Lewisville - Coppell | February 2023

LOW UNEMPLOYMENT Denton, Dallas, Tarrant and Collin counties have seen lower unemployment rates than in previous years, according to fiscal year quarter four 2023 data. Because of this, the job market is competitive to employ people.

JOB INCREASE The counties have seen an increase in the numbers of overall jobs. Collin County Dallas County Denton County Tarrant County Key:

2.5M

Key: COLLIN COUNTY

Employed Unemployed

2,088,756

DALLAS COUNTY

1,863,939

58,044

18,625

1,432,852

626,815

1.5M

608,190

1,374,808

Total

1,130,578

967,575

608,712

DENTON COUNTY

TARRANT COUNTY

420,897

39,932

16,717

500K

363,203

1,129,345

552,700

252,665

535,983

1,089,413

Total

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026

Years

SOURCE: WORKFORCE SOLUTIONS FOR NORTH CENTRAL TEXAS/COMMUNITY IMPACT

essential to public safety and the judi- cial system, Eads said. “You can’t incarcerate people with- out having detention officers,” he said. These officers are “critical” to the

Skinner, from Collin County, reit- erated Eads’ point. Staffing presents serious challenges, and it is an issue that he manages on a daily basis, Skin- ner said in an email.

enforcement services but also super- vise the county jail, a sheriff’s chal- lenges extend to the corrections field as well.” Currently, the Collin County Sher- iff’s Office has just under 10% openings in detention officers and just under 3% openings in deputy sheriffs, Skinner said. Starting salary for a detention officer is $19.23 an hour. “Unfortunately, in many sheriff’s offices across the country, the vacancy rate exceeds 35%,” he said. “By any measure this is a crisis.” Challenges facing a short staff

CONTINUED FROM 1

increased by 7.7%. To combat the shortage, officials have turned to recruiting and finan- cial incentives. Staffing shortages These law enforcement staffing challenges are not limited to North Texas but have been seen statewide, Denton County Judge Andy Eads said. “Denton County is not alone in our challenges here,” he said. “It’s a state- wide and national trend.” The Denton County Sheriff’s Office has seen a decrease in applications for law enforcement and is now expe- riencing a 35% staffing level at its jail. Having a fully functioning jail is

“ UNFORTUNATELY, IN MANY SHERIFF’S OFFICES ACROSS THE COUNTRY, THE VACANCY RATE EXCEEDS 35%. BY ANY MEASURE THIS IS A CRISIS.” JIM SKINNER, COLLIN COUNTY SHERIFF AND CHAIR OF THE GOVERNMENT AFFAIRS COMMITTEE FOR THE NATIONAL SHERIFFS’ ASSOCIATION

public safety infrastructure, he said. The shortage has caused a burden on the jail staff, Eads said, as employ- ees now have to take on more shifts to staff the detention center.

“Like other agencies in law enforce- ment, sheriffs across the state and across the nation are facing serious staffing challenges,” he said. “Because many sheriffs provide not only law

APY* 4.60 > edwardjones.com | Member SIPC In December, Dallas County had 120 vacancies in detention areas out of 1,481 positions, Dallas County Sheriff Marian Brown said.

4.45

Compare our CD Rates Bank-issued, FDIC-insured

> edwardjones.com | Member SIPC

3-month

1-year 4.75

6-month

4.45

4.60

% APY*

Compare our CD Rates Bank-issued, FDIC-insured Call or visit your local financial advisor today.

Call or visit your local financial advisor today.

% APY* Len Chavez Financial Advisor 3301 Long Prairie Road Suite 150 Flower Mound, TX 75022 972-724-0330 3-month Compare our CD Rates Bank-issued, FDIC-insured % APY* 6-month 4.50 4.70

Len Chavez Financial Advisor 3301 Long Prairie Road Suite 150 Flower Mound, TX 75022 972-724-0330

1-year 4.75

% APY*

Call or visit your local financial advisor today. * Annual Percentage Yield (APY) effective 01/27/23. CDs offered by Edward Jones are bank-issued and FDIC-insured up to $250,000 (principal and interest accrued but not yet paid) per depositor, per insured depository institution, for each account ownership category. Please visit www.fdic.gov or contact your financial advisor for additional information. Subject to availability and price change. CD values are subject to interest rate risk such that when interest rates rise, the prices of CDs can decrease. If CDs are sold prior to maturity, the investor can lose principal value. FDIC insurance does not cover losses in market value. Early withdrawal may not be permitted. Yields quoted are net of all commissions. CDs require the distribution of interest and do not allow interest to compound. CDs offered through Edward Jones are issued by banks and thrifts nationwide. All CDs sold by Edward Jones are registered with the Depository Trust Corp. (DTC). 3-month 6-month

1-year 4.75

Len Chavez Financial Advisor 3301 Long Prairie Road Suite 150 Flower Mound, TX 75022 972-724-0330 4.45

4.60

COMMUNITYIMPACT.COM