Is your organization or company conducting a round of layoffs soon? Do you need to provide outplacement support to your affected employees so that they can find new jobs and positions as soon as possible?
Dallas, Texas is a major metropolitan area in the south-central United States. It is home to an array of cultures and workers from all walks of life. According to the U.S. Census Bureau, Dallas had a population of 1,345,746 people in 2019, making it the third largest city in Texas and the ninth largest in the United States. This population is composed mostly of non-Hispanic white (40%), Black or African American (25%), Hispanic or Latino (29%) and Asian (5%) groups.
The workforce in Dallas is heavily concentrated in professional services such as finance and insurance; real estate; information technology; healthcare; hospitality and retail; education, government and other public administration; manufacturing; construction; and transportation. These are industries that can be prone to mass layoffs and reductions in force, making it critical that outplacement services are used.
In terms of education levels, 39% of workers over the age of 25 in Dallas have a bachelor’s degree or higher, while 21% have an associate’s degree or some college experience without completing a degree. Another 28% have completed high school or obtained their GED credentials.
Women make up nearly 50% of the workforce in Dallas and are heavily represented in healthcare and social assistance; professional, scientific and technical services; educational services; finance and insurance; and retail trade industries. In addition to this, women earn approximately 77 cents for every dollar earned by men in the same job.
The median age of workers in Dallas is 34 years old, and the number of workers aged 65 and over has grown by 19% since 2010. The majority (80%) of older workers are employed full-time. The top occupations for this group include office clerks, marketing and sales managers, registered nurses, retail salespersons, food service employees, janitors and cleaning staff, truck drivers, first-line supervisors of production staff, accountants and financial advisors, cashiers and bookkeeping clerks.
Major employers in Dallas, Texas include American Airlines, AT&T, Bank of America, Baylor Scott & White Health, Children’s Health System of Texas, Comerica Bank, FedEx Office, JPMorgan Chase & Co., Southwest Airlines and Texas Health Resources. Other major employers in the city include Crest Foods Inc., Neiman Marcus Group Inc., The Home Depot Inc., Walmart Stores Inc., Lowe’s Companies Inc. and BNSF Railway Company. Additionally, many small businesses throughout the city provide employment opportunities for local residents. Education is also a major provider of employment in Dallas with the Dallas Independent School District being one of the largest employers in the area followed by Southern Methodist University and University of North Texas at Dallas. Healthcare is another large contributor to the employment in Dallas with UT Southwestern Medical Center and Parkland Health & Hospital System being two of the largest employers. The Dallas-Fort Worth area is an economic powerhouse, and there are many opportunities for employment throughout the regio
Additionally, a wide array of technology companies have established headquarters or satellite offices in the city including Amazon, Apple, Dell Technologies, Google Cloud Platform and IBM Watson. With its vibrant economy and competitive job market, Dallas has become increasingly attractive to both local and international talent.
With a population of skilled professionals from a variety of backgrounds and experiences joining together to create innovative solutions for the city, Dallas is well-positioned for continued growth and prosperity.