The U.S. economy may be facing headwinds from inflation and higher interest rates, but the labor market is still on fire in North Texas.
Dallas-Fort Worth added 294,700 jobs in the 12 months ended in May, roughly three times more than the typical annual gains before the pandemic, the U.S. Bureau of Labor Statistics reported on Wednesday.
Only the New York and Los Angeles metro areas added more workers in the past year, and they have much larger employment bases.