You are currently viewing What will 2022 bring to Dallas-Fort Worth businesses?

What will 2022 bring to Dallas-Fort Worth businesses?

2021 was supposed to be the year the COVID-19 disruption faded in the rearview mirror.

Instead, the life-changing virus has put the fine print in focus: Objects in the mirror are closer than they appear.

The economic fallout from the global pandemic – labor shortages, supply chain disruptions, soaring house prices, inflation – reverberated throughout the year across Dallas-Fort Worth, Texas. , the nation and the world.

And just as it emerged the United States had pushed back one nasty variant of the virus, another appeared on the scene to confuse questions ahead of 2022. Among them:

  • Is last year’s Great Resignation destined to become this year’s Great Reshuffle?
  • Are hybrid workplaces here to stay as the Dallas-area office tower occupancy rate hovers around 50% two years after the start of the pandemic?
  • When will the knotted supply chain causing out-of-stock messages for buyers be corrected?
  • Does Texas retain its magnetic appeal as a site for relocation and corporate investment?
  • When will the hard-hit healthcare, aviation and hospitality sectors experience a return to the good times before the pandemic?

A clearly cohesive theme emerged in 2021: Never before have workers of all types been so in demand. As millions of Americans have left the workforce altogether, it has created a market for skilled workers that has given them their choice of job opportunities.

Employers, take note: this will not change at the dawn of 2022.

Forty percent of Dallas workers will be looking for new jobs in the first half of the new year, according to a survey conducted in mid-December by recruiting firm Robert Half. And these workers are so optimistic that 30% said they would quit their current job without even planning their next job.

Who is likely to seek? Robert Half’s survey indicates that these are Generation Z professionals (52%), workers who have worked in a company for two to four years (49%) and technology personnel (47%).

Why are they looking? Better wages, benefits and benefits. In addition, the ability to work remotely at all times, the investigation revealed. More than half of Dallas workers said they were interested in fully remote jobs, even if it meant moving to another company in a different city or state.

So the war for talent will only intensify this year for all those companies that are desperate to hire, like Fort Worth-based American Airlines and Dallas-based Southwest Airlines and the Legion of restaurants, hotels and other service companies. the region.

It’s the easy-to-see prediction floating on top of our crystal ball.

Here are other best estimate scenarios for some of the key issues facing D-FW’s economy and most vital industries and businesses.

From Mitch Schnurman:

Will the Dallas-Fort Worth heavy-duty machine keep running next year?

From Steve Brown:

Will the Dallas-Fort Worth real estate market keep its running?

From Dom DiFurio:

Will Dallas-Fort Worth capitalize on its full relocation pipeline?

From Kyle Arnold:

Will airline hiring keep pace with travel demand and prevent further debacles?

From Maria Halkias:

Will the opening of HE-B’s Frisco and Plano stores upset the grocery cart? and

How long will supply chain issues persist into the new year?

From Natalie Walters:

Will the money continue to flow in IPOs, PSPCs and transactions in the new year?

From Marin Wolf:

Will hospital staff be enough to deal with the next wave of COVID variants?

Leave a Reply