Job gains continue pretty much unabated in our market. We watch these numbers closely for any sign of slowing, and there simply has not been any trace.
The most recent numbers from the Bureau of Labor Statistics has Dallas-Fort Worth adding 117,000 jobs on an annualized basis. That equates to a 3.4% growth rate, twice that of the US. DFW also accounts for 63% of overall Texas job gains in the last year.
What’s more amazing is the consistently with which we’ve been adding these jobs. Looking back to the start of the recovery in 2010, we’ve added 674,000 jobs here in North Texas – which is an increase to our base of fully 24%.