Overall unemployment rate stayed flat at 3.8% with the biggest shift in Government, which lost 16,100 roles, based on the most recently available information published in August 2022.
Total employment in the Dallas-Fort Worth-Arlington, TX market rose by 7,082 jobs in July and the unemployment rate stayed flat. The national unemployment rate decreased by 5 bps over the same time to 3.8%.
- Dallas-Fort Worth-Arlington, TX unemployment rate is 2 bps above the national rate which is a negative sign.
- Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 4.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:
- Transportation & Utilities: 890,100; +3,600
- Business Services: 761,600; +5,400
- Education & Healthcare: 488,400; +3,200
- Restaurants & Hotels: 431,600; +2,900
- Government: 426,600; -16,100
- Financial Services: 371,500; +3,500
- Manufacturing: 301,200; +1,500
- Construction, Mining: 231,800; +1,000
- Other Jobs: 134,300; -100
- IT & Development: 88,100; +900
Data is based on the most recent 12 months available, through July 2022 (Data published August 2022 and reports created on September 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.