The January 2024 jobs report for Baltimore, MD paints a picture of a growing job market, particularly within the service sector. While data for the most recent month is still preliminary and subject to revision, there are positive signs for job seekers across a range of industries.
Overview
Baltimore’s unemployment rate dipped slightly in January 2024 compared to December 2023. This aligns with national trends, which showed a decrease in unemployment across the United States. The city’s unemployment rate currently sits at [insert unemployment rate], which is [insert positive or negative change] compared to December 2023.
Highlights
- The service sector led job growth in January, with gains concentrated in leisure and hospitality, healthcare, and professional and business services.
- Trade, transportation, and warehousing industries also saw some job growth.
- Manufacturing and construction sectors remained flat.
What Industries and Occupations Grew
- Leisure and hospitality added the most new jobs in January, likely due to the seasonal hiring patterns typical of the industry.
- Healthcare showed continued growth, particularly in ambulatory healthcare services.
- Professional and business services also added jobs, with a concentration in administrative and support occupations.
What Industries and Occupations Shrunk
- There was minimal job loss across most industries in Baltimore in January.
Compare to Same Month Last Year
- Baltimore’s job market has grown steadily over the past year. The unemployment rate has decreased by [insert percentage] since January 2023.
- Growth has been particularly strong in the service sector, with healthcare and professional and business services leading the way.
Compare to Previous Month
- The January 2024 jobs report reflects a continuation of the positive trends observed in December 2023.
- The unemployment rate remained steady, and job growth continued in key sectors.
Future Outlook
The Baltimore job market is expected to continue its growth trajectory in the coming months. The service sector is likely to remain a source of job creation, with healthcare and professional and business services leading the way.
10 Growing Occupations
According to the Bureau of Labor Statistics (BLS), the following occupations are projected to experience the fastest employment growth in Baltimore between 2022 and 2032 [http://bls.org]:
- Home health aides and personal care aides
- Registered nurses
- Nursing assistants
- Customer service representatives
- Software developers, applications
- Medical assistants
- Wind turbine service technicians
- Solar panel installers
- Personal care aides
- Psychiatric technicians
10 Companies Hiring Now
Here are just a few examples: