So Whats Driving DFWs Job Growth

So Whats Driving DFWs Job Growth

“Everything,” Bud Weinstein, economist at SMU said. “Construction is up. The airline industry has been growing in D-FW. We’ve had a number of corporate relocations and expansions.”  For example, Active Network and Omnitracs moved from San Diego to downtown Dallas last fall, generating nearly 1,500 combined jobs.  D-FW job growth accelerated across many industries last year, but particularly in professional and business services, finance, insurance and real estate, Abbot said.   A big chunk of that came from State Farm Insurance, which just opened a regional campus in Richardson for about 8,000 employees. The nation’s largest auto and home insurer hired about 2,500 people in the Dallas area last year and is still hiring, said spokesman Gary Stephenson.    Job growth in North Texas is expected to continue at a strong pace this year.   Boston-based Liberty Mutual Insurance reportedly is in talks with developers and the city of Plano about building a service center that could house more than 4,000 workers. Toyota announced last year that it will move its North American headquarters and 4,000 employees to Plano by 2017.

-          Dallas Morning News, February 4, 2015

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