Charlotte, NC – January 2024 Job Market Report – Hiring Heats Up in the Queen City

, ,

The January 2024 job market report for Charlotte, NC, paints a picture of a robust and growing economy. Job seekers can find opportunities across various industries, with some sectors experiencing significant expansion.

Overview

Charlotte’s job market continued its positive trajectory in January, adding new positions at a healthy clip. The unemployment rate remained low, indicating a strong demand for skilled workers.

Highlights

  • The overall unemployment rate dipped slightly compared to December 2023.
  • Several industries, including healthcare, technology, and financial services, witnessed significant job growth.
  • The report suggests a continuation of the positive trend in the coming months.

What Industries and Occupations Grew

  • Healthcare: Hospitals, clinics, and other healthcare providers added a substantial number of positions in January. Registered nurses, medical technicians, and home health aides were in high demand.
  • Technology: The tech sector continued its upward climb, creating jobs for software developers, data analysts, and cybersecurity professionals.
  • Financial Services: Banks, insurance companies, and investment firms expanded their workforce, seeking financial analysts, accountants, and loan officers.

What Industries and Occupations Shrunk

The report doesn’t indicate any major contractions within specific industries. However, some retail and hospitality businesses might have experienced seasonal fluctuations in staffing needs.

Compare to Same Month Last Year

Compared to January 2023, Charlotte’s job market shows significant improvement. The unemployment rate is lower, and job growth is stronger across various sectors. This positive trend reflects the city’s overall economic resilience.

Compare to Previous Month

Job growth in January outpaced December 2023, indicating a strengthening job market momentum. This suggests a potential for continued expansion in the coming months.

Future Outlook

The future outlook for Charlotte’s job market remains positive. Continued economic growth, coupled with investments in key industries, is expected to create new job opportunities.

10 Growing Occupations

  1. Registered Nurses
  2. Software Developers, Applications
  3. Wind Turbine Service Technicians
  4. Physician Assistants
  5. Solar Photovoltaic Installers
  6. Home Health Aides
  7. Cybersecurity Analysts
  8. Medical and Health Services Managers
  9. Database Administrators
  10. Marketing Managers

10 Companies Hiring Now

  1. Atrium Health
  2. Bank of America
  3. Lowe’s Companies, Inc.
  4. Wells Fargo
  5. Duke Energy
  6. Truist Financial Corporation
  7. Honeywell International Inc.
  8. Accenture
  9. Ernst & Young LLP
  10. McKinsey & Company