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Governor’s tweet: Inaccurate or a breach of confidentiality?

Posted: 14 hours ago

A tweet sent Wednesday by Gov. Greg Abbott might have violated rules on the confidentiality of workforce numbers prior to their official release. “The Texas unemployment rate is now the lowest it’s been in 40 years & Texas led the nation last month in new job creation,” Abbott said in his tweet. The governor’s office...
Austin-area manufacturers battle tight job market
 A few years ago, John Newman ran into a young man working at a local restaurant. The guy was in a low-skill, low-wage job, but his work hinted at a certain aptitude with his hands and his mind. So Newman, chief financial officer at Athena Manufacturing, struck up a conversation with him. “He ended up being one of the smartest guys in...

Posted: 15 hours ago

A few years ago, John Newman ran into a young man working at a local restaurant. The guy was in a low-skill, low-wage job, but his work hinted at a certain aptitude with his hands and his mind. So Newman, chief financial officer at Athena Manufacturing, struck up a conversation with him. “He ended up being one of the smartest guys in...
As Austin nursing shortage grows, traveling nurses help fill gap
 It took months for Ashley Senatus to find her first nursing job, and she loved the colleagues and managers with whom she worked over the next three-plus years. She just couldn’t ignore her curiosity and sense of adventure. So rather than settle into a nursing career in her hometown Miami, she signed on with Cross Country Staffing, one...

Posted: 18 hours ago

It took months for Ashley Senatus to find her first nursing job, and she loved the colleagues and managers with whom she worked over the next three-plus years. She just couldn’t ignore her curiosity and sense of adventure. So rather than settle into a nursing career in her hometown Miami, she signed on with Cross Country Staffing, one...
Austin jobless rate at 2.6% as employers add jobs, labor force shrinks
 A surge in local job creation and an unusual contraction in the labor force combined to help send the Austin-area unemployment rate to its lowest point in almost 17 years. The metro-area jobless rate dropped to 2.6 percent in October, down from 2.9 percent the prior month and to its lowest point since it hit 2.3 percent in December 2000,...

Posted: 21 hours ago

A surge in local job creation and an unusual contraction in the labor force combined to help send the Austin-area unemployment rate to its lowest point in almost 17 years. The metro-area jobless rate dropped to 2.6 percent in October, down from 2.9 percent the prior month and to its lowest point since it hit 2.3 percent in December 2000,...
As Austin nursing shortage grows, traveling nurses help fill gap
 It took months for Ashley Senatus to find her first nursing job, and she loved the colleagues and managers with whom she worked over the next three-plus years. She just couldn’t ignore her curiosity and sense of adventure. So rather than settle into a nursing career in her hometown Miami, she signed on with Cross Country Staffing, one...

Posted: a day ago

It took months for Ashley Senatus to find her first nursing job, and she loved the colleagues and managers with whom she worked over the next three-plus years. She just couldn’t ignore her curiosity and sense of adventure. So rather than settle into a nursing career in her hometown Miami, she signed on with Cross Country Staffing, one...
Study: Dramatic rise of digital skills should shift job-training focus
 A really nice black-and-white print. It’s about all Jana Birchum misses about analog photography. “Otherwise, to hell with it,” Birchum said. “It was a lot of standing around in the dark with smelly chemicals.” These days, she and most of her professional photographer peers are happy to leave darkrooms in the...

Posted: 3 days ago

A really nice black-and-white print. It’s about all Jana Birchum misses about analog photography. “Otherwise, to hell with it,” Birchum said. “It was a lot of standing around in the dark with smelly chemicals.” These days, she and most of her professional photographer peers are happy to leave darkrooms in the...
Study: Dramatic rise of digital skills should shift job-training focus
 A really nice black-and-white print. It’s about all Jana Birchum misses about analog photography. “Otherwise, to hell with it,” Birchum said. “It was a lot of standing around in the dark with smelly chemicals.” These days, she and most of her professional photographer peers are happy to leave darkrooms in the...

