In almost all areas, unemployment is extremely low, at 4.2%. And Millennials (those aged 25 to 34 years old) shaping the current workforce, are in high demand. According to the Bureau of Labor Statistics, unemployment for that demographic is even lower at 3.9%.
Furthermore, wages have begun to move up at this point in the cycle for many jobs. Based on a recent study by JLL, the average US household income is now $83,700, and Millennials, many who are beginning or in the early stages of their careers, are not far behind at $75,400.
DFW is a Millennial Money Magnet via GlobeSt