Local Economic Improvement Shared In KBTX Interview With Dennis Jansen

Oct 16, 2020
Summary: PERC Director Dennis Jansen was interviewed as part of a story on local economic improvement on Thursday, October 15, 2020 on news station KBTX.
 
As shown in the October issue of Economic Indicators, 224 unemployment insurance claims were filed for the week ending on September 24, 2020 – the lowest number of claims filed since mid-March.
 
“The initial unemployment claims really skyrocketed back in March and April, and they’ve gone down quite a bit. But, again, when you compare now to before the pandemic started back in February, we’re still quite a bit higher in terms of initial claims for unemployment benefits,” said Jansen.
 
The unemployment rate for the College Station-Bryan metropolitan statistical area (MSA) also continued to decline in August. “We’ve had a terrible spell of unemployment, a terrible decline in output and GDP, and I think the recovery from that has been slower than what people expected back in March or April, but it’s still pretty fast.” The College Station-Bryan MSA ranked second-lowest among other MSAs in Texas at 4.3%.
 
Economic Indicators is a monthly publication produced by the Private Enterprise Research Center that reports on the national, state, and local economy.
 
To read the October issue of Economic Indicators, click here.
 
To see the full interview on KBTX, click here.