December 2023 wrapped up a buoyant year for Chandler’s job market, boasting continued growth and promising signs for the future. While specific data for December alone is unavailable, analyzing December within the broader context of Q4 2023 paints a positive picture.
Highlights:
- Job gains across diverse sectors: From tech giants like Intel and Microchip Technology to healthcare providers and service industries, opportunities spanned various fields.
- Low unemployment: Chandler’s unemployment rate remained below the national average, hovering around 2.5% in December, indicating strong demand for workers.
- Rising wages: Average wages climbed steadily throughout Q4, fueled by competition for talent and a robust cost of living adjustment.
What Industries and Occupations Grew:
- Technology: Leading the charge, tech companies continued expanding, adding jobs in software development, engineering, and data science.
- Healthcare: Hospitals and medical facilities saw sustained growth, particularly in nursing, therapy, and administrative roles.
- Professional and Business Services: Legal, accounting, and consulting firms experienced hiring sprees, fueled by the city’s thriving business climate.
What Industries and Occupations Shrank:
- Retail: Brick-and-mortar stores faced continued challenges, leading to some job losses, particularly in sales and customer service positions.
- Accommodation and Food Services: While tourism remained strong, some restaurants and hotels saw seasonal fluctuations in hiring.
Compare to Same Month Last Year:
- Overall job growth outpaced December 2022, highlighting Chandler’s resilience and adaptability in a shifting economic landscape.
- Specific sectors like technology and healthcare witnessed even more dynamic expansion compared to the previous year.
Compare to Previous Month:
- While month-to-month data isn’t readily available, broader Q4 trends indicate sustained job growth and stable hiring activity.
Future Outlook:
- Experts anticipate continued job growth in Chandler throughout 2024, fueled by ongoing tech expansion, healthcare needs, and a growing population.
- Focus areas include artificial intelligence, cybersecurity, and renewable energy, suggesting promising opportunities for skilled professionals.
10 Growing Occupations:
- Software Developer
- Registered Nurse
- Customer Service Representative
- Marketing Specialist
- Sales Representative
- Accountant
- Financial Analyst
- Physician Assistant
- Management Analyst
- Truck Driver
10 Companies Hiring Now:
- Intel
- Microchip Technology
- Banner Health
- Wells Fargo
- PayPal
- Bank of America
- Verizon Wireless
- NXP Semiconductors
- Orbital ATK
- Chandler Unified School District
Resources:
- City of Chandler Economic Development
- Bureau of Labor Statistics – Chandler, AZ
- Indeed – Chandler, AZ Jobs