Texas Economy http://kut.org en Austin the 'Nation's Capital of Population Growth' in New Census Data http://kut.org/post/austin-nations-capital-population-growth-new-census-data <p>There’s no shortage of news on&nbsp;<a href="http://kut.org/post/no-surprise-austin-ranks-among-fastest-growing-metros-again">how rapidly Austin is growing</a>, but a new report puts that expansion in a larger context, dubbing Austin "the nation’s capital for population growth."</p><p><a href="http://www.census.gov/newsroom/releases/archives/population/cb14-89.html">New U.S. Census data</a>&nbsp;shows much of the nation's growth is concentrated in Texas, with Austin at the epicenter. Austin-area cities San Marcos, Georgetown and Cedar Park are all recognized for high percentage growth.</p><p>For the city of Austin, that growth meant 21,000 new residents between 2012 and 2013. State Demographer Lloyd Potter says it doesn't look like that growth will slow down anytime soon.</p><p> Thu, 22 May 2014 19:54:46 +0000 Kelly Krupa & Laura Rice 10477 at http://kut.org Austin the 'Nation's Capital of Population Growth' in New Census Data Oil and Gas Companies Are Now Poaching Employees From Each Other http://kut.org/post/oil-and-gas-companies-are-now-poaching-employees-each-other <p>The global boom in energy production driven by <a href="http://stateimpact.npr.org/texas/2014/05/05/lawsuit-highlights-concern-over-air-quality-and-shale-drilling/">fracking</a>&nbsp;and horizontal drilling is leading to a shortage of skilled workers. A <a href="http://www.businesswire.com/news/home/20140506006268/en/Retirement-Wave-Technical-Skills-Gap-Threaten-Oil#.U2l7Zq1dUyw">new report</a> by the human resources firm <a href="http://www.imercer.com/content/mercer-about-us.aspx">Mercer</a> says two-thirds of oil and gas companies are now poaching employees from their competitors.</p><p>"The industry seems inclined when an individual is trained and developed by a competitor to, especially in the first five years of employment, go after that key talent, as opposed to training and developing their own,"&nbsp;<span style="line-height: 1.5;">&nbsp;says Philip&nbsp;</span><span style="line-height: 1.5;">Tenenbaum, a senior partner at</span><span style="line-height: 1.5;">&nbsp;Mercer.&nbsp;</span></p><p><span style="line-height: 1.5;">He says in some cases, the practice has become quite overt. &nbsp;</span></p><p> Wed, 07 May 2014 00:43:58 +0000 Nathan Bernier 10368 at http://kut.org Oil and Gas Companies Are Now Poaching Employees From Each Other Texas' Income Gap Widens as Minority Populations Grow http://kut.org/post/texas-income-gap-widens-minority-populations-grow <p>President Barack Obama delivers his State of the Union address tonight. He’s expected to make a big deal about economic mobility and reducing income inequality in the U.S.</p><p>But the challenges are substantial when it comes to narrowing the divide.&nbsp;Texas has the eighth&nbsp;highest level of income inequality, &nbsp;based on 2010 Census data.</p><p>"In terms of Texas, we have a lot of upper end income inequality," says <a href="http://www.shsu.edu/academics/economics-and-international-business/faculty/mark-frank.html" target="_blank">Mark Frank,&nbsp;an economics professor</a> at Sam Houston State University. "We have a lot of income inequality because we have the top 1 percent or .01 percent."</p><p><iframe frameborder="no" height="166" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/131732268&amp;color=ff5500&amp;auto_play=false&amp;show_artwork=true" width="100%"></iframe></p><p> Tue, 28 Jan 2014 14:41:39 +0000 Veronica Zaragovia 9655 at http://kut.org Texas' Income Gap Widens as Minority Populations Grow Abbott Would Limit State and Local Spending as Governor http://kut.org/post/abbott-would-limit-state-and-local-spending-governor <p>The leading Republican in the race to be the next Texas Governor has released his first major policy plan of the campaign. Attorney General Greg Abbott’s “<a href="http://townhall254.gregabbott.com/forum/working-texans/">Working Texas</a>” plan includes several proposals for restraining state and local government spending.&nbsp;</p><p><span style="line-height: 1.5;">Parts of the plan are a nod to proposals in Governor Rick Perry’s 2012 Texas Budget Compact. That includes linking the state’s constitutional spending cap to population growth and inflation instead of growth in personal incomes.</span></p><p> Wed, 30 Oct 2013 16:16:20 +0000 Ben Philpott 9051 at http://kut.org Abbott Would Limit State and Local Spending as Governor