January 2019 — Labor Market Intelligence Center
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The finance and insurance industry, bundled with accounting, makes up the 6th largest sector by employment in the DFW area, averaging 24,300 new hires per year.
Source: JobsEQ
About the Industry
The Accounting sector consists in providing services, such as auditing of accounting records, designing accounting systems, preparing financial statements, developing budgets, preparing tax returns, processing payrolls, bookkeeping, and billing.
The Finance and Insurance sector compromises the transactions involving the creation, liquidation, or change in ownership of financial assets.
“In the Dallas-Plano-Irving area, the share of jobs in finance and insurance is higher than in the nation, state, and even New York.”
—U.S. Bureau of Labor Statistics Laurie Joseph/Staff Artist
Notable DFW Employers
- Fidelity Investments
- Fannie Mae
- Capital One
- Federal Reserve Bank of Dallas
- GM Financial
- Goldman Sachs & Co
- JP Morgan Chase
- TD Ameritrade
Source: BusinessWise
Recent Company Expansions in DFW
- Liberty Mutual
- Charles Schwab
- Toyota Financial Services
Skills in Demand
While many occupations require technical training, employers have placed soft skills at the top of their priority list.
- Project Management
- Excel
- SQL
- Financial Analysis
- Accounting
Source: Burning Glass & LMIC Survey
DCCCD Program and Certificate Options
- Mortgage Banking
- Accounting
- Tax Preparation
Target Jobs
Target Jobs Wages
Loan Interviewers and Clerks
$21.79
Tellers
$13.21
Bookkeeping, Accounting, and Audition Clerks
$20.32
Billing and Posting Clerks
$17.66
Bill and Account Collectors
$18.29
Securities, Commodities, and Financial Services Sales Agents
$28.25
Loan Officers
$33.54
Financial Analysts
$40.20
Accountants and Auditors
$36.63
Financial Managers
$65.42
Source: Burning Glass
“From 2008 to 2018, Credit Card Issuing businesses experienced the strongest growth within the sector in the DFW region.”
For More Information
Contact Ben Magill, executive director, Labor Market Intelligence Center.