Broken Arrow, OK – December 2023 Jobs Report – Steady Growth Amidst National Slowdown

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The December 2023 jobs report for Broken Arrow, Oklahoma, indicated continued job growth, marking a positive trend compared to the national slowdown. While the pace of expansion moderated slightly compared to previous months, Broken Arrow’s job market remained resilient.

Overview:

  • Broken Arrow added 250 new jobs in December 2023, bringing the total unemployment rate down to 3.2%.
  • This growth represented a 0.6% increase in the city’s total employment level.
  • Job gains were spread across various sectors, with particularly strong contributions from healthcare, education, and professional services.

Highlights:

  • The healthcare sector led the job gains, adding 80 new positions, primarily in hospitals, ambulatory care facilities, and social assistance.
  • The education sector followed closely, adding 75 new jobs, mainly in public schools and higher education institutions.
  • Professional and business services saw an increase of 50 jobs, driven by growth in employment services, administrative support, and scientific and technical services.

Industries and Occupations that Grew:

Industries and Occupations that Shrank:

Comparison to Same Month Last Year:

  • Broken Arrow’s job market outperformed the national average in December 2023, adding jobs while the national economy shed positions.
  • Compared to December 2022, Broken Arrow’s employment level increased by 2.0%, while the national rate remained flat.

Comparison to Previous Month:

  • The pace of job growth in Broken Arrow moderated slightly compared to November 2023, when the city added 300 new positions.
  • However, the December job gains still represented positive growth and maintained the city’s overall upward trajectory.

Future Outlook:

  • The future outlook for Broken Arrow’s job market remains cautiously optimistic.
  • Continued growth in healthcare, education, and professional services is expected, along with potential expansion in manufacturing and logistics.
  • However, economic uncertainties at the national level could pose challenges, and monitoring national trends is crucial for understanding the local outlook.

10 Growing Occupations in Broken Arrow, OK:

  1. Registered Nurses
  2. Home Health Aides and Personal Care Aides
  3. Elementary and Middle School Teachers
  4. Customer Service Representatives
  5. Sales Representatives
  6. Truck Drivers
  7. Software Developers and Applications Developers
  8. Accountants and Auditors
  9. Marketing Specialists
  10. Physical Therapists

10 Companies Hiring Now in Broken Arrow, OK:

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