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UT Dallas
Economic Development Update
June 11, 2025
In April, the DFW labor market gained 20,700 jobs and the unemployment rate dropped from 3.8% to 3.5%, primarily driven by “leisure and hospitality” and “professional and business services.” Overall job postings rose 4.6% while the Consumer Price Index saw increases across Texas and the U.S.
Read the latest DFW Labor Market Update for more information.
![DFW Labor Market Update. A waiter carrying a tray of drinks. Photo Credit: Kate Townsend on Unsplash [https://unsplash.com/photos/waiter-serving-beverages-hEC6zxdFF0M]](https://economicengine.utdallas.edu/news/2025/img/newsletter_20250611_a.jpg "DFW Labor Market Update. A waiter carrying a tray of drinks. Photo Credit: Kate Townsend on Unsplash [https://unsplash.com/photos/waiter-serving-beverages-hEC6zxdFF0M]")
Dr. Prabhas V. Moghe will officially become the next president of UT Dallas, effective August 2. Dr. Moghe currently serves as the executive vice president for academic affairs at Rutgers University.
Read the announcement from The University of Texas System.
We are happy to fulfill customized data requests for our North Texas economic development partners and to connect local industry with UT Dallas research and workforce development initiatives.
Please reach out to Jenny Mizutowicz, CEcD to learn how your organization can partner with UT Dallas.
An Economic Engine for the Region
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