Dwyer Workforce Development’s Post

"Texas’ Annual Employment Growth Continues to Outpace the Nation" Those are good headlines to read as we enter the new year! According to the press release from the Texas Workforce Commission, eight of 11 major industries in Texas expanded over the month of November, and a new record high was reached as the state’s seasonally adjusted job count reached 14,094,900. You don't want to miss the incredible numbers in the first paragraph of this article alone. Read more by clicking the link below! Let's go, Texas! #TexasBusiness #Texas #BusinessRelocation #TexasWorkforce

1️⃣ Texas reaches a new high for total jobs at 13,969,100 as employers added 26,300 nonfarm jobs over the month. 2️⃣ Texas reaches a new high for Texans working, including employed and self-employed, at 14,464,700. 3️⃣ Texas reaches a new high with the largest labor force ever in the state’s history at 15,078,400. 4️⃣ Texas again leads the nation for job creation over the last 12 months, adding 441,700 jobs from July 2022 to July 2023 and growing at an annual rate of 3.3%, above the growth rate for the nation as a whole of 2.2%. #texasrealestate #newjobs

🌟 Get 2024 job growth expectations 🌟 Understand how strikes are impacting employment 🌟 Find out which jobs are "Googled" most in the U.S. All this and more in this edition of the California Labor & Employment Trends Report: https://hubs.ly/Q02bxKz80

Excellent Employment   Employers created a stunningly strong 353,000 new jobs in January, and December employment was revised up from 216,000 to a hefty 333,000. While freakishly cold weather and seasonal adjustment factors undoubtedly had an impact, the economy isn’t rolling over. Moreover, wage growth was a strong 0.6% M-o-M and 4.5% Y-o-Y. While stellar for job hunters, this is putting the Fed on hold. An initial June rate cut is most likely. 

With the job market continuing to be the strongest since the 1960s, it is harder and harder to find talent. Please enjoy this article from the Chamber of Commerce on labor outlooks for 2024

Nearly 42,000 jobs were added to Texas’ labor market in May, according to the latest estimates from the Texas Workforce Commission. It’s 800 jobs less than were added in April. As a result of the May increase, the state’s seasonally adjusted total nonfarm employment grew to 14,195,600.

Bridging the Labor Gap: Labor Day is the perfect moment to learn more about how second chances can help solve the pressing workforce challenge.   According to research conducted by the U.S. Chamber of Commerce, there are 9.8 million open jobs in the U.S., but only 5.9 million workers seeking employment. In response to this major workforce challenge, employers are proactively seeking innovative solutions to attract and retain talent — with one such solution being second chance employment.   More than 80 million Americans, roughly a quarter of the U.S. population, have a criminal record. By tapping into this pool of talent, companies can access a significant number of qualified applicants who may otherwise be overlooked due to their criminal history alone. The SCBC provides large employers with tools and resources to adopt second chance hiring practices.   This approach not only addresses labor shortages, but provides a range of benefits to employers, candidates and society as a whole.   For a more in-depth look into the U.S. labor shortage, and the factors contributing to it, explore the U.S. Chamber of Commerce’s research and analysis: https://lnkd.in/gy2e43bh   To learn more about the Business Case for Second Chance Employment, visit the SCBC website: https://lnkd.in/dFpggip

The August employment report shows the state’s economy remains strong and viable. Year-over-year job growth retreated to pre-summer levels of 2.5%. The unemployment rate is slightly higher, but still very low, at 2.5%. This growth resulted in an increase of 41,400 jobs since August 2022. Utah's economy has posted exceptionally good numbers for more than a year now. The job market is still strong, but we are observing a decrease in online job listings. Overall, though, there are still more job openings, and online postings, than there are people looking for work. Listen to Chief Economist Mark Knold’s analysis of the August 2023 employment report here: https://lnkd.in/gncDANmN

It's Job Market Monday! After continued growth through the month of August, Texas has once again set new records for the number of jobs, number of people employed, and size of the civilian labor force.  This marks the 30th consecutive month of growth, and since August 2022, Lone Star State employment grew and continues to outpace the nation in the rate of annual employment growth. With such fierce competition for employees, Texas employers must ask: Are you paying Market Rate? Are you offering updated benefits? Are you an employer of choice? If your Central Texas company has had hiring challenges, please reach out so we can advise on a Recruiting Action Plan: sstrawser@malekopersonnel.com or cell: (737) 343-2739. We have outstanding teams in both San Antonio & Austin Metro's. #texas #texasjobs #sanantonio #austin #usa #america #employment #texasworkforce #accounting #manufacturing #assembly #warehouse #driver #corporatedining #CSR #managers #hr #humanresources #talentacquisition #recruiter #agency #veteran #maleko #stevenstrawser #malekopersonnel https://lnkd.in/gfB7XaHz

Texas’ labor market achieved a new record high as the state’s seasonally adjusted job count reached 14,094,900, an increase of 26,800 positions over November. Texas’ employment growth rate continued to outperform with 3.0 percent annual growth from November 2022 to November 2023⎯, outpacing the nation’s more modest 1.8 percent. East Texas Unemployment Rate: Longview 3.8%, Tyler 3.3% Read more → https://bit.ly/3TO30C5