Texas Tech University

August unemployment rate in Texas drops to 6.8%, lowest level since coronavirus shutdowns


September 18, 2020

The Texas Tribune - The U.S. Labor Department on Friday announced Texas' unemployment rate for August fell to 6.8%. That is still far above pre-pandemic levels, underscoring a summer of steady joblessness for many Texans.

On Thursday, in another attempt to energize the economy, Abbott again began loosening restrictions for restaurants and other businesses in most regions of Texas. Retail stores, restaurants and office buildings, which have been allowed to open at 50% capacity, will be permitted to expand to 75% capacity. Hospitals will be allowed to offer elective procedures again and nursing homes can reopen for visitations under certain standards.

It's too soon to tell what impact Abbott's moves will have on the economy, but Tim Fitzgerald, an economist at Texas Tech University, hopes the trend of Texans entering the workforce continues.

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