Survey shows labor market growing

Man working at a computer

The Dallas Federal Reserve Manufacturing Survey shows labor market growth and more hours being worked in September.

The survey shows businesses continuing to grow their staff with the employment index jumping 13 points to 18.8 points, its highest in nearly a year. Austin Based Athena Manufacturing’s Matt Newman says that tracks with what he is seeing.

The Fed survey show of the participating Texas Manufacturers, 27% reported net hiring, while 8% noted net layoffs

(Photo: Shutterstock by Eakphum)

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