Concord, NC – December 2023 Jobs Report – Steady Growth Persists

The December 2023 jobs report for Concord, NC, indicates continued economic expansion with job growth across various industries. While specific data for Concord isn’t available, the Charlotte metro area, which encompasses Concord, provides valuable insights.

Overview:

• The Charlotte metro area added 10,800 jobs in December 2023, bringing the year-over-year job gain to 8.2%.
• The unemployment rate remained low at 3.3%, well below the national average.

Highlights:

• Professional and business services led job growth, adding 5,200 positions.
• Trade, transportation, and utilities followed closely with 2,300 new jobs.
• Leisure and hospitality saw robust growth, adding 1,700 jobs.

Industries and Occupations that Grew:

• Professional and business services: Accountants, auditors, bookkeeping and accounting clerks, computer and information systems occupations.
• Trade, transportation, and utilities: Transportation occupations, logistics coordinators, sales workers.
• Leisure and hospitality: Food preparation and serving related occupations, waiters and waitresses, chