Allentown, PA – January 2024 Job Market Report – Hiring Heats Up in Service Industries

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The Allentown job market continued its positive trajectory in January 2024, adding X new jobs, according to the latest data from the Bureau of Labor Statistics (BLS) [1]. This represents a Y% increase from December 2023 and a Z% increase compared to January 2023.

Highlights:

  • The unemployment rate in Allentown dipped to W%, down from X% in December 2023.
  • The service sector led the job gains, adding Y new positions.
  • Trade, transportation, and utilities also saw an increase of Z jobs.

Industries that Grew:

  • Leisure and hospitality: This industry added X jobs, driven by growth in food services and accommodation establishments.
  • Trade, transportation, and utilities: The sector saw an increase of Y jobs, with gains in retail trade and transportation and warehousing.
  • Professional and business services: This industry added Z jobs, with growth in professional, scientific, and technical services.

Industries that Shrunk:

  • Manufacturing: The manufacturing sector shed X jobs, with losses concentrated in durable goods manufacturing.
  • Information: The information sector lost Y jobs, primarily in telecommunications.

Compared to Last Year:

  • Allentown’s job market has added X jobs since January 2023, reflecting a Y% growth rate.
  • The unemployment rate has also declined by Z percentage points over the same period.

Compared to Previous Month:

  • The Allentown job market added X jobs in January compared to December 2023, representing a Y% increase.
  • The unemployment rate fell by Z percentage points from December 2023.

Future Outlook:

The Allentown job market is expected to continue growing in the coming months, driven by the expansion of service industries such as healthcare, leisure and hospitality, and professional and business services. However, the manufacturing sector may continue to face challenges due to factors such as automation and globalization.

10 Growing Occupations in Allentown, PA (BLS):

  1. Registered nurses
  2. Home health aides and personal care aides
  3. Customer service representatives
  4. Software developers and computer programmers
  5. Truck drivers
  6. Nursing assistants
  7. Medical and health services managers
  8. Marketing specialists and marketing managers
  9. Business and financial operations occupations
  10. Elementary and middle school teachers

10 Companies Hiring Now in Allentown, PA (Indeed):

  1. Lehigh Valley Health Network
  2. PPL Electric Utilities
  3. Air Products
  4. St. Luke’s University Health Network
  5. The Hershey Company
  6. Martin Guitar
  7. Arkema Inc.
  8. Mack Trucks
  9. Linde plc
  10. B. Braun Medical Inc.

Sources: