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Denton Texas Employment Stalls With Fading Govt Stimulus

Denton Texas employment stalled in July as stimulus benefits for many Americans came to an end. While Denton and Denton County showed slight increases in employment from June levels, North Texas as a whole actually lost jobs during the month. The Dallas-Fort Worth-Arlington MSA region saw unadjusted nonfarm employment fall by 12,900 jobs from June levels. Employment for the North Texas region was down by 150,500 jobs compared to July 2019. The latest numbers from the Texas Workforce Commission in July are a stark reminder that the real economy has not fully recovered, even if [...]

By |2020-08-22T14:26:55+00:00August 22nd, 2020|Denton County Real Estate, Denton TX Real Estate, DFW Employment, DFW Real Estate, DFW Relocation, Economy, Employment, Texas Real Estate|0 Comments
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Denton Texas Employment Rebounds, But More Assistance Needed

Denton Texas employment levels continued to rebound in June, but it is obvious more state and federal assistance will be needed to weather the Covid-related job losses. Yesterday Texas reported the 3rd consecutive day of triple digit fatalities and a record high single day death toll of 174 people. Denton County saw its largest one day spike in coronavirus cases during the pandemic. The recent spike in Covid cases and fatalities in the state of Texas has put Texas' economic reopening on hold. The start of the new school year is still a moving target [...]

By |2020-07-20T21:00:57+00:00July 18th, 2020|Denton County Real Estate, Denton County Relocation, Denton TX Real Estate, DFW Employment, DFW Relocation, Employment, Mortgage Rates, Relocation|0 Comments
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Denton County Unemployment Spikes To 12.9% In April

Denton County unemployment hit 12.9 percent in April, and the City of Denton saw unemployment spike to 14.1 percent last month. For the Dallas-Fort Worth-Arlington MSA, unemployment rose to 12.8 percent in April. Those were the sobering statistics from the Texas Workforce Commission. The destruction to the North Texas labor force created by the Covid-19 pandemic and lockdowns is hard to grasp, because the United States hasn't experienced anything similar since the Great Depression. Even after the Great Recession in 2008 U.S. unemployment levels peaked around 10 percent. The May unemployment numbers for Denton County [...]

By |2020-05-26T12:07:41+00:00May 26th, 2020|Denton County Employment, Denton County Relocation, DFW Employment, DFW Relocation, Economy, Employment, Relocation, Texas Employment|0 Comments
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Denton County Employment Growth Continues In 2019

The BLS February employment report was a big disappointment in terms of the number of jobs added, but Denton County continues to see solid employment growth. So far in 2019 the trend of more jobs in the area is still intact. The Dallas-Fort Worth area is still churning out jobs, and that is certainly welcome news considering the larger macroeconomic backdrop. For the time being, Denton and the DFW area are still churning out decent job numbers. The Texas economy added 15,400 seasonally adjusted nonfarm positions in January 2019, and Texas employers added 292,000 jobs [...]

By |2019-03-10T16:06:28+00:00March 10th, 2019|Denton County Employment, Denton County Real Estate, Denton County Relocation, DFW Employment, DFW Real Estate, DFW Relocation, Economy, Relocation|0 Comments
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Dallas Fort Worth Employment Growth Still Solid, For Now

Dallas-Fort Worth employment numbers show that the DFW economy was still on solid footing in December. While local job growth has been slowing a bit, the economy has been rather resilient. Texas posted annual employment growth for 104 consecutive months in December 2018. The state unemployment rate stood at 3.7 percent. Unemployment in Texas was near record lows for a third consecutive month as we ended the year, and unemployment in the DFW area was lower than the state average at only 3.3 percent. With the recent slowdown in the economy, it will be interesting [...]

By |2019-01-22T10:46:48+00:00January 22nd, 2019|Dallas Tx Employment, Denton County Real Estate, Denton County Relocation, Denton TX Real Estate, DFW Real Estate, Economy, In the Press, Markets|0 Comments
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Dallas Fort Worth Employment Growth Solid, Wage Growth Still Lags Real Inflation

Dallas-Fort Worth employment continues to grow, but wage growth is nothing to write home about. The Texas unemployment rate (at least the statistically massaged headline unemployment rate) hit an historic low in October at 3.7 percent. Dallas Fort Worth job growth was still impressive through October according to the latest data from the Texas Workforce Commission. According to the latest numbers there were 3,803,500 people working in the DFW area bringing the unemployment rate for Dallas to 3.2 percent. According to the latest data, Texas has experienced 28 consecutive months of employment growth. This is [...]

By |2018-11-17T21:04:52+00:00November 17th, 2018|Dallas Tx Employment, DFW Real Estate, Economy, Relocation|0 Comments
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DFW Adds 10,000 Jobs In June, CPI Still Running Hot

The DFW area tacked on another 10,000 jobs during the month of June according to numbers released by the Texas Workforce Commission. That was more than a third of the 27,200 positions gained in Texas during the month. The unemployment rate for the Dallas-Fort Worth- Arlington MSA posted a 3.8 percent, just slightly below the 3.9 percent figure at this time last year. Midland Texas still held the lowest unemployment rate in Texas at only 2.4 percent. While the Dallas area still posted solid job gains during the month of June, the unadjusted numbers show [...]

By |2020-03-28T14:41:24+00:00July 21st, 2018|Dallas Tx Employment, Dallas Tx Home Prices, DFW Home Prices, DFW Real Estate, Economy, Relocation, Texas Employment, Texas Home Prices|0 Comments
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DFW Region Posts Solid Job Growth In May

The Dallas-Fort Worth-Arlington (DFW) region posted another month of solid employment gains in May, tacking on an additional 20,200 jobs compared to April according to non-adjusted numbers from the Texas Workforce Commission. For the 12-month period in May, the DFW area has added 122,000 jobs. This kept the official unemployment rate for the Dallas-Fort Worth area at 3.4 percent. Texas added 34,700 seasonally adjusted nonfarm jobs during the month. While job growth remains solid in the DFW area, what's also running hot are DFW prices. The consumer price index for the Dallas MSA posted at [...]

By |2020-03-28T14:41:39+00:00June 16th, 2018|Dallas Tx Employment, Denton County Home Prices, Denton Tx Home Prices, DFW Home Prices, Economy, Markets, Mortgage Rates, Texas Employment|0 Comments
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Dallas TX Employment Reaches New Heights In April

Employment growth in the Dallas area (Dallas-Fort Worth-Arlingon MSA) pushed to new heights in April with a new record for jobs in the region. Dallas has added jobs each month so far this year as the unemployment rate sits near 3.4 percent. Texas added a total of 39,600 jobs in April according to seasonally adjusted data from the Texas Workforce Commission. The oil boom in the Permian Basin continued to boost employment in the Odessa Midland area with Midland posting a state-low unemployment rate of just 2.1 percent. Non-adjusted data show that the Dallas area [...]

By |2020-03-28T14:42:46+00:00May 22nd, 2018|Dallas Tx Employment, Denton County Real Estate, DFW Real Estate, Economy, Relocation, Texas Employment|0 Comments
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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 [...]

By |2018-03-10T13:59:46+00:00March 10th, 2018|Dallas Tx Employment, DFW Real Estate, Economy, Education, Spin Cycle|0 Comments
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