Posted 12/26/2023, 12:01:40 PM
Texas Jobs Up, But Inflation Dampens Progress for Many
- Texas touted strong job growth in 2022 but everyday people are struggling with inflation and the high cost of living
- Inflation remains high compared to pre-pandemic levels despite cooling in late 2022
- Food banks are serving record levels of need due to ended pandemic benefits and SNAP backlogs
- Economists forecast slower job growth and potential job losses nationally in 2024
- Dallas-Fort Worth has recovered jobs quickly but inequality persists with many still facing economic hardship