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UT Dallas
Economic Development Update
December 13, 2023
This month’s DFW Labor Market Update explores some of the major developments in the local economy as we entered the last quarter of 2023. Driven by a demand for new workers in government and retail following the start of a new federal fiscal year and the start of holiday shopping, employment figures were largely up and the unemployment rate was on the decline.
![DFW Labor Market Update. A shop window sign turned to the “OPEN” side. Photo Credit: Mike Petrucci on Unsplash [https://unsplash.com/photos/gray-and-blue-open-signage-c9FQyqIECds]](https://economicengine.utdallas.edu/news/2023/img/newsletter_20231213_a.jpg "DFW Labor Market Update. A shop window sign turned to the “OPEN” side. Photo Credit: Mike Petrucci on Unsplash [https://unsplash.com/photos/gray-and-blue-open-signage-c9FQyqIECds]")
![The wing of a plane in flight seen at sunset. Photo Credit: CC BY 2.0 2008 rumpleteaser [https://commons.wikimedia.org/wiki/File:Airplane_sky_(6088628530).jpg]](https://economicengine.utdallas.edu/news/2023/img/newsletter_20231213_b.jpg "The wing of a plane in flight seen at sunset. Photo Credit: CC BY 2.0 2008 rumpleteaser [https://commons.wikimedia.org/wiki/File:Airplane_sky_(6088628530).jpg]")
Infosys and Spirit AeroSystems launched their dedicated center for aerospace engineering excellence in Richardson last month. The move will enable both companies to work together in order to develop cross-functional solutions to issues in the development lifecycle of their aircrafts. The new center will facilitate training, upskilling and the reskilling of talent to support Spirit AeroSystems’s growing business.
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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