Comprehensive Real-Time News Feed for Odessa, TX.
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According to STR's consulting & analytics division, hotel tracts dependent on the oil and gas industry continue to see weakened demand as a result of low oil prices. In addition, hotel supply in these regions continues to grow at a strong pace. Comment?
Jobless rates were lower in March than a year earlier in 270 of the 387 metropolitan areas, higher in 98, and unchanged in 19. Nonfarm payroll employment was up in 332 metropolitan areas over the year, down in 51, and unchanged in 4. METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT -- MARCH 2016 Unemployment rates were lower in March than a year earlier in 270 of the 387 metropolitan areas, higher in 98 areas, and unchanged in 19 areas, the U.S. Bureau of Labor Statistics reported today. Ten areas had jobless rates of less than 3.0 percent and 11 areas had rates of at least 10.0 percent. Comment?
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