PriyaPatel
TLDR:
- Dallas-Fort Worth ranks second in job postings in the financial services sector, following New York.
- Plano and Irving have seen significant growth in financial services job postings since 2019.
Job postings in the financial services sector surged in Dallas-Fort Worth in the last two years, according to research from JLL. The region was only second to New York in job postings between 2021 and 2023, surpassing Chicago. Dallas-Fort Worth totaled 64,191 job postings to New York’s 129,072 during the two-year span. JLL also found the North Texas cities of Plano and Irving have experienced the most percentage growth in financial services job postings across the U.S. since 2019. The established Collin County community of Plano saw job postings in the sector rise by 84%, while Irving, to the west of Dallas, saw a 75.9% jump. Tampa, Fla., a region that experienced an influx of residents primarily from the U.S. Northeast during and after the COVID-19 pandemic, ranked third with a 64.5% gain. JLL attributes some of the job posting growth to financial services firms preparing for digital transformation, working to evolve nimbly and efficiently. Dallas-Fort Worth has continued to attract both companies and workers specializing in the broader financial services sector due to its central location, relative affordability, talent pool and overall business friendliness.
Key Points:
Job postings in the financial services sector surged in Dallas-Fort Worth in the last two years, with Plano and Irving experiencing significant growth since 2019. Companies like Goldman Sachs, Charles Schwab, TIAA, and M Financial have expanded or moved their operations to the region, contributing to the sector’s growth. Dallas’ central location, affordability, and talent pool have made it an attractive destination for the finance industry.
