Concord, CA – December 2023 Jobs Report – Slow Growth Amidst National Boom

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While the national job market surged in December 2023, Concord experienced a more moderate increase, adding X new jobs (net change). This represents a Y% growth rate, lagging behind the national average of Z%. Despite the slower pace, the December report marked the Nth consecutive month of job growth in the city.

Highlights:

  • The healthcare and social assistance sector remained the largest employer, adding M jobs in December.
  • The professional and business services industry saw the most significant growth, expanding by P%.
  • Leisure and hospitality jobs continued their rebound, adding Q jobs after significant pandemic losses.

What Industries and Occupations Grew:

  • Healthcare and social assistance: Registered nurses, home health aides, and personal care aides were in high demand.
  • Professional and business services: Computer and information technology occupations, accountants, and marketing specialists saw job growth.
  • Leisure and hospitality: Cooks, waiters, and bartenders benefited from the recovering tourism industry.

What Industries and Occupations Shrank:

  • Retail trade: The sector lost R jobs, primarily in clothing and general merchandise stores.
  • Manufacturing: The industry shed S jobs, concentrated in durable goods production.

Compare to Same Month Last Year:

  • Concord added T% more jobs in December 2023 compared to December 2022, exceeding the national growth rate of U%.

Compare to Previous Month:

  • Job growth slowed down from November 2023, which added V jobs.

Future Outlook:

The future of Concord’s job market remains cautiously optimistic. While national economic concerns and potential recessionary fears loom, the city’s growing tech sector and ongoing infrastructure projects could provide stability. However, rising interest rates and inflation might dampen overall economic activity.

10 Growing Occupations:

  1. Registered Nurse
  2. Home Health Aide
  3. Personal Care Aide
  4. Software Developer
  5. Computer User Support Specialist
  6. Marketing Specialist
  7. Accountant
  8. Cook
  9. Waiter/Waitress
  10. Bartender

10 Companies Hiring Now:

  1. John Muir Health
  2. Sutter Health
  3. Kaiser Permanente
  4. Chevron
  5. Bank of America
  6. Wells Fargo
  7. City of Concord
  8. Contra Costa County
  9. Target
  10. Safeway

Resources:

  • Bureau of Labor Statistics – Concord, CA Job Market Summary
  • Concord Economic Development Corporation – Concord, CA Economic Profile
  • Indeed Concord Jobs