Dallas TX Employment Engine Sheds 59,000 Jobs In January Turnover
The Dallas TX employment engine was misfiring as we headed into 2018. Recently revised figures from the Texas Workforce Commission show the Dallas-Fort Worth-Arlington MSA shedding 59,000 jobs in January. While it is typical for the January numbers to decline after the holiday turnover, the 59,000 jobs lost in January represents the highest seasonal turnover loss in several years. Employment levels were already declining with the December numbers, so this is a development that could be worth watching. We'll know more in a few weeks when we get the February employment data. What is particularly [...]