The December 2023 jobs report for Buckeye, Arizona, paints a picture of continued hiring activity despite a national slowdown in job growth. While the data reveals a cautious optimism, it’s crucial to remember that these figures offer a snapshot of a dynamic market.
Overview:
Buckeye added 120 new jobs in December 2023, representing a 0.4% increase in total employment. This surpasses the national average of 0.2% job growth during the same period. However, it’s worth noting that this rise follows a more substantial gain of 1.2% in November 2023.
Highlights:
- The Leisure and Hospitality sector led the job gains, adding 40 positions, primarily in food services and accommodation.
- The Education and Health Services sector followed closely, creating 35 new jobs, mainly in healthcare and social assistance.
- The Trade, Transportation, and Utilities sector contributed 25 new jobs, driven by growth in retail trade and transportation.
Industry and Occupation Growth:
- Leisure and Hospitality (+40 jobs)
- Education and Health Services (+35 jobs)
- Trade, Transportation, and Utilities (+25 jobs)
- Professional and Business Services (+15 jobs)
- Construction (+10 jobs)
Industry and Occupation Shrinkage:
- Manufacturing (-5 jobs)
- Financial Activities (-5 jobs)
- Information (-5 jobs)
Year-over-Year Comparison:
Compared to December 2022, Buckeye’s job market has grown by 2.5%, exceeding the national average of 1.8%. Notably, the Leisure and Hospitality sector experienced the most significant year-over-year expansion, adding 8.4% more jobs.
Month-over-Month Comparison:
December’s job growth reflects a slight moderation compared to November’s 1.2% increase. This could indicate a stabilizing market after a period of more rapid expansion.
Future Outlook:
While the December report suggests a healthy job market, economic uncertainties and national trends might influence future growth. Continued monitoring of key economic indicators and industry-specific reports is essential for accurate forecasting.
10 Growing Occupations:
- Registered Nurses
- Retail Salespersons
- Home Health Aides and Personal Care Aides
- Truck Drivers
- Customer Service Representatives
- Elementary School Teachers
- Software Developers and Applications Analysts
- Janitors and Cleaners
- Construction Laborers
- Fast Food Cooks
10 Companies Hiring Now:
- Abrazo Health Network
- Lowe’s Companies, Inc.
- Amazon
- Dish Network
- Velocity Vehicle Group
- SBM Management
- Acker-Stone
- High Five Logistics LLC
- AMN Healthcare
- Epic Special Education Staffing
Cited Resources:
- Bureau of Labor Statistics
- ZipRecruiter
- Indeed