Dallas, TX Jobs Report

March 2020 Jobs Report

Jobs Added

Metro +28,900
  • Month Over Month: +0.8%
  • 3 Month Average: -40,333
  • Year Over Year: +3.4%
State +50,400
  • Month Over Month: +0.4%
  • 3 Month Average: 33,967
  • Year Over Year: +2.5%
National -701,000
  • Month Over Month: -0.5%
  • 3 Month Average: -70,667
  • Year Over Year: +1.0%

Unemployment Rate

Metro 3.3%
  • Month Over Month: +0.4%
  • 3 Month Average: 3.07%
  • Year Over Year: -0.6%
State 3.5%
  • Month Over Month: 0.0%
  • 3 Month Average: 3.5%
  • Year Over Year: -0.1%
National 4.4%
  • Month Over Month: +0.9%
  • 3 Month Average: 3.83%
  • Year Over Year: +0.6%

This is the first monthly job loss in almost a decade, reflecting the virtual economic standstill wrought by the coronavirus outbreak. Nearly 10 million people have applied for unemployment in the last two weeks, the unemployment rate to top 10% in the second quarter, rising above levels from the peak of the global financial crisis.

The business activity subindex dropped by 9.8 points to 48, the first contraction since July 2009. The unemployment rate for March rose to 4.4% from 3.5% in February. It was the largest one-month increase in the rate since January 1975.

Sector Job Growth from the B.L.S.

Financial Activities +2,500
  • Month Over Month: +0.8%
  • 3 Month Average: 323
  • Year Over Year: +4.4%
Professional & Business Services +10,900
  • Month Over Month: +1.7%
  • 3 Month Average: 646
  • Year Over Year: +4.6%

Industry Job Growth from the B.L.S.

Finance & Insurance +2,400
  • Month Over Month: +1.0%
  • 3 Month Average: 241
  • Year Over Year: +3.3%
Real Estate & Rental & Leasing -300
  • Month Over Month: -0.5%
  • 3 Month Average: 64
  • Year Over Year: +6.9%
Accounting, Tax Preparation, Bookkeeping, & Payroll Services +800
  • Month Over Month: +3.0%
  • 3 Month Average: 27
  • Year Over Year: +3.0%
Legal Services +100
  • Month Over Month: +0.4%
  • 3 Month Average: 24
  • Year Over Year: +4.3%
Management of Companies & Enterprises +1,000
  • Month Over Month: +0.7%
  • 3 Month Average: 147
  • Year Over Year: +0.4%
Employment Services +3,700
  • Month Over Month: +3.1%
  • 3 Month Average: 121
  • Year Over Year: +2.0%

Metropolitan Month-Over Month Job Growth by Sector

*The following chart displays the latest local job growth by sector compared to the previous month. Note that if a sector experienced losses or flat growth, it will not be displayed as part of the graphic.

BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.

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