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UT Dallas

UT Dallas

Economic Development Update

December 14, 2022

Despite continued uncertainty in the labor market amidst layoffs heading into Q3 2022, the job numbers point towards continued positive growth with 49,800 new jobs added in October. The Information sector saw the only decrease in jobs from the previous month while all other industries saw relative growth. Electrical engineers took the title of one of the fastest growing occupations this month, with companies like Lockheed Martin and Raytheon driving up the number of postings for these occupations. To learn more about these trends for October read this month’s DFW Labor Market Update.

 DFW Labor Market Update. A mechanic working on an airplane engine. Photo Credit: Shelby Bauman on Unsplash [https://unsplash.com/photos/YUHOxKHZVOA]
Snow falling on the UT Dallas campus in front of the ATEC building.

This Economic Development Update will be the last for 2022. We thank our wonderful readers for their feedback and engagement with these publications and cannot wait to bring you more stories in the new year. Happy holidays from our team to yours!

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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