unemployment

Zoom, a hallmark of pandemic life, is laying off some 1,300 employees, or about 15% of its workforce. CEO Eric Yuan said he and other executives will take pay cuts and forgo bonuses.

The once-invincible tech sector is trending in the opposite direction.

The state set a record for the number of employed people for 14 consecutive months.

Baby boomers and Generation Xers who lived through the dot-com crash had their views of the industry shaped by the experience.

From calling creditors to announcing your job loss on social media, a solid game plan can make a layoff sting a lot less.

Many people say the state has erred. Advocates have taken the state to court for being overaggressive and not providing due process.

The Texas Workforce Commission reports the state’s share of unemployed workers shrank to 5.4% in October, down from 5.6% in September.

Texas ranked 50th out of 53 states and districts in its funding for unemployment, and it has collected about a third of what the federal government says it needs to.

The unemployment rate in Texas was 6.9% in March, which is more than double the record low of 3.4% in May 2019. The extra $300 federal benefit will end June 26 for jobless Texans.

U.S. employers added 266,000 jobs last month, far fewer than analysts had expected. The unemployment rate rose to 6.1%.