Pavel Mezihorak for KUT

Austin has been called the most economically segregated city in the nation. Now, the Austin City Council is taking steps to try and bring more jobs to the East Side, an area that’s historically been home to minority populations and the economically disadvantaged.

What Does Texas Manufacturing Need To Bounce Back?

Sep 30, 2015

From Texas Standard: More than 28,000 jobs – that's what the manufacturing sector of Texas lost in the month of August, according to the Federal Reserve Bank of Dallas' manufacturing outlook report.

The nation's unemployment rate moved up a bit in the month of July, to 6.2 percent, as more Americans who'd been sitting on the sidelines started looking for work, according to the latest monthly report released by the Bureau of Labor Statistics. Nonfarm payrolls increased by 209,000 jobs, a bit less than economists had expected.

The global boom in energy production driven by fracking and horizontal drilling is leading to a shortage of skilled workers. A new report by the human resources firm Mercer says two-thirds of oil and gas companies are now poaching employees from their competitors.

"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,"  says Philip Tenenbaum, a senior partner at Mercer. 

He says in some cases, the practice has become quite overt.

Update: Dropbox and Websense will receive economic incentives to expand in Austin.

The Austin City Council voted 5-2 today to offer the two tech companies approximately $700,000 in incentives. The money comes on top of $6 million from the Texas Enterprise Fund.