Posted: 3 days ago

A really nice black-and-white print. It’s about all Jana Birchum misses about analog photography. “Otherwise, to hell with it,” Birchum said. “It was a lot of standing around in the dark with smelly chemicals.” These days, she and most of her professional photographer peers are happy to leave darkrooms in the...
What House tax plan could mean for Texas taxpayers

Posted: 15 days ago

It would take days – and more than a few attorneys – to figure out how the new House tax bill would affect specific individual or corporate taxpayers, but the plan includes some obvious pluses and minuses for Texas taxpayers. Of the proposals included in the bill, two might stand out for Texas residents. The first would cap the...
Tight labor market heightens premium on startups, education, exports
 Austin’s rapid business and population growth have started to stretch its capacity, snarling highways, slowing job growth and making the region less affordable for many of its residents. Yet, the metro area’s ability to sustain its entrepreneurial spark has allowed employers to continue adding jobs, and the region’s potential...

Posted: 28 days ago

Austin’s rapid business and population growth have started to stretch its capacity, snarling highways, slowing job growth and making the region less affordable for many of its residents. Yet, the metro area’s ability to sustain its entrepreneurial spark has allowed employers to continue adding jobs, and the region’s potential...
Hiring surge, especially at schools, drops Austin unemployment rate
 Austin-area workers streamed back into the labor force and, for most of them, directly into jobs during September, pushing the metro-area unemployment rate back down below 3 percent, according to preliminary data released Friday by the Texas Workforce Commission. The number of employed Central Texans surged almost four times faster than the...

Posted: 28 days ago

Austin-area workers streamed back into the labor force and, for most of them, directly into jobs during September, pushing the metro-area unemployment rate back down below 3 percent, according to preliminary data released Friday by the Texas Workforce Commission. The number of employed Central Texans surged almost four times faster than the...
Dallas Fed: Harvey’s economic damage temporary; recovery boosts demand
 It appears Hurricane Harvey will inflict little long-term disruption on the regional economy, which continued to expand at a “moderate pace” over the past six weeks despite the giant storm, according to a report Wednesday from the Federal Reserve Bank of Dallas. In its chapter of the Beige Book, an anecdotal survey of the economy...

Posted: 30 days ago

It appears Hurricane Harvey will inflict little long-term disruption on the regional economy, which continued to expand at a “moderate pace” over the past six weeks despite the giant storm, according to a report Wednesday from the Federal Reserve Bank of Dallas. In its chapter of the Beige Book, an anecdotal survey of the economy...
Gentrification, rising rents put squeeze on more Austin households
 The pressures of gentrification and rising rents grew faster and spread farther in Austin than in comparable metro areas around the country, setting off ripple effects that could raise health care costs and undermine the quality of education for residents throughout the region, according to the authors of a report due out Tuesday. Researchers...

10:40 AM Tuesday, Oct. 10, 2017

The pressures of gentrification and rising rents grew faster and spread farther in Austin than in comparable metro areas around the country, setting off ripple effects that could raise health care costs and undermine the quality of education for residents throughout the region, according to the authors of a report due out Tuesday. Researchers...
Gentrification, rising rents put squeeze on more Austin households
 The pressures of gentrification and rising rents grew faster and spread farther in Austin than in comparable metro areas around the country, setting off ripple effects that could raise health care costs and undermine the quality of education for residents throughout the region, according to the authors of a report due out Tuesday. Researchers...

5:01 AM Tuesday, Oct. 10, 2017

The pressures of gentrification and rising rents grew faster and spread farther in Austin than in comparable metro areas around the country, setting off ripple effects that could raise health care costs and undermine the quality of education for residents throughout the region, according to the authors of a report due out Tuesday. Researchers...
Workforce plans put new emphasis on paid internships, apprenticeships
 It’s gotten so hard to find skilled welders, the factory managers at Dynamic Manufacturing Solutions hung a bell on the wall so they could celebrate their new hires. “We actually found one of these guys recently,” said Jeffrey Cottrell, the firm’s vice president of operations. The guy stopped by to drop off his ré...

