Boynton Beach’s job market navigated January 2024 with resilience, exhibiting stability amidst a slight national slowdown. While growth wasn’t explosive, it continued a positive trend for the coastal Florida city. Key sectors like Healthcare and Hospitality showed continued expansion, underpinning the city’s economic performance.
Highlights:
- Job growth: Though modest, December 2023 surpassed the national average, demonstrating Boynton Beach’s economic strength.
- Unemployment rate: Remained low, contributing to an optimistic outlook for future job creation.
- Key industries: Healthcare, Hospitality, and Professional & Business Services led the growth, reflecting the city’s diverse economic landscape.
What Industries and Occupations Grew:
- Healthcare: Registered Nurses, Medical Assistants, and Nursing Aides saw increased demand, driven by an aging population and expanding healthcare facilities.
- Hospitality: Food Preparation and Serving occupations thrived due to the tourism industry’s continued recovery.
- Professional & Business Services: Customer Service Representatives, Administrative Assistants, and Marketing Professionals were in high demand, mirroring the growth of local businesses.
What Industries and Occupations Shrank:
- Retail: Cashiers and Retail Salespersons experienced job losses, potentially due to e-commerce growth and changing consumer habits.
- Manufacturing: Production and assembly jobs declined slightly, reflecting national trends in automation and globalization.
Compare to Same Month Last Year:
- Boynton Beach’s December 2023 job growth significantly outpaced December 2022, showcasing the city’s economic momentum.
- Specific data on January 2024 compared to January 2023 is limited, but year-over-year trends suggest continued positive growth.
Compare to Previous Month:
- Job growth in December 2023 remained stable compared to November 2023, indicating consistent economic performance.
Future Outlook:
- Experts anticipate continued job growth in Boynton Beach throughout 2024, fueled by its diverse economy and strategic location
- The healthcare, hospitality, and technology sectors are expected to drive future job creation.
10 Growing Occupations:
- Registered Nurse
- Physician Assistant
- Home Health Aide
- Customer Service Representative
- Marketing Specialist
- Software Developer
- Financial Analyst
- Teacher
- Construction Manager
- Chef
10 Companies Hiring Now:
- HCA East Florida
- Baptist Health South Florida
- Marriott International
- Hilton Worldwide Holdings
- NextEra Energy
- The Home Depot
- Publix Super Markets
- Wells Fargo
- Bank of America
- Amazon
Resources:
- Career Connect
- Zippia
- Bureau of Labor Statistics
- Palm Beach Post
- Sun Sentinel