According to the Federal Reserve Bank of Dallas, the unemployment rate in Texas was 4.4% as of August 2021. This represented a steep drop from a revised rate of 9% in July 2021. It is believed that economic conditions in the state will continue to improve as the COVID-19 crisis continues to stabilize along with oil prices. Many experts say that today’s job market is the most favorable that new college grads have encountered in several years.
Dallas Is Considered a Hub for Tech Workers
Nicknamed the Silicon Prairie, Dallas is home to almost half of all the tech workers in the state of Texas. The city takes special pride in its status as one of the prime locations in the state for both new and mature telecom companies. Nortel, Ericsson and Southwest Bell are just a few of the large telecom firms that call the city home.
Manufacturing Is Also Big Business In Dallas
The manufacturing sector is one of the fastest growing in the state of Texas. Therefore, new grads who are looking for work in Dallas should target this sector when looking for opportunities for steady employment. One of the largest manufacturers of consumer goods in the United States, Kimberly-Clark is headquartered in this city.
Are You Looking to Put Your Engineering Degree to Good Use?
The city of Dallas is home to a variety of companies that help build planes, tanks and other tools that the military uses to keep Americans safe. If you would prefer to work in the private sector, there are also opportunities to build and design commercial aircraft and other vehicles that help people get to their destinations in a safe and convenient manner.
You Should Have Little Trouble Finding Work in the Hospitality Sector
With so many large companies in the Dallas metro area, you can be sure that executives, clients and others associated with these firms will need places to stay. The same is true of those who are coming to the city to watch a Dallas Mavericks basketball game or a Dallas Cowboys football game. This means that there is going to be a significant demand for hotel, restaurant and other workers who want to start a career in the hospitality business.
If Dallas isn’t quite your scene, there is also significant demand for hospitality workers in other large cities such as Houston, Austin and San Antonio. In fact, San Antonio was recently named one of the best cities for college grads who are looking to find their first jobs out of school.
Oil Is Synonymous With Texas
ExxonMobil is one of 19 Fortune 500 companies that are located in downtown Dallas. This shouldn’t come as a surprise since Texas has long been associated with the oil reserves that were discovered there in the first part of the 20th century. The discovery of this substance significantly altered the economic and political trajectory of the state.
Therefore, the oil industry is widely regarded as one of the most important in Texas. This means that you should be able to find steady employment in this sector even if you have little more than a college degree to showcase on your resume.
It’s worth noting that you can find jobs in this field almost anywhere in the state, which can be ideal if you don’t want to live in a large city. In some cases, living in smaller cities can be in your best interest as your salary will go farther in areas that have lower living costs.
The Advertising and Marketing Sectors are Always Looking for Creative Minds
Although Dallas is a popular location for tourists, young professionals and others, the city still spends significant amounts of money on promotional campaigns. It also spends a significant amount of money upgrading its infrastructure so that it can position itself as a global destination.
For example, the city has recently spent $62 million to maintain and upgrade its downtown districts. It also spent over $2 billion to upgrade its airport in an effort to attract international travelers.
If you decide that the advertising field is right for you, your first job may be to promote these efforts to a wider audience. As a general rule, a marketing agency will consider applicants who have just gotten their college degree. Therefore, you may have the chance to embark on an exciting career path as soon as you finish school.
The state of Texas will be one of the hottest places for college graduates to find jobs in the coming months and years. In addition to a thriving job market, many of the larger cities offer the ability to live the exciting and diverse lifestyle that most young professionals enjoy. Therefore, it’s in your best interest to start your job search by looking at employers in the Dallas area and other population centers throughout the state.