Although some Dallas work decline on a monthly basis during July, more jobs were actually added when compared to last year.
During July, the Dallas-Plano-Irving area’s unemployment rate remained at 8.5 percent for the second consecutive month, after increasing from 8.1 percent during June. However, the area’s rate is still lower than the national average of 9.5 percent, according to the U.S. Bureau of Labor Statistics.
The Dallas area had a total non-farm employment of 2,024,400 workers during July, which is lower than the 2,037,400 workers employed in the area during June, but a 1.3 percent increase from the amount of workers employed during the same time last year.
The majority of that yearly growth came from the education and health services industry, which increased by 6.2 percent between July 2009 and July 2010, for a current total of 253,800 jobs. Three other industries also saw employment growth over the year.
The professional and business services industry grew by 5.9 percent to 340,400 jobs, while the government industry increased by 4.6 percent to 264,800 workers, and the manufacturing industry increased by 2.7 percent to 176,500 jobs.
Only three industries managed to see a monthly increase in employment, including: professional and business services by 5,700 jobs; mining, logging and construction by 600 jobs; and trade, transportation and utilities by 300 jobs.
Employment in the financial activities industry remained even over the month with 174,800 jobs, while every other industry lost jobs between June and July.
Six industries experienced a yearly decrease in employment, including:
- Information by 7.9 percent
- Mining, logging and construction by 7.1 percent
- Other services by 1.8 percent
- Leisure and hospitality by 1.3 percent
- Trade, transportation and utilities by 1.3 percent
- Financial activities by 1 percent