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Workforce

Overview

As part of the DFW Metroplex, with a growing population, Granbury and Hood County offer a large, talented labor shed within 35 miles of downtown Fort Worth.  The primary labor shed comprises seven counties with a growing population of 2,605,438, a civilian labor force of over 1,330,000, and a labor force participation rate of 66% which is higher than the State of Texas and U.S. 

AreaLabor ForceEmploymentUnemploymentUnemployment Percent
City of Granbury4,9214,7681533.1
Hood County28,98227,8831,0993.8
Labor Shed1,332,1121,282,61249,5003.7
DFW Metroplex4,245,2474,105,273139,9743.3

Source, EMSI, ESRI, Jobs EQ, 2022, Texas Workforce Commission.  Labor Shed Counties:  Hood, Somervell, Tarrant, Parker, Johnson, Erath, and Palo Pinto Counties..   

Workforce_greenLabor Costs

AreaAverage Earnings Per JobAverage Wages
City of Granbury$45,347$43,857
Hood County$50,400$45,188
Labor Shed$69,900$56,405

           Source:   Jobs EQ, 2022, QCEW, EMSI, 2022      

     

Selected Occupation Employment & Wages

Manufacturing/Aerospace Cluster-Labor Shed Area


Occupation Snapshot


Occupations

Employment 

Average Mean Wages

Location Quotient*


Team Assemblers

10,085

$33,600 

1.19


Maintenance and Repair Workers, General

9,998

$41,800 

0.93


Inspectors, Testers, Sorters, Samplers, and Weighers

5,130

$40,600 

1.2


First-Line Supervisors of Production and Operating Workers

4,755

$64,300 

1.02


Welders, Cutters, Solderers, & Brazers 

4,384

$42,100 

1.37


First-Line Supervisors of Mechanics, Installers, and Repairers

3,987

$70,300 

1.1


Industrial Machinery Mechanics

3,356

$52,500 

1.13


Production, Planning, and Expediting Clerks

3,209

$50,500 

1.13


Machinists

3,084

$44,500 

1.13


Purchasing Agents, Except Wholesale, Retail, and Farm Products

2,478

$81,200 

1.06


 

 

 

 

Source-Jobs EQ, 2022, * Location Quotient:  A location quotient (LQ) is an analytical statistic that measures a region’s industrial specialization relative to a larger geographic unit (usually the nation). An LQ is computed as an industry’s share of a regional total for some economic statistic (earnings, GDP by metropolitan area, employment, etc.) divided by the industry’s share of the national total for the same statistic. For example, an LQ of 1.0 in mining means that the region and the nation are equally specialized in mining; while an LQ of 1.8 means that the region has a higher concentration in mining than the nation.  



 






     

  1. Granbury, Texas Homepage

The City of Granbury

  1. 116 W Bridge Street,

  2. Granbury, TX 76048

  3. Phone: 817-573-1114

  4. Staff Directory

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