El Paso jobs are readily available and can be found in a variety of different industries, although some large employers account for a vast majority of the employees in the area. The local economy also plays a significant role in job growth with an unemployment rate of 4.5 percent, slightly higher than the national unemployment rate of 3.9 percent in April 2018.
The No. 1 industry in El Paso for job growth over the past year has been health care. The health care industry has been influential in El Paso for several years, with a 3.2 percent growth rate in 2017, and the expectation is that it will continue to stay active, with a growth rate of 2.5 percent and an additional 48,000 new jobs. While the forecast does allow for a slower pace, the positive impact of the growth should not be underestimated.
In 2018, two major employers have plans to open second locations in the El Paso area. This will potentially have a drastic effect on the local economy and job market. Pacific Union Financial will be opening a mortgage center in El Paso, which is expected to add nearly 150 jobs in the next year with up to 700 jobs over the next five years. Topgolf, a Dallas-based company, plans to open a high-tech golf range and entertainment center that will require over 500this year. The potential for new jobs over the next 5 or 10 years is significant. While many of these jobs will be part-time or entry-level positions, there will also be a need for managerial roles as well as business and office or administration jobs.
With the continued job growth and the strong health care industry segment, employment opportunities in El Paso will continue to be abundant. Also, the addition of Topgolf and Pacific Union Financial will create even more jobs and more possibilities for job seekers.