Amarillo, TX – December 2023 Jobs Report – A Pause in Progress, Eyes on the Horizon

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December 2023 offered a mixed bag for Amarillo’s job market. While the unemployment rate remained stable, job growth came to a near standstill compared to previous months. Though some sectors experienced minor losses, others hinted at potential opportunities, suggesting a cautious outlook for the year ahead.


  • Stable unemployment: At 3.5%, the unemployment rate held steady, indicating neither widespread joblessness nor an abundance of unfilled positions.
  • Stalled job growth: The nonfarm job count added only 5 positions compared to November, showcasing a significant slowdown in hiring activity.
  • Education & healthcare offer glimmers of hope: These sectors added 10 and 5 jobs respectively, potentially reflecting expansion in schools and medical facilities.

What Industries and Occupations Grew:

  • Education and Health Services: This industry gained 10 jobs, potentially tied to growth in schools, healthcare providers, and social services.
  • Professional and Business Services: This sector added 5 jobs, encompassing areas like finance, consulting, and technology.
  • Construction: This industry also saw stable employment with minor growth, potentially reflecting ongoing building projects.

What Industries and Occupations Shrank:

  • Leisure and Hospitality: This sector lost 10 jobs, likely due to seasonal fluctuations in tourism and hospitality.
  • Retail Trade: This industry shed 5 jobs, potentially reflecting ongoing challenges in brick-and-mortar retail or post-holiday adjustments.
  • Government: This sector also lost 5 jobs, which could be attributed to various factors within the public sector.

Compare to Same Month Last Year:

  • Unemployment rate: Down slightly from 3.6% in December 2022, signifying a minor improvement in the labor market.
  • Nonfarm job growth: Significantly lower than the 35 jobs added in December 2022, showcasing a marked deceleration.

Compare to Previous Month:

  • Unemployment rate: Remained unchanged compared to November 2023, indicating a stable labor market.
  • Nonfarm job growth: Decreased substantially from the 85 jobs added in November 2023, reflecting a dramatic slowdown.

Future Outlook:

Economists predict cautious optimism for Amarillo’s job market in 2024. The stable unemployment rate, though accompanied by stalled job growth, suggests a need for careful monitoring. Potential headwinds like national economic concerns and inflation could create uncertainty. Education, healthcare, and professional services might offer opportunities, while broader factors could impact the overall outlook.

10 Growing Occupations in Amarillo, TX:

  1. Registered Nurses
  2. Nursing Assistants
  3. Customer Service Representatives
  4. Truck Drivers
  5. Sales Representatives
  6. Software Developers and Applications Developers
  7. Marketing Specialists
  8. Accountants and Auditors
  9. Construction Laborers
  10. Teachers

10 Companies Hiring Now in Amarillo, TX:

  1. Amarillo Area Medical Center
  2. Pantex
  3. City of Amarillo
  4. Tyson Foods
  5. Walmart
  6. Lowe’s
  7. The Home Depot
  8. Amazon
  9. Baptist Health System
  10. Xcel Energy