Texas Border Business
The last couple of months have brought major devastation to the nation’s workforce. the employment debacle is apparent in the Bureau of Labor Statistics (BLS) recently released employment figures for April. The BLS report showed that the US. unemployment rate rose from 4.4% in March to 14.7% in April. The tripling of the unemployment rate was driven by job losses in practically all industries. Stay-at-home orders saw teachers, cashiers, machine operators, dishwashers, dentists, and many others lose their sources of income.
The RGV Hispanic Chamber invites you to join a webinar presented by Salvador Contreras, PhD Economics Professor at the UTRGV on Thursday, June 18th at 11:30am to 12:30pm where he will highlight the findings and discuss the implications for the Rio Grande Valley.
In the latest border Business Briefs issue he focuses on April’s toll on Texas given the gravity of the situation and the need for targeted policy response, they analyze the april 2020 Current Population Survey (CPS) to understand who has been affected and to what degree. They show that no group has been spared, as every group and most industries were negatively impacted. The presentation will highlight the findings and discuss implications for the Rio Grande Valley.
You must register to attend this free webinar with Zoom. You will receive a Zoom link two days before the event. For more information call the RGV Hispanic Chamber at 928-0060 or email chamber@rgvhcc.com for information.
