Everything is bigger in Texas and that includes the job market. According to the U.S. Bureau of Labor Statistics, as of November 2019, employment in the Dallas Fort Worth area rose 3.2% compared to the national rate of 1.5% with 120,700 new jobs added over a 12 month period. Professional and business services and education and health services were the top drivers of the expanding job market.
North Texas Employers
With a variety of businesses calling North Texas home, you have your pick of career opportunities. Large employers include:
- 7-Eleven, Inc.
- Alliance Data Systems Corp.
- Allstate Insurance
- American Airlines
- AT&T
- Dell
- D.R. Horton
- Dr. Pepper Snapple Group, Inc.
- Energy Future Holdings Corp.
- Exxon Mobil Corp.
- Frito Lay North America
- GameStop Corp.
- HP Enterprise Services
- McKesson
- MetroPCS
- Neiman Marcus
- Pizza Hut
- Samsung Telecom America
- Southwest Airlines
- State Farm
- Tenet Healthcare Corp.
- Texas Instruments
- Toyota
While you have plenty of big-name options to choose from, don’t overlook the job opportunities with small businesses in the Dallas Fort Worth area. According to the U.S. Small Business Administration, over 99.8% of Texas businesses are considered small businesses and organizations with less than 100 employees hold the largest share of small business employment.
Thriving Economy + Business Friendly = Texas Job Market
Texas is known for being business friendly. With no state corporate or personal income tax, Texas businesses have one of the lowest tax burdens in the United States. This coupled with a skilled and diverse workforce has resulted in the Texas economy being the second largest in the United States. According to Forbes, Texas ranks first in growth prospects for the nation “thanks to strong employment and income growth forecasts for the next five year.” All of these factors will continue to fuel the strong job market and make North Texas very attractive to businesses looking for a place to call home.
Moving to North Texas
Moving to North Texas to take advantage of the job market? Learn how Stafford Appraisals can help you make the best real estate decision so that you can enjoy everything that North Texas has to offer.