Employment Report for Dallas, Texas -- Annual 2005 Industry Summary
In Dallas, Real estate and rental and leasing, Wholesale trade and Finance and insurance are the three industries with the highest location quotients. The Real estate and rental and leasing industry has a US LQ in the region of 1.31. The percent of employment in the Real estate and rental and leasing sector is 1.31 times the percent of the national average, This signifies that Dallas specializes in Real estate and rental and leasing.
In Dallas, Retail Trade, Manufacturing, and the Administrative and waste services industries are the largest employment industries. The Retail Trade is the largest employment industry and makes up 13 percent of all jobs throughout the region, totaling 307,394 individuals. The Manufacturing and Administrative and waste services industries make up 12.6 and 8.7 percent of total employment, respectively.
Manufacturing is the industry with the largest establishments in Dallas MSA. In the region, the industry averages 43 employees per business. This is greater than the industry's average in the United States of 39 and greater than the State of Texas establishments size average of 38 for the Manufacturing industry.
Manufacturing since the year 2001 lost the most jobs in the Dallas Metropolitan Area. The industry was hit with a loss of 41,291 total jobs during the period, accounting for 12.2 percent of jobs in the industry. The losses in this industry made up 52.1 percent of the total loss in employment during the period.
A well-paying sector in Dallas is the wholesale trade industry with wages that annually pay $61,844. Locally, since the year 2001, the industry annual average wages have grown by 7.3 percent or $4,215. The State of Texas has a similar economic condition in the wholesale trade sector, standing near the top of sectors by 2004 industry pay.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
In Dallas, Retail Trade, Manufacturing, and the Administrative and waste services industries are the largest employment industries. The Retail Trade is the largest employment industry and makes up 13 percent of all jobs throughout the region, totaling 307,394 individuals. The Manufacturing and Administrative and waste services industries make up 12.6 and 8.7 percent of total employment, respectively.
Manufacturing is the industry with the largest establishments in Dallas MSA. In the region, the industry averages 43 employees per business. This is greater than the industry's average in the United States of 39 and greater than the State of Texas establishments size average of 38 for the Manufacturing industry.
Manufacturing since the year 2001 lost the most jobs in the Dallas Metropolitan Area. The industry was hit with a loss of 41,291 total jobs during the period, accounting for 12.2 percent of jobs in the industry. The losses in this industry made up 52.1 percent of the total loss in employment during the period.
A well-paying sector in Dallas is the wholesale trade industry with wages that annually pay $61,844. Locally, since the year 2001, the industry annual average wages have grown by 7.3 percent or $4,215. The State of Texas has a similar economic condition in the wholesale trade sector, standing near the top of sectors by 2004 industry pay.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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