Council Committee to Receive Briefing This Morning on Dallas's "Flat Employment" Rate
|From this morning's presentation to the council's Economic Development Committee|
But a few pages in and it's not all champagne and Calatravas. Dallas's unemployment rate, below the national average for most of the recession, is catching up -- or, as the briefing puts it to soften the blow, "Dallas' unemployment rate is converging to the U.S." And out of the million folks who work in the city limits every day, 727,000 are "suburban residents [who] come into the city for their work," then scoot when it gets dark.
Worse, says the presentation, there exists in Dallas what the OED calls an "industry mismatch," meaning: "Dallas' workforce is heavily concentrated in the lower paying, higher unemployment occupations." Which leads to this question: Does Dallas have the "wrong workforce or the wrong jobs"? Answers forthcoming. Tune in.