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Economy Adds 155,000 Jobs in December, Unemployment Rate Stays Even

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The American economy created 155,000 new jobs in December, according to the latest report from the Labor Department. The unemployment rate is 7.8 percent, the same as November.

For the entire 2012 year, the economy added about 1.8 million jobs, or 150,000 per month, meaning December’s job growth was on par for the yearly average. Hurricane Sandy rebuilding seems to have helped the numbers, with construction and manufacturing seeing big gains. Health care and food services also added workers, while state and local governments shed jobs.

The economy is still struggling, though it is recovering, however slowly. The pace of job growth is ahead of population growth, but only barely.

Signals are mixed for how things will go in 2013. Some positive trends in housing, wage growth and working hours are balanced out by higher taxes resulting from Congress’s recent “fiscal cliff” deal and possible large spending cuts coming in the next few months.

Twelve-point-two million people are still out of work, many long-term, which remains the biggest impediment to full economic recovery. At this pace, it would take seven years for the unemployment rate to return to its December 2007 level, the month the Great Recession officially began.

[Labor Dept., New York Times]

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Man With A Gun Causes Scare At East Texas Walmart

A customer saw a man with a gun last Friday night at the Walmart in Sulphur Springs, and it turns out he had been driving a stolen pickup.  It turned out okay, but could have been much worse.

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Category: East Texas News, News Tags: ,
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WrestleMania Is Coming To Texas

WrestleMania is the biggest event of the year for the WWE, and AT&T Stadium in Arlington gets the chance to host it in 2016.

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Tim Boyle, Getty Images
Tim Boyle, Getty Images
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What Does a Lifetime’s Worth of Pennies Get You? Not Much.

There's a man who lives over by Lubbock who has been saving pennies since 1952 and finally cashed them in.  You'll never guess how much cash he got for this lifetime of pennies.

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Category: East Texas News, News Tags: , ,
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Bradley Cooper Stops in Texas to Promote New Film

On Thursday actor Bradley Cooper found out he was nominated for Hollywood's biggest honor, an Oscar.  And the night before that he was in Texas, hanging out at an average, ordinary theater, to promote the film he's nominated for.

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Some Customized License Plates May Be Discontinued

It's a matter of demand.

If there are only a dozen or so people ordering certain customized license plates in Texas, it doesn't justify the cost to keep them going. Which ones are in jeopardy?

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Category: East Texas News, News Tags:
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Texas BBQ Master Gets To Cook on Inauguration Day

When there's a big party in Texas, chances are there's barbecue involved.  And one well-known Texas smokehouse is handling all the food for the Governor's inauguration soon.

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Brian Bahr/Getty Images
Brian Bahr/Getty Images
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Lots Of People Moved to Texas Last Year

There was a huge number of people who left states like New York and New Jersey last year, and Texas received a bunch of them.

When it comes to states people moved to in 2014, Texas is in the Top 10.

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You Don’t Have To Be Wasted To Get A DWI

If you're drinkin' on New Year's Eve, you're not drivin' right?

Heads up that there will be extra patrols on the roads watching tonight.  And it's not just drunk driving that will get you in trouble.  Buzzed driving can have you seeing flashing lights too.

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Spencer Platt/Getty Image
Spencer Platt/Getty Image
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New Device for Christmas? Check Out These Free Apps.

If you got a new smart phone for Christmas, you might be looking for the best apps to load it up.

Free ones, right?  Free is always good.  Here are some ideas.

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Kevork Djansezian/Getty Images
Kevork Djansezian/Getty Images
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These College Bowl Games Are Must-See

It's the most wonderful time of the year...if you love football.

Are you watching the college bowl games?  These are the ones that USA Today says we can't miss.

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Category: East Texas News Tags: ,

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