Cross Timbers Business Report, Volume 2, Number 3, Spring 1988 Page: 1
The following text was automatically extracted from the image on this page using optical character recognition software:
Cross imbers Business Leport
Volume 2, No. 3
Erath County unemployment still rising
Post-Christmas layoffs pushed the
Erath Countyj obless rate higher in the first two
months of 1988. Although the March ratio
dipped lower, the county's unemployment sta-
tistics remained slightly above the average for
the same three months of the year before. The
rest of the area presented a mixed picture as two
counties reported jobless increases while two
According to the latest estimates from
the Texas Employment Commission both the
STEPHENVILLE BUILDING PERMITS
Building permits rebound
During February the City of Stephenville
issued permits for the construction of kinder-
garten buildings at Central and Chamberlain
Elementary schools. In March a permit was
released for construction of the new Erath
County Jail. This combination helped swell the
dollar value of building permits issued in the
first quarter to $4,298,998, its highest value in
Building permits are widely followed as
indicators of future construction. However,
because building activity authorized by a permit
issued in a single month typically takes several
months to complete, the dollar value of this
indicator often exhibits wide swings within a
year, and strong movement in one or two
months do not necessarily signify higher figures
in later periods.
civilian labor force and the level of employment
decreased during the first quarter as the Erath
County jobless ratio moved from 3.9 percent in
December to 5.3 percent in January to 5.6
percent in February. Although the unemploy-
ment rate eased back to 5.5 percent in March,
this statistic remained above the average of 5.2
percent posed in the first quarter of 1987.
In Bosque County, the jobless ratio rose
from 3.8 percent in January to 5.0 percent in
February, then declined to 4.8 percent in March.
These statistics were slightly higher than the
first quarter average of 4.2 percent posted last
year. Hamilton County's unemployment figure
moved downward from 4.3 percent in January to
4.1 percent in February, but rebounded to 4.7
percent in March. These rates were consistently
above the average of 3.6 percent realized in the
first quarter of 1987.
In Comanche County, the unemploy-
ment rate climbed from 7.0 percent in January
to 7.4 percent in February to 7.7 percent in
March. These statistics compare to an average
ratio of 7.7 percent posted during last year's first
quarter. Eastland County's rate of joblessness
jumped from 6.8 percent in January to 7.3
percent in February, then eased to 7.2 percent in
March. These figures were significantly below
the average of 8.5 percent registered in the
January-March span of 1987.
. .ov . c Jn F.b Mar Ap. r . Jn Jul Aug 8 . O t N ov Dec Jon Feb Mo
1986 1987 198
1984 1985 186 1987 188
- - - - - - - - - - - - - - - %
Here’s what’s next.
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Periodical.
Tarleton State University. Department of Social Sciences. Cross Timbers Business Report, Volume 2, Number 3, Spring 1988, periodical, Spring 1988; Stephenville, Texas. (texashistory.unt.edu/ark:/67531/metapth298179/m1/1/: accessed July 24, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Tarleton State University.