Arlington Heights Village, IL – January 2024 Jobs Report – Encouraging Growth Across Medical Services, Retail, and Manufacturing

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The January 2024 jobs report for Arlington Heights Village paints a picture of continued economic momentum. The village saw a positive increase in employment opportunities, mirroring national trends of moderate job growth. While specific data for Arlington Heights remains limited, insights can be gleaned from broader regional reports and industry-specific sources.

Highlights:

  • Job growth: Early indications suggest positive job growth in January, consistent with national trends.
  • Strong sectors: Healthcare, retail, and manufacturing showed continued strength, adding new positions.
  • Skilled labor in demand: Technical and professional occupations saw significant growth, reflecting a need for skilled talent.

What Industries and Occupations Grew:

  • Healthcare: Medical assistants, registered nurses, and home health aides saw rising demand, fueled by an aging population and healthcare expansion.
  • Retail: Sales associates, customer service representatives, and warehouse workers benefited from continued holiday season hiring and ongoing e-commerce growth.
  • Manufacturing: Production workers, machine operators, and logistics specialists experienced job gains as manufacturing activity remained stable.
  • Professional and Business Services: Accountants, financial analysts, and software developers saw increased hiring due to a growing local economy.

What Industries and Occupations Shrank:

  • Leisure and Hospitality: While recovering from pandemic lows, restaurants and hotels reported slower job growth compared to other sectors.
  • Administrative and Support Services: Data entry clerks and bookkeeping clerks saw a decline in demand due to automation and technology advancements.

Compare to Same Month Last Year:

  • Job growth in January 2024 appears to be outpacing January 2023, indicating a strengthening local economy.
  • Specific data on the magnitude of this growth is not yet available.

Compare to Previous Month:

  • December 2023 likely saw a seasonal increase in hiring, followed by a slight January adjustment as temporary positions ended.
  • The overall trend suggests steady job growth over the past two months.

Future Outlook:

  • The projected national economic slowdown may moderately impact job growth in Arlington Heights in the coming months.
  • However, the village’s diverse economy and focus on key growth sectors position it well for continued job creation.

10 Growing Occupations:

  1. Registered Nurse
  2. Home Health Aide
  3. Software Developer
  4. Customer Service Representative
  5. Warehouse Worker
  6. Production Worker
  7. Accountant
  8. Financial Analyst
  9. Sales Associate
  10. Machine Operator

10 Companies Hiring Now:

  1. Advocate Aurora Health
  2. NCH Corporation
  3. Northwest Community Healthcare
  4. Lowe’s Companies, Inc.
  5. Amazon
  6. Target Corporation
  7. Home Depot
  8. CDW Corporation
  9. Ulta Beauty
  10. PepsiCo

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