Dallas-Fort Worth grows faster than other large metros in US
Dallas Morning News:
Dallas-Fort Worth’s job base grew the fastest of the nation’s dozen biggest metro areas over the year, the Bureau of Labor Statistics reported Thursday.The Dallas-Fort Worth area is a centrally located transportation hub for companies with a nationwide reach that has affordable housing which makes it attractive to employees with families. Unlike many coastal spots, it also has room to expand and build corporate self-contained campuses for those who work there.
From November 2016 to November of last year, the D-FW metro added 100,400 jobs — a 2.8 percent increase. That was also the largest increase by sheer number.
Boston and Phoenix each grew 2.2 percent during the same time, and employment in Atlanta grew 2.1 percent.
Much of D-FW’s growth was spurred by expansion in professional and business services, which added 31,100 positions. That’s no surprise as regional leaders work to recruit corporate headquarters that employ thousands of highly paid workers in sprawling new developments anchored by offices.
In particular, financial services companies have expanded their head counts in areas where living costs are cheaper than the coastal cities where those companies often have their headquarters.
Charles Schwab, for instance, is expected to have 2,600 workersat its campus in Westlake that's under construction.