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UT Dallas

Economic Development Update

June 9, 2021

DFW posted a net gain of 12,100 jobs in April, building upon March gains to bring employment to near-December levels, 98,600 jobs short of pre-pandemic employment. The leisure and hospitality sector alone added more than 12,000 jobs. Unemployment rates improved in DFW, Texas, and the U.S. nationwide, at 5.7%, 6.3%, and 5.7%, respectively, the lowest rates since March 2020. The monthly volume of job postings reached a new record high since before the pandemic. See this month’s DFW Labor Market Update for details, and look for our May 2021 update on July 14.

More than 4 in 10 workers in the Dallas area are returning back to the office in some capacity —more than anywhere else in the United States— based upon data compiled by Kastle Systems. Doug Kiel, Ph.D., a professor of public and nonprofit management at UT Dallas, is quoted in this NBC DFW article about transitioning employees back to the workplace.

We are happy to fulfill customized data requests for our North Texas economic development partners and to connect your organization with resources and contacts at UT Dallas that could lead to mutual economic development partnerships.

Please reach out to F&ED to learn how your organization can partner with UT Dallas.

An Economic Engine for the Region

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