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COVID-19 Recession in Texas

Texas is running out of money to pay unemployment benefits. People will still get paid, but businesses may see tax hikes as a result.

Texas Workforce Commission officials say the state will run out of money in May or June. Other economists predict that could happen in as soon as three weeks.

The Parlour Salon in San Marcos closes during the COVID-19 pandemic. April 10, 2020.

Coronavirus in Texas

As the coronavirus spreads across the state, The Texas Tribune is covering the most important health, economic and breaking developments that affect Texans, every day. Watch our Texas unemployment tracker, use our explainer on the coronavirus for essential information, and visit our map tracker for the number of cases, deaths and tests in Texas.

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