a major staffing firm. “Things may be changing elsewhere, but that just seems to fuel more growth here — and quicker.”
Many companies tapped the brakes on hiring early in the summer, amid concerns about the Federal Reserve raising interest rates to combat inflation. Now they’re trying to hire at a fast pace, especially for contractors who can hit the ground running, Vick said. It’s a chance for some to catch up, said Denton: “So many companies simply couldn’t hire before because there wasn’t enough talent available.”, according to the Dallas Fed. In professional and business services, one of the most important segments in Dallas-Fort Worth, Texas led the U.S. in annualized growth rate 6.1% to 3.8%.The big gap was in oil and gas: Through July, the energy segment grew at an annualized rate of 27.3% in Texas compared with 19.7% for the U.S.