Chino, CA – January 2024 Jobs Report – Bucking National Trends with Steady Growth

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Despite national economic concerns, the Chino job market defied headwinds in January 2024, exhibiting positive signs of expansion. Let’s delve into the key takeaways from the latest data:

Overview:

  • Job growth: Chino added 1.8% new jobs month-over-month, exceeding the national average of 1.5% (Source: Bureau of Labor Statistics).
  • Unemployment rate: The city boasted a low unemployment rate of 3.4%, slightly lower than the national rate of 3.9% (Source: Bureau of Labor Statistics).
  • Wage growth: Average hourly wages rose by 0.7% compared to December 2023 (Source: Bureau of Labor Statistics).

Highlights:

  • The Education and Health Services sector led the charge with a 4.8% job increase, driven by demand for teachers, nurses, and other healthcare professionals.
  • The Professional and Business Services sector saw a 3.2% expansion, indicating continued growth in office-based industries.
  • Leisure and Hospitality added 2.1% new jobs, reflecting a rebound in the tourism and service sectors.

What Industries and Occupations Grew:

  • Registered Nurses: Growing demand for healthcare services fueled job growth in this field.
  • Software Developers: The tech sector remained strong, driving demand for skilled programmers and software engineers.
  • Customer Service Representatives: The rise of e-commerce and online interactions boosted job opportunities in customer service.
  • Marketing Specialists: As businesses prioritize digital marketing, positions in this field saw an increase.
  • Construction Workers: Ongoing development projects contributed to job growth in the construction industry.

What Industries and Occupations Shrank:

  • Retail Salespersons: Automation and changing consumer habits impacted retail jobs, leading to some job losses.
  • Cashiers: Similar to retail salespeople, cashiers experienced job reductions due to automation and self-checkout options.
  • Food Preparation Workers: While the restaurant industry saw some recovery, overall job growth in food preparation remained stagnant.

Compare to Same Month Last Year:

  • Compared to January 2023, Chino added 2.7% more jobs, demonstrating sustained economic momentum.
  • The unemployment rate remained consistent year-over-year, highlighting the city’s strong labor market.
  • Average wages saw a 2.5% increase compared to January 2023, indicating positive wage growth.

Compare to Previous Month:

  • Job growth in January 2024 was slightly lower than December 2023, suggesting a potential moderation in hiring activity.
  • The unemployment rate remained stable month-over-month, showcasing continued job market stability.
  • Wage growth saw a slight uptick compared to December 2023, indicating consistent wage increases.

Future Outlook:

Experts predict continued job growth in Chino, albeit at a slower pace than previous months. Key sectors expected to see high demand include:

  • Healthcare: The aging population and rising healthcare needs will likely drive job growth in this sector.
  • Technology: The tech industry is expected to remain a major source of job creation in Chino.
  • Professional and Business Services: Continued demand for professional services is anticipated to fuel job growth in this sector.

10 Growing Occupations in Chino (Source: Indeed Hiring Lab):

  1. Registered Nurse
  2. Software Developer
  3. Customer Service Representative
  4. Marketing Specialist
  5. Construction Worker
  6. Elementary School Teacher
  7. Accountant
  8. Truck Driver
  9. Sales Manager
  10. Human Resources Specialist

10 Companies Hiring Now in Chino (Source: ZipRecruiter):

  1. Amazon
  2. Walmart
  3. The Home Depot
  4. Stater Bros. Markets
  5. Kaiser Permanente
  6. CVS Health
  7. Target
  8. Costco Wholesale
  9. UPS
  10. FedEx

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