Dallas Fed Economics
Climbing the employment ladder tough when bottom rung is broken
Recent labor market data appear to reflect a low-hire, low-fire equilibrium. Because aggregate layoffs remain low by historical standards, the upward drift in the unemployment rate over the past two years is often viewed as a benign normalization process rather than a cyclical vulnerability.
May 26, 2026
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 1.8 percent in 2026, with an 80 percent confidence band of 1.2 to 2.4 percent.
May 22, 2026
Southwest Economy
Texas economy shows resilience amid geopolitical uncertainty
The Texas labor market showed signs of increasing momentum in early 2026, with employment growing 1.7 percent during the first quarter after a sluggish 2025.
May 22, 2026
Southwest Economy
Trader remains bullish on cattle despite economic, contagion threats
Leslie Callahan, a co-founder and principal of cattle trading firm Crossroads Cattle, discusses the reasons behind record-high beef prices and challenges facing the industry.
May 20, 2026
Working Paper
Can Creating Legal Pathways Reduce Unauthorized Immigration? Evidence from the CHNV Parole Program
This paper shows that overall, the program appears to have reduced attempts to enter the United States by Nicaraguans, had no impact among Cubans and Venezuelans and increased the number of Haitian migrants.
May 01, 2026
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 1.8 percent in 2026, with an 80 percent confidence band of 1.2 to 2.4 percent.
May 01, 2026
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 1.4 percent in 2026, with an 80 percent confidence band of 0.7 to 2.1 percent.
April 17, 2026
Working Paper
The Power to Discriminate
Economic theory has long linked employer power to discrimination, but theory and empirical applications have seldom considered which form of power matters. This paper distinguishes between labor market and product market power and designs a study to isolate the role each plays in allowing discrimination to persist.
April 16, 2026
Texas Employment Forecast
The Texas Employment Forecast indicates jobs will increase 1.9 percent in 2026, with an 80 percent confidence band of 1.1 to 2.7 percent.
April 03, 2026
Dallas Fed Economics
Break-even employment declines as unauthorized immigration outflows continue
For policymakers, interpreting labor market conditions increasingly requires looking beyond headline payroll growth and incorporating timely measures of immigration and labor supply.
March 31, 2026