2022 reconsidered: Just how great was Texas’ job market?

After recovering all its pandemic job losses by November 2021, the state continued to grow strongly through most of 2022, adding workers at over twice its usual rate.

That was before a major downward revision based on a quarterly census of employment. It also was before fast-rising interest rates started cutting deeply into the housing market and other parts of the economy. That’s an impressive increase, far higher than average annual net gains over the past decade. But it’s a third lower than was estimated just four months earlier.

By the Dallas Fed’s estimate this month, Texas has grown jobs 3.5% this year compared with 3.2% for the U.S. By the BLS’ estimate, Texas employment has grown 5.1% for the 12 months ended in November.

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New projects in North Texas for December 22, 2022 - Dallas Business JournalHere’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
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