Carmel, IN – January 2024 Jobs Report – Steady Growth Amidst National Uncertainty

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While national headlines painted a picture of an unpredictable job market in January 2024, Carmel, Indiana, experienced continued growth, solidifying its position as a strong regional employment hub. Let’s delve into the details:

The January 2024 jobs report for Carmel reveals a stable and positive outlook, with job postings increasing compared to both the previous month and the same month last year. This trend aligns with Carmel’s reputation as a magnet for businesses and professionals seeking a vibrant and growing economy.

Highlights:

  • Overall job postings in Carmel increased by 5% compared to December 2023 and by 8% compared to January 2023.
  • Data-related jobs saw the highest growth, with postings jumping by 23% month-over-month and 37% year-over-year.
  • The healthcare sector also experienced significant growth, with a 15% increase in job postings compared to December 2023.

What Industries and Occupations Grew:

  • Data: Data Scientists, Data Analysts, Business Intelligence Analysts
  • Healthcare: Registered Nurses, Physician Assistants, Home Health Aides
  • Education: Teachers, School Counselors, Special Education Professionals
  • Retail & Hospitality: Sales Associates, Customer Service Representatives, Restaurant Cooks

What Industries and Occupations Shrank:

Compare to Same Month Last Year:

  • Job postings in Carmel were up 8% compared to January 2023.
  • Data-related jobs saw the most significant year-over-year growth, increasing by 37%.
  • Manufacturing and construction jobs, however, declined by 7% and 5% respectively, year-over-year.

Compare to Previous Month:

  • Job postings grew by 5% compared to December 2023.
  • Healthcare and education sectors saw notable month-over-month increases, with job postings rising by 15% and 12%, respectively.

Future Outlook:

Analysts predict continued job growth in Carmel throughout 2024, fueled by the city’s strong tech industry, healthcare sector, and growing residential population. However, potential national economic headwinds might temper the pace of growth later in the year.

10 Growing Occupations:

  1. Data Scientist
  2. Data Analyst
  3. Software Developer
  4. Registered Nurse
  5. Physician Assistant
  6. Marketing Manager
  7. Sales Associate
  8. Teacher
  9. School Counselor
  10. Customer Service Representative

10 Companies Hiring Now:

  1. Eli Lilly and Company
  2. Salesforce
  3. Anthem
  4. Cummins
  5. Roche Diagnostics
  6. IU Health
  7. Ascension St. Vincent
  8. Simon Property Group
  9. The Home Depot
  10. Lowe’s

Cited Resources:

  • ZipRecruiter
  • Indeed