Post-Holiday Job Losses

Post-Holiday Job Losses, Benchmark RevisionsTo Blame For Typically Weak January Hiring 

(HOUSTON) The Houston area shed a little more than 44,000 jobs in January after accounting for post-holiday seasonal layoffs and annual revisions to the way employment figures are calculated, according to data released today by Workforce Solutions. Only the Financial Activities sector, which includes banks and insurance companies among others, showed growth during the month, adding a modest 300 jobs. “Typically, January will see a big drop in employment due to those two factors,” explained […]