Beaverton, OR – January 2024 Jobs Report – Steady Growth Across Diverse Sectors

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The Beaverton job market maintained stable growth in January 2024, with new positions emerging in various sectors. Data suggests continued expansion throughout 2024, fueled by technology, healthcare, and professional services.

Highlights:

  • Total job postings: Increased by 5% compared to December 2023 (Source: Indeed)
  • Unemployment rate: Steady at 3.2%, maintaining pre-pandemic levels (Source: Bureau of Labor Statistics)
  • Average salary: $68,000, reflecting a 2% increase year-over-year (Source: Glassdoor)

What Industries and Occupations Grew:

  • Technology: Software developers, data analysts, cloud engineers (20% increase in postings from December)
  • Healthcare: Registered nurses, physician assistants, home health aides (15% increase)
  • Professional Services: Accountants, financial analysts, marketing specialists (10% increase)
  • Education: Teachers, instructional assistants, school counselors (8% increase)

What Industries and Occupations Shrank:

  • Retail: Cashiers, sales associates (5% decrease in postings)
  • Administrative Support: Secretaries, receptionists (3% decrease)
  • Hospitality: Food service workers, hotel housekeepers (2% decrease)

Compare to Same Month Last Year:

  • Overall job postings are up 12% compared to January 2023.
  • Tech and healthcare sectors saw the most significant growth (25% and 20% respectively).
  • Retail and administrative support experienced slight declines (3% and 2%).

Compare to Previous Month:

  • Job postings increased by 5% compared to December 2023.
  • All major industries except retail saw positive growth.
  • The average salary remained stable month-over-month.

Future Outlook:

Economic forecasts predict continued job growth in Beaverton throughout 2024. The tech sector is expected to drive expansion, followed by healthcare and professional services. However, potential economic headwinds and rising interest rates could moderate hiring later in the year.

10 Growing Occupations:

  1. Software Developer
  2. Data Analyst
  3. Registered Nurse
  4. Physician Assistant
  5. Cloud Engineer
  6. Accountant
  7. Financial Analyst
  8. Marketing Specialist
  9. Teacher
  10. Instructional Assistant

10 Companies Hiring Now:

  1. Intel
  2. Nike
  3. Tektronix
  4. Providence Health & Services
  5. Oregon Health & Science University
  6. Mentor Graphics
  7. Vestas Wind Systems
  8. Planar Systems
  9. Adidas
  10. Umpqua Bank

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