job market report

Texas clocks in as No. 11 in new report of best job markets nationwide

Texas' job market still has room for improvement.

With the overall economy showing signs of bouncing back from the early days of the COVID-19 pandemic, Texas is also displaying room for improvement with an employment sector that lands outside the top 10 in a new nationwide study.

B2B sales recruiting experts Peak Sales Recruiting designated the Lone Star State No. 11 in their 2023 report that ranks the best and worst job markets across all 50 states and the District of Columbia.

Overall, the American Southeast has some of the strongest labor markets in 2023, the report states. Louisiana earned the crown as the No. 1 state, and seven additional Southern states earned spots in the top 10: South Carolina (No. 2), Florida (No. 3), Virginia (No. 4), Georgia (No. 5), Alabama (No. 7), Kentucky (No. 8), and Arkansas (No. 9).

"The Southeast is...driven by strong employment growth, job openings and quits – meaning job seekers have their pick of the litter," the report says.

Rounding out the top 10 are Idaho in No. 5, and Delaware in No. 10.

The report examined the most recent available data from the Bureau of Labor Statistics on employment growth, layoffs, and resignation rates, job openings, and more to determine their rankings.

Perhaps controversially, popular states like New York and California were at the bottom of the list with the worst job markets, ranking No. 50 and No. 51, respectively.

"Despite its reputation as a hub for innovation and technological advancement, California faces significant challenges in its labor market," the report says. "Average weekly wages in the state have dropped by 6.9 percent, while 8.7 percent of workers are underemployed and the quit and job opening rates were lower than in most other states."

That might explain why Californians keep moving to Dallas.

For Texas employers looking to improve their employee culture and retention, Peak Sales Recruiting offers five tips: embracing the rise of remote work opportunities; prioritizing diversity and inclusion among staff recruitment; offering competitive compensation packages and benefits to improve employee retention; focusing on employees' growth within the company; and providing a good workplace culture.

The full report can be found on peaksalesrecruiting.com.

texas reports job market

Turkey Day news

Dallas eats up top-5 rank on list of best cities for Thanksgiving

Photo courtesy of Razzoo's

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Dallas is sitting at the head of the table as one of the best places in the country to celebrate Thanksgiving this year, a new study has revealed.

Dallas ranked No. 5 out of 100 of the largest U.S. cities in WalletHub's annual "Best Places to Go for Thanksgiving" report, published November 12. The city made a huge leap over its 2023 ranking as No. 17, and remains the highest-ranking Texas city.

The study analyzed each city based on 18 metrics to determine the best places for Thanksgiving, such as the number of pumpkin patches per capita, the average cost of a Thanksgiving dinner, the number of volunteer opportunities, the average weather forecast, and more. The metrics were then organized into five overall categories to determine the rankings.

The category that Dallas ranked the highest in was the number of celebrations and traditions (No. 2), and the average weather forecast during the holiday period (No. 9), while the lowest-ranked category was for safety and accessibility (No. 82). Other categories that determined Dallas' overall ranking were affordability (No. 60), and a "giving thanks" rank (No. 26).

Dallas restaurants are getting prepared for their big Turkey Day feasts, and CultureMap has rounded up a thorough list of all of the local restaurants hosting holiday feasts, from brunch to dinner.

"The best cities for celebrating Thanksgiving all have an abundance of high-quality restaurants and places to buy festive decorations, and their residents get very excited for the holiday based on their Google search history," said WalletHub analyst Chip Lupo.

By Thanksgiving on November 28, Dallas will be fully decked for the December holidays. Dallasites who will have extended family in town during Thanksgiving weekend can take in of all the marvelous Christmas lights brightening the city. Dallas-Fort Worth goes all out for the most wonderful time of year.

Across North Texas, three Dallas-area cities also made big improvements from their 2023 rankings. Irving moved up 10 spots to claim No. 19 this year, and Garland jumped up 21 spots on the list as No. 34. Arlington made the biggest improvement in the region, moving from No. 78 last year to No. 55 this year.

Meanwhile, Plano and Fort Worth slipped in the rankings, falling into No. 44 and No. 45 in 2024, respectively. Plano previously ranked No. 38 in 2023, and Fort Worth was No. 36.

San Diego, California (No. 1) topped the overall list of best places to go for Thanksgiving this year, followed by its Golden State neighbors San Francisco (No. 3) and San Jose (No. 4). Atlanta, Georgia (No. 2) rounds out the top five.

dallas fort worth thanksgiving wallethub rankings