Comparative City, DFW and National Industry Jobs Mix

Transcription

1 The City of Dallas has a notably higher concentration than the nation of mining, construction, manufacturing and logistics occupations, as well as high-end business service and information occupations. Industry Dallas-Fort Worth MSA Employment by Industry (Annual 2014p) Jobs Comparative City, DFW and National Industry Jobs Mix Trade, Transportation, & Utilities 657,175 Professional & Business Services 507,167 Government 398,458 Educational and Health Services 389,525 Leisure and Hospitality 328,608 Manufacturing 256,583 Financial Activities 253,383 Mining, Logging & Construction 183,492 Other Services 114,192 Information 80,175 Total 3,168,758 Source: Texas Workforce Commission, Bureau of Labor statistics, (Annual 2014p).

2 Dallas is one of the world s leading corporate headquarters centers. It boasts: 21 Fortune 500 companies and 41 Fortune 1000 companies in DFW 7 companies on the 2014 Forbes list of America s Largest Private Companies (DFW) 656 total headquarters operations that employ at least 1,000 globally (DFW) Fortune 500 Companies headquartered in the City of Dallas (2015) Dallas efficiency as a headquarters city is based on its: Quality transportation system with air operations to 146 U.S. and 53 international cities Large metro professional services workforce - 536,217 jobs (DFW MSA 2014 average) Affordable cost of business with a cost of living 95.8% of the national average (2014) Central location and great business culture Source: Fortune, Forbes, Hoovers, City of, C2ER, and Texas Workforce Commission. Other DFW Fortune 500 companies Exxon Mobil American Airlines Group Fluor Corp. Kimberly-Clark J.C. Penney GameStop D.R. Horton, Inc. Commercial Metals Celanese Dr. Pepper Snapple Group Alliance Data Systems Pioneer Natural Resources

3 The City of Dallas is home to: Largest Publicly-Traded Companies Headquartered in Dallas 126 publicly-traded companies 2,982 company headquarters 181 Class A office buildings Over 6,000 industrial/flex buildings Source: Hoovers and CoStar.

4 Dallas diverse business environment offers almost any career the opportunity to grow. Over 62,000 businesses call the City of Dallas home, including global leaders such as Texas Instruments, AT&T, Comerica and Southwest Airlines. Dallas 58,000 small businesses offer numerous employment opportunities. 21 Fortune 500 companies are based in the Dallas area Dallas job growth rate has exceeded the nation since 2003 and is forecasted to grow faster than the nation through Dallas unemployment rate has been below the nation s for over seven years. DFW has 216,886 technology jobs, 32.0 percent of all technology jobs in Texas, creating the state s deepest technology labor pool (Dallas Regional Chamber). Projected Percentage Job Growth and Job Levels Selected High Tech Occupations Dallas Workforce Development Area Dallas City Payroll Employment By Sector (2014) Trade, Transportation, and Utilities 20.9% Professional and Business Services 16.3% Education and Health Services 14.8% Leisure and Hospitality 10.0% Government 10.0% Financial Activities 9.9% Manufacturing 7.1% Mining, Logging and Construction 4.3% Other Services 3.5% Information 3.2% Source: City of Dallas analysis based on Texas LMI, Bureau of Labor Statistics and Info USA. Percentage Change in Employment for 11 Largest Metro Areas July 2012 to July 2013 Source: U.S. Bureau of Labor Statistics, Payroll Employment

5 A skilled and talented workforce is critical for the development and sustainability of growing industries and a vibrant and diversified Dallas economy. Various resources are available, at no cost, to address your business workforce development needs. Texas Workforce Commission The Texas Workforce Commission (TWC) is a state agency that provides workforce development services to employers and job seekers. TWC provides grants for customized training: The Skills Development Fund provides grants up to $500,000 for local customized training opportunities in partnership with employers and training providers, typically local colleges. In 2014, the Dallas County Community College District partnered with employers to obtain over $7 million in TWC grant funds to provide skilled labor to local business. Training can be used for new job opportunities or to upgrade skills of existing workers. The Self-Sufficiency Fund provides grants up to $500,000 for employers and to provide local customized training opportunities for eligible residents enrolled or at risk of enrolling Temporary Assistance for Needy Families (TANF) and other programs. Grants include assistance from TWC staff to aid in the transition into employment. The Skills for Small Businesses program offers support for companies with fewer than 100 employees. In partnership with a public training provider, the program pays up to $1,450 for each new employee or $725 for existing employees using existing curriculum. All TWC programs require employers to pay prevailing wages in their local market for the trained occupation. Program parameters are subject to change at any time. For more information on training programs and services visit train-your-workforce or call (877) Federal support is also available through the Work Opportunity Tax Credit. Visit for more information. Workforce Solutions Greater Dallas Workforce Solutions Greater Dallas (WFS Dallas) provides human resource solutions for employers seeking a talented workforce and jobseekers seeking competitive employment opportunities in Dallas County. In 2014 WFS Dallas served 10,940 employers with external human resource services and 162,503 job seekers and workers. WFS Dallas services include: Applicant screening and recruiting, including specialized recruiting services; Hiring events for individual employers and groups of employers; Assessment services; Customized training for new and current employees; Outplacement services during downsizing; Information regarding labor market, applicant pool, and hiring climate. For more information visit: or call (214) Dallas County Community College District Dallas County Community College District (DCCCD) is one of the largest undergraduate institutions in the state of Texas with seven colleges offering customized training to meet employers needs for training, re-training, industry-specific certifications. Needs assessment / skills training / professional development can be offered at the job site with flexible scheduling for employees and assistance in client-targeted job placement. Visit for more program information.