Dallas Unemployment Drops To 46

Dated: 01/23/2015

Views: 2133

The Dallas-Ft Worth area is rebounding in strong job growth, even as thousands move to the DFW area looking for employment.   The latest unemployment rate is 4.6 percent which gives Dallas one of the lowest unemployment rates in the nation.   One year ago the Dallas unemployment rate was 5.7 percent.  Certainly, the North Texas region has one of the highest job gain rates.   Texas’ job growth kept a strong, steady course in November, but worrisome signs are brewing that employment and the state’s economy could see a rockier road ahead.  Last month, the state’s energy industry posted its first employment decline in a year — 2,300 jobs. Some economists think Texas is headed toward a rough 2015 and perhaps a recession if oil prices stay low or drop further.  The price of crude oil has fallen by nearly half since June. While lower oil prices generally help the U.S. economy by giving consumers more purchasing power, they could hurt Texas.   The state produces 40 percent of all the oil in the nation, however the impact in Dallas should be minimal unlike some other areas of the state. 

  • Dallas Morning News, December 19, 2014

Please visit my site at www.northtexasheroes.com

Want to Advertise on this Site?

Latest Blog Posts

Kitchen Improvements Under 100 Dollars

Kitchen Improvements Under $100 Want to spruce up your kitchen but stuck on a tight budget? Check out this list of improvements you can get started on for under $100. These tips can come in

Read More

Deciding To Buy A FixerUpper

Deciding To Buy A Fixer-Upper f you are a fan of HGTV, you have probably seen your fair share of fixer-uppers. TV shows tend to make everything look easy, especially home flipping or updating.

Read More

5 WAYS TO FILL THE SPACE ABOVE YOUR BED

Even if you have a beautiful headboard, the space above your bed can seem empty if left untouched. This space can be tricky to decorate, but that doesn’t mean you should leave it blank.

Read More

Organize Your Junk Drawer

Have you been looking for a budget-friendly way to organize that pesky junk drawer in your home? Instead of heading to the store and spending money on organizers, take a look around your home

Read More