Dallas Job Market for 2012 to Look a Lot Like 2011

Dallas Job Market for 2012 to Look a Lot Like 2011

As the year ends, many are wondering and hoping for 2012 to be better than next year. As you end the year, are you thinking about ways to improve your ability to find a job in the Dallas job market? If so, you may be dealing with more of the same for 2012. Most of the experts say that the market will see added jobs but there may not be a lot of change from 2011.

What's to Look Forward To?

A look at the numbers for 2011 will show that there was job growth. Texas itself added 226,000 jobs through the month of November. That is an increase of 2.2 percent from the previous year. However, the state also saw a population increase. This combination led to the high 8.1 percent unemployment for the state in November.

What about next year? According to the Federal Reserve Bank of Dallas, there will be job growth in the state. However, that growth will be lower than the last year. The Fed predicts that the area will see job growth between 1.5 and 2 percent in the year to come. Factors such as a reduction in the number of employees being hired by the government and a considerable slowdown in the number of exports leaving the city due to the concerns about the financial situation in Europe.

For many people, the Dallas job market will be one of hope and concern. Are you looking for a job? If so, where are you hoping to land a position?