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Coronavirus in Texas

As economic data lags, Texas reports 4.7% jobless rate for March

The figures predate the widespread business closures and layoffs that occurred in the wake of the pandemic. Analysts estimate the actual rate of jobless Texans is greater than 10%, which could be a record high.

Cars line up at LBJ Early College High School in Austin to receive food and hygiene products from the Central Texas Food Bank’s donation event on April 15, 2020.

“The basic lesson from the Humpty Dumpty story is when he falls off the wall, it’s not very easy to put him back together again. The same thing is true for labor markets.”

— Cullum Clark, George W. Bush Institute

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