January 2012

Dallas Job Market - Drop in Unemployment

In the Dallas job market, there is reports of improving conditions. More so, the region is seeing some new jobs added to the payrolls and that is helping to get people back to work. Though there is still a long way to go for individuals to find the positions they need to have to live the lifestyle that's right for them, this slow growth can be a good thing.

The News Out

According to the Texas Workforce Commission, the state saw the unemployment rate fall from 8.1 percent to 7.8 percent in the month of December. In job numbers, the job market in the state added 20,200 nonfarm jobs to the payrolls in the month of December. For the year, the addition of 204,500 jobs is on record.

Dallas Job Market – A Job Fair?

 

What does the Dallas job market look like heading into the new year? 2011 brought with it some interesting changes to the entire Dallas market. The city's job numbers seem to be improving, but what happens in the coming year is still undecided. If you are looking for a job in 2012, you may want to consider the job fairs. Job fairs in other cities have helped put thousands back to work.

The Numbers for 2011

By the end of the year, the US Department of Labor's Bureau of Labor Statistics is reporting that the Dallas and Fort Worth metro area added some 50,000 jobs from October of 2010. That is a good level of improvement overall. However, when it comes to improving the job outlook, there are still many things weighing on the local economy. Some estimates indicate that over the next two years, the region will improve its employment by three percent. That could mean an additional 188,000 jobs being added to the city.