claims Increase By Another 254,000

Spectrum News

April 30, 2020

Spectrum News - Another bleak week when it comes to the number of Texans out of work.254,000 filed claims for unemployment last week.

As more non-essential businesses begin to reopen, economists predict those numbers will gradually start to get smaller.

“They're still going to be big and there are still going to be losses. As each week goes by the losses will get a little bit smaller until it plateaus at some level up until we have those things that we need – testing, a vaccine – when the economy after that point would recover probably very quickly,” said Dr. Michael Noel, an economics professor at Texas Tech University. 

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