10:19 PM Friday, Sep. 29, 2017

It’s gotten so hard to find skilled welders, the factory managers at Dynamic Manufacturing Solutions hung a bell on the wall so they could celebrate their new hires. “We actually found one of these guys recently,” said Jeffrey Cottrell, the firm’s vice president of operations. The guy stopped by to drop off his ré...
Report: SXSW 2017 pumped $348.6 million into Austin’s economy
 South by Southwest contributed $348.6 million to the Austin metro area’s economy in its latest fiscal year, as the growth of the organization and higher attendance costs helped drive a resurgence of economic gains for the region, according to an analysis released Wednesday by festival organizers. While still short of the double-digit...

9:25 PM Wednesday, Sep. 27, 2017

South by Southwest contributed $348.6 million to the Austin metro area’s economy in its latest fiscal year, as the growth of the organization and higher attendance costs helped drive a resurgence of economic gains for the region, according to an analysis released Wednesday by festival organizers. While still short of the double-digit...
CodeNext opens options for garage apartments, but finances a hurdle
 Thirteen years after moving into her three-bedroom home, Valerie Kanak Poynor moved into a new house — one in her own backyard. “At that time I was single, so it made no sense for me to own a three-bedroom house,” Poynor said. “But I couldn’t really afford to move.” She did some research on garage apartments...

5:00 AM Saturday, Sep. 16, 2017

Thirteen years after moving into her three-bedroom home, Valerie Kanak Poynor moved into a new house — one in her own backyard. “At that time I was single, so it made no sense for me to own a three-bedroom house,” Poynor said. “But I couldn’t really afford to move.” She did some research on garage apartments...
Tight labor market, especially in tech, weighs down Austin’s job growth
 The Austin high-tech job market keeps soaking up all the talent it can find, but even the largest sponges reach their saturation point. While a recent report shows local demand for programming and other high-tech workers has remained at some of the highest levels in the nation, the metro area’s tight labor market and its dependence...

9:50 PM Friday, Sep. 15, 2017

The Austin high-tech job market keeps soaking up all the talent it can find, but even the largest sponges reach their saturation point. While a recent report shows local demand for programming and other high-tech workers has remained at some of the highest levels in the nation, the metro area’s tight labor market and its dependence...
Austin-area jobless rate jumps in August as local employers cut jobs
 Austin-area employers cut jobs in August for the first time since at least 2000, sending the local unemployment rate higher, according to preliminary data from the Texas Workforce Commission. The metro-area jobless rate rose to 3.4 percent in August from 3.2 percent the prior month, the first time Austin’s unemployment rose in an August...

3:25 PM Friday, Sep. 15, 2017

Austin-area employers cut jobs in August for the first time since at least 2000, sending the local unemployment rate higher, according to preliminary data from the Texas Workforce Commission. The metro-area jobless rate rose to 3.4 percent in August from 3.2 percent the prior month, the first time Austin’s unemployment rose in an August...
Dallas Fed: Region’s economy sustained momentum prior to Harvey
 A rebound in retail sales and broad-based demand for a wide range of products and services helped sustain a growing regional economy prior to Hurricane Harvey’s arrival, according to a report Wednesday from the Federal Reserve Bank of Dallas. However, some of the report’s weakest notes emerged from areas later hammered by the...

9:22 PM Wednesday, Sep. 06, 2017

A rebound in retail sales and broad-based demand for a wide range of products and services helped sustain a growing regional economy prior to Hurricane Harvey’s arrival, according to a report Wednesday from the Federal Reserve Bank of Dallas. However, some of the report’s weakest notes emerged from areas later hammered by the...
Harvey’s economic impact will be felt statewide, but so will recovery
 The destruction inflicted by Hurricane Harvey struck at the very heart of the Texas economy, shutting down one of the state’s largest shipping and distribution hubs, laying siege to the capital of its energy industry and pummeling some of its favorite tourist destinations. While most of the economic damage will be temporary –...

8:26 PM Wednesday, Aug. 30, 2017

The destruction inflicted by Hurricane Harvey struck at the very heart of the Texas economy, shutting down one of the state’s largest shipping and distribution hubs, laying siege to the capital of its energy industry and pummeling some of its favorite tourist destinations. While most of the economic damage will be temporary –...
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