Business activity among Texas-area manufacturers fell sharply into contraction this month according to the Federal Reserve Bank of Dallas. The bank said general business activity plunged to negative 15.6 in April, which was the first negative reading this year. It fell sharply after last month. The April reading is the lowest since July of last year. And manufacters in Texas turned pessimistic about the next six months.
Average compensation for North American oil and gas professionals declined 4 percent in 2012 compared with the previous year to almost $95,000. Those numbers are driven by a reduction in drilling activity and younger workers entering the oil and gas business, according to rigzone.
Dallas-based Hostess Brands says more bakeries will be up and running to make sure Twinkies, Ding Dong and Ho Hos get on store shelves by the end of July. The company says they are looking to get four bakeries around the country back to work and bring back jobs to those local communities.
Dallas was just named the number five market in the country if you're looking for IT work, according to a survey of companies by Monster.com. And don't rest on your laurels with summer time coming -- Monster says a large majority of employers who hire for IT professionals are likely to hire in the next 60 days.