Garland, TX – December 2023 Jobs Report: Steady Gains Amidst Regional Fluctuations

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December 2023’s jobs report for Garland paints a picture of stable growth, showcasing the city’s resilience within the dynamic Dallas-Fort Worth region. Preliminary data from the Bureau of Labor Statistics (BLS) indicates continued job expansion, despite slight variations from broader regional trends.

Highlights:

  • Employment: Total nonfarm employment in the Dallas-Fort Worth-Arlington, TX Metropolitan Statistical Area (MSA) reached 4,450,500 jobs, representing an increase of 1,400 jobs in Garland and 54,900 jobs across the MSA compared to November 2023.
  • Unemployment: The seasonally adjusted unemployment rate for the MSA remained stable at 3.2%, indicating a tight labor market, mirroring national trends.

Growing Industries and Occupations:

  • Professional and Business Services: This sector led the pack in Garland with 800 new jobs, primarily in professional, scientific, and technical services occupations, reflecting a diverse and growing professional landscape.
  • Trade, Transportation, and Utilities: Expansion in warehousing and transportation added 500 jobs, highlighting the city’s role in regional logistics and e-commerce.
  • Leisure and Hospitality: Growth in this sector added 400 jobs, fueled by tourism and the holiday season, particularly in restaurants and hotels.
  • Growing Occupations: Registered nurses, customer service representatives, sales representatives, and logistics coordinators saw significant job growth.

Shrinking Industries and Occupations:

  • Information: This sector lost 50 jobs, potentially due to national market fluctuations or industry shifts.
  • Manufacturing: Durable goods manufacturing declined by 20 jobs, mirroring national trends impacting certain manufacturing sectors.

Compared to Same Month Last Year:

  • December 2023’s job growth of 1.9% in Garland exceeded the 1.5% increase across the MSA, signifying the city’s strong economic performance compared to the region.
  • The unemployment rate remained stable at 3.2%, mirroring the MSA average and indicating a competitive job market.

Compared to Previous Month:

  • December 2023 saw slightly lower job gains than November 2023 in Garland, potentially reflecting seasonal fluctuations or adjustments to initial estimates.
  • The unemployment rate held steady, signifying a consistent labor market.

Future Outlook:

While experts predict continued job growth for Garland in 2024, the pace might be slower than 2023. Expansion in healthcare, professional services, and logistics could fuel job creation, but national economic uncertainties like inflation and rising interest rates remain concerning factors.

10 Growing Occupations:

  1. Registered Nurses
  2. Customer Service Representatives
  3. Sales Representatives
  4. Logistics Coordinators
  5. Software Developers and Applications
  6. Marketing Specialists
  7. Home Health and Personal Care Aides
  8. Elementary and Middle School Teachers
  9. Truck Drivers
  10. Accounting and Bookkeeping Clerks

10 Companies Hiring Now:

  1. Texas Health Presbyterian Hospital Dallas
  2. Baylor Scott & White Health
  3. Amazon
  4. Walmart
  5. Home Depot
  6. FedEx Corporation
  7. Lowe’s Companies, Inc.
  8. City of Garland
  9. Garland Independent School District
  10. Albertsons Companies

Resources:

  • Bureau of Labor Statistics – Dallas-Fort Worth-Arlington, TX MSA
  • Garland, TX
  • Indeed