September 30, 2008
A report from the Bureau of Labor Statistics of the U.S. Department of Labor shows a majority of metropolitan areas evaluated for August reporting higher year-over-year unemployment. Of the 369 areas studied, 354 had gains in unemployment.
But based on the report, North Texas is faring significantly better than most metropolitan areas.
Instead of reporting disappointing results, the North Texas region (Dallas-Plano-Irving) posted a year-over-year employment gain of 44,600 new jobs or a 2.6 percent increase in employment in the month of August — the highest employment gain of 32 metropolitan areas surveyed. The broader region of Dallas-Fort Worth-Arlington also reported the largest year-over-year employment increase of 59,800 jobs, out of 310 metropolitan areas surveyed.
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