Jobless claims, along with COVID-19 cases, deaths and hospitalizations, are on the rise in Texas. And the social and economic impacts seem to be the greatest in the Houston metropolitan area.
Texas and other small-government Sun Belt states, which were already were limited in their capacity to respond in times of economic crisis, were hit hard by big drops in consumer spending resulting from the coronavirus pandemic. As the second part of the pandemic’s first wave now washes over many of these states, it remains to be seen what effect it will have on their floundering economies.
Dozens of key housing indicators in Houston and Harris County shifted between 2010 and 2018, and in just the past several months the area has been hit by parallel economic and public health crises that have slowed home sales, disrupted the rental market and halted new development, making it even more difficult for many area residents to find affordable housing.
The efforts of demonstrators calling for racial justice for Black Americans has evolved into a global movement to address the economic, environmental, educational and health care disparities created by systemic racism in the United States. A new report compares and ranks the economies of all 50 states in terms of racial equality.