Houston companies reported a sharp decrease in layoffs during the third quarter, with only three companies announcing job cuts. This represents a substantial improvement compared to the same period last year, indicating a strengthening labor market. Despite the overall decline, some sectors like leisure and hospitality experienced job losses in September. However, strong growth in the construction industry and rising wages are positive indicators for the region's economy. Overall, Houston's labor market showed resilience and signs of recovery.
Houston, Texas
https://www.houstonchronicle.com/business/article/houston-layoffs-jobs-wages-22476988.php