recession looming for empoyment outlook in dallas
Those living in Dallas, Texas should be happy to know that the area is currently one of the best places to live in. In the last year, the Dallas-Fort Worth area has lead the nation in job creation. Because of the growing economy is such areas, Texas was responsible for a third of the countries job gains over the last twelve months.
With the addition of 68,700 new Dallas jobs, the area is certainly the best city in the state, if not the country, for those looking for employment. The Dallas-Fort Worth area beat out other large metropolitan areas such as New York City and Phoenix, Arizona.
This news surprised many who thought that they housing market slump and the resulting mortgage lay-offs would has injured the area’s economy more. Since decreased home sales usually means an increase in unemployment, the assumption would usually be correct. According to Mark Dotzour,the top economist with Texas A&M University Real Estate Center, the housing situation would have been a lot worse had it not been for the growth of Dallas jobs. Dotzour also believes that many area citizens have incorrect opinions on the city’s economy due to the fact that positive job news is being offer shadowed by negative real-estate issues.
Despite the good news, many do not feel that the favorable conditions will continue for long. With a slow decrease in the number of jobs being created, it seems a recession is on it’s way. If predictions are correct, jobseekers may want to increase their efforts toward finding employment as soon as possible. Those without a current position may want to consider contacting an agency that specializes in job-finding assistance. Now is the time to brush up resumes and increase interviewing skills so that one may be able to benefit from new jobs in Dallas, Texas before the recession hits.