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Unemployment Rate

DFW Unemployment Rate Drops To 3.3 Percent

The Texas unemployment rate hit a fresh low in the month of June, with the official headline number falling to 3.4 percent. According to the Texas Workforce Commission Texas added 45,000 jobs during the month and 315,600 jobs over the latest 12 month period. Dallas-Fort Worth posted an unemployment rate of 3.3 percent, down from 3.8 percent a year ago. The news from the TWC is that Texas continues to be a beneficiary of the longest economic expansion in U.S. history, and the DFW area has certainly been a part of that expansion. Denton County [...]

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 [...]

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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