Unemployment

Jobs
8:19 am
Fri August 1, 2014

Unemployment Ticks Up To 6.2 Percent; 209,000 Jobs Added

Construction workers building a commercial complex Thursday in Springfield, Ill., earlier this month. The sector has been on a gradual rebound following a devastating hit during the housing collapse in 2008.
Seth Perlman AP

Originally published on Fri August 1, 2014 7:44 am

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.

Read more
Business
7:43 pm
Tue May 6, 2014

Oil and Gas Companies Are Now Poaching Employees From Each Other

Oil rigs and tankers off the coast of Galveston
Credit https://flic.kr/p/xzPDU

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.  

Read more
Politics
10:48 am
Mon January 13, 2014

Unemployment Drug-Testing Law Delayed

Marjorie Kamys Cotera/Texas Tribune

Texans applying for unemployment benefits will be subject to a new drug screening procedure in a program scheduled to take effect Feb. 1. But the Texas Workforce Commission said it will not be able to start the program on the state’s timetable because the United States Labor Department has not set the required parameters.

As proponents of the program raise concerns about the Labor Department’s progress, the Workforce Commission is preparing for the testing without knowing who will be tested.

Read more
Austin
8:27 am
Tue June 18, 2013

OneWest Bank to Lay Off More Than 700 Workers in Austin

A business in Austin is laying off hundreds of employees. OneWest Bank has notified the Texas Workforce Commission that intents to lay off more than 700 employees in Austin.

The California-based company is a mortgage services provider with offices in the Domain complex.

Read more
Politics
2:55 am
Wed May 22, 2013

Bill on Drug Testing of State Aid Recipients Gets Initial Approval

Texas House lawmakers tentatively passed a bill that would require drug testing of people getting unemployment benefits.
Veronica Zaragovia for KUT News

Story as it aired on KUT 90.5 FM

Update (May 25, 2013):  
Both the House and Senate have passed this bill, sending it to Gov. Rick Perry's desk for his approval.


Original story:
The Texas House split on a couple of bills that would drug test recipients of state aid. A midnight deadline passed before lawmakers could vote on a bill that would drug test recipients of the Temporary Assistance for Needy Families program.

But earlier in the day lawmakers did pass testing for unemployment benefits.

Read more
economy
2:30 pm
Fri May 17, 2013

Austin Jobless Rate Dips to 5.1 Percent

flickr.com/jimnix

Austin’s economy added 30,500 jobs over the last year. The latest employment report shows the jobless rate dropped to 5.1 percent last month from 5.6 percent in April 2012. 

The recent job growth happened as more people were moving to the Austin-area looking for work. The civilian labor force grew by more than 27,000 in the past 12 months.

Read more
Texas
7:11 am
Fri May 10, 2013

Latinos May Need More Than a 'Miracle' to Prosper in Texas

Latino unemployment in the U.S. is higher than the national average, though in Texas, Latinos may have more low-wage opportunities. Pictured here a woman sells food at the Historic Market Square in San Antonio.
Veronica Zaragovia for KUT News

Story as it aired on KUT 90.5 FM

President Obama brought a message of economic recovery when he visited Austin yesterday, the first stop in his “Middle Class Jobs and Opportunity Tour.” Latinos in the U.S., however, are trailing behind the national average in unemployment. So how are they’re doing when it comes to finding work in the home of the “Texas miracle?"

Read more
Economy
8:18 am
Fri May 3, 2013

165,000 Jobs Added In April, Jobless Rate Fell To 7.5 Percent

Waiting for work: Job seekers lined up last month at the 25th Annual CUNY big Apple Job and Internship Fair in Manhattan.
Spencer Platt Getty Images

Originally published on Fri May 3, 2013 9:05 am

(Most recent update: 10 a.m. ET.)

The nation's jobless rate edged down to 7.5 percent in April from 7.6 percent in March and employers added 165,000 jobs to their payrolls last month, the Bureau of Labor Statistics reported Friday morning.

Read more
Austin
12:52 pm
Fri April 19, 2013

Austin Unemployment Down a Bit

People collecting unemployment benefits, like some at this Texas Workforce Commission office, would be required to submit to drug testing under a bill in the Texas House
Jeff Heimsath for KUT News

Austin’s unemployment rate went down slightly from February to March – to 5.3 percent. The state rate was about one point higher (6.4 percent, seasonally adjudged; 6.3 percent, not seasonally adjusted).

Both numbers are well below the national rate for March: 7.6 percent.

Both the state and local rates are also well below what they were in March 2012 (7 percent and 6 percent, respectively).

Read more
Austin
7:51 am
Tue April 16, 2013

2,000 Job Openings Available at City of Austin Career Expo

The City of Austin is hosting a Career Expo Tuesday at the Palmer Events Center.
flickr.com/kandyjaxx

The City of Austin is hosting its third annual Career Expo today at the Palmer Center.

The event will feature over one hundred employers and local agencies including  Austin Fire Department, Austin Independent School District, Dell, Time Warner Cable, Grande Communications and Whole Foods.

Last year more than 3,500 people attended the Career Expo that offers almost 2,000 job openings. 

Read more
Real Estate
3:26 pm
Fri April 5, 2013

Austin-Area Home Starts Up 27 Percent

Garreth Wilcock/Flickr http://www.flickr.com/photos/gjmj/5793428199/

New home construction is up by 27 percent in the Austin area, according to MetroStudy. The real estate tracking firm says there were 1,952 starts in the first three months of the year. That’s 413 more than the same quarter last year.

MetroStudy’s Austin market director Madison Inselmann says the surge in new building is helping to lift pay for construction workers.

Read more
Economy
7:47 am
Fri March 8, 2013

Pleasant Surprises: 236,000 Jobs Added; Jobless Rate Dips To 7.7 Percent

The scene at a job fair in Manhattan earlier this month.
Spencer Platt Getty Images

Originally published on Fri March 8, 2013 8:54 am

There were 236,000 jobs added to payrolls in February — many more than expected — and the jobless rate unexpectedly dropped by two-tenths of a point, to 7.7 percent, the Bureau of Labor Statistics reported Friday.

Read more
Austin
5:25 am
Wed February 27, 2013

PolitiFact: Austin Has Low Unemployment, High Poverty

Emily Donahue and Gardner Selby examine County Commissioner Sarah Eckhardt's claim that Austin has low unemployment and high poverty
KUT News

A Travis County Commissioner says local prosperity is shadowed by rising poverty. In this week’s PolitiFact check-in, KUT’s Emily Donahue spoke to Gardner Selby of the Austin American-Statesman’s PolitiFact Texas.

PolitiFact tackled a claim by Travis County commissioner Sarah Eckhardt who, in an email, said conditions are tough despite "present prosperity."

Read more
Economy
9:56 am
Fri February 1, 2013

Losses Are Actually Gains, And Other Weird Facts From The Jobs Report

bgottsab Flickr

Originally published on Fri February 1, 2013 12:25 pm

What's today's big jobs report say?

The U.S. economy lost 2.8 million jobs jobs in January.

What?!

Don't panic. The U.S. economy loses millions of jobs every January, in good times and bad, largely because tons of seasonal holiday jobs always wind down after Christmas.

So if you set aside the normal, seasonal stuff, how is the job market doing?

Read more
Economy
3:55 pm
Fri January 18, 2013

While Austin's Unemployment Rate Inches Up, Texas' Falls

Construction was the fastest growing industry in Texas in 2012.
flickr.com/devar/

Austin’s unemployment rose from 4.9 to 5 percent in December, while Texas’s overall unemployment dropped to 6.1 percent from 7.4 percent last year.

Mark Lavergne, spokesperson for the Texas Workforce Commission, said the change in unemployment in Austin is a slight change. What is more significant, he said, was the unemployment change in Austin and Texas in the past year. Austin’s unemployment has dropped to 5 percent from 6.1 a year ago, while Texas’s unemployment rate has fallen from 7.4 percent to 6.1 in the past year.

Read more
Economy
8:09 am
Fri January 4, 2013

155,000 Jobs Added in December, Jobless Rate at 7.8 Percent

Looking for work: The scene at a "diversity job fair" in Manhattan last month.
John Moore Getty Images

Originally published on Fri January 4, 2013 11:00 am

There were 155,000 jobs added to public and private payrolls in December, the Bureau of Labor Statistics reported Friday morning.

That's right in line with economists' expectations and is another sign of steady, though modest, growth in employment. In November, employers added an estimated 161,000 jobs. The average monthly gain in 2012 was 153,000 jobs, BLS says. That's the same average as in 2011.

Read more
Economy
8:16 am
Thu January 3, 2013

Layoffs Have Slowed, Hiring Has Picked Up, But Jobless Claims Are Higher

The scene at a career fair in New York City last fall.
Mike Segar Reuters /Landov

Originally published on Thu January 3, 2013 7:46 am

Update at 8:40 a.m. ET. Jobless Claims Went Up; So Two Out Of Three Reports Were Positive:

There were 372,000 first-time claims for unemployment insurance last week, up by 10,000 from the week before, the Employment and Training Administration says. What's more, that previous week's total was revised up from the previous estimate of 350,000.

Read more
Texas
12:51 pm
Thu December 27, 2012

Fewer State Layoffs in 2012

The state laid off fewer employees this year than in 2011 - in part because so many were laid off last year.
Nathan Bernier, KUT News

The number of state employees let go this year was down dramatically compared to 2011, according to a report from the State Auditor's Office. But that’s mainly because so many people lost their jobs last year, after lawmakers slashed the two-year state budget by $14 billion. 

Those cuts led to a round of government layoffs: 1,225 people lost their jobs last year as the result of a "reduction in force," the bureaucratic term used to label job cuts caused by budget reductions. This year, that number was 96. A lot of people were fired for other reasons, but the number of state employees "involuntarily" laid off still dropped by more than 15 percent compared to last year.

Read more
Economy
9:33 am
Thu December 27, 2012

Jobless Claims Fell by 12,000 Last Week

The line at a job fair earlier this month in Manhattan.
John Moore Getty Images

Originally published on Thu December 27, 2012 7:45 am

There were 350,000 first-time claims for unemployment benefits last week, down 12,000 from the week before, the Employment and Training Administration reports. That's the lowest level since early March 2008.

The agency adds that "the 4-week moving average," which tends to smooth out some of the volatility that comes with the weekly figures, "was 356,750, a decrease of 11,250 from the previous week's revised average of 368,000."

Read more
2012 Presidential Election
10:25 am
Fri November 2, 2012

Final Pre-Election Jobs Report Can Be Spun By Both Obama And Romney

President Obama gives a girl a high five at a campaign rally in Hilliard, Ohio, on Nov. 2.
Jewel Samad AFP/Getty Images

Originally published on Fri November 2, 2012 12:20 pm

(Revised @ 12 p.m. ET)

The final monthly jobs report before Tuesday's general election contained something for both President Obama and Republican Mitt Romney to work into their closing arguments to voters.

For Obama, it was the news that the economy in October created significantly more jobs — 171,000 — than many economists had forecast. And the Labor Department revised upward the job numbers for September and August, suggesting even more underlying strength in the economy than earlier appeared to be the case.

Read more

Pages