New Skills at Work JPMorgan Chase & Co.

Dallas-Fort Worth Skills Gap Report

There is a high demand for middle-skill workers in the healthcare and information technology sectors.

Unemployment remains high across the globe, yet recent data reveals that employers are having trouble finding workers in key sectors. Through New Skills at Work, our five-year $250 million global initiative, we aim to help markets build a demand-driven workforce development system, and to prepare youth and adults for careers in high-demand, middle-skill occupations.

To advance this work, we are supporting data analysis in domestic and international markets: Chicago, Columbus, Dallas-Fort Worth, Detroit, Houston, Los Angeles, Miami, New York City, San Francisco, France, Germany, Spain and the United Kingdom. The goal is to help fortify regional economies for the future, and advance the vision that all residents have the opportunity for good jobs that enable them to support themselves and their families.

On May 21, 2015, we released the Dallas-Fort Worth Skills Gap Report which provides a comprehensive look at available middle-skill jobs in the healthcare and information technology industries. It offers data-driven steps city policy makers, community colleges, training providers and private sector employers can take to fill these critical, well-paying jobs.

Undeniably, the Dallas-Fort Worth region is thriving. The area is a magnet for new companies and new residents. The region ranks among the top three U.S. metro areas for business expansions, relocations and employment growth.footnote 1 This positive trend is projected to continue through 2023.

However, in dramatic contrast to the surrounding region’s economic prosperity, the city of Dallas has one of the highest concentrations of poverty in the nation. Many of these residents are unemployed or underemployed, preventing them from benefiting from the region’s economic growth. This opportunity gap is disproportionately affecting African-Americans and Hispanics, who represent a large and growing pool of potential middle-skill workers, just as the region needs to expand its talent pipeline.

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EXECUTIVE SUMMARY. The Dallas-Fort Worth region is thriving

View Text Versionof the EXECUTIVE SUMMARY. The Dallas-Fort Worth region is thriving

Healthcare and information technology lead middle-skill demand in Dallas-Fort Worth

View Text Versionof the Healthcare and information technology lead middle-skill demand in Dallas-Fort Worth Infographic.

While the region’s future is bright, more needs to be done to help ensure that all residents can access opportunities to gain the skills that employers value and that lead to the middle class. Some key local industries need a growing number of workers to fill middle-skill jobs that can help more of the region’s residents participate in the region’s economic growth. The good news is that significant efforts are already underway to increase education and skill levels and to align postsecondary and workforce development programs with industry needs.

Learn more about the Skills Gap



1
Dallas Regional Chamber. 2014. Dallas Economic Development Guide. Retrieved from: trendmag2.trendoffset.com/publication/?i=195133