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In Houston, Falling Oil Prices Spark Fears Of Job Cuts Beyond Energy - KPLU News for Seattle and the Northwest
In Houston, Falling Oil Prices Spark Fears Of Job Cuts Beyond Energy KPLU News for Seattle and the Northwest According to a model prepared by economists at the Federal Reserve Bank of Dallas, a drop of about 50 percent in oil prices is associated with a 1.2 percent drop in Texas employment. If the model proves correct, Texas stands to lose about 140,000 jobs. |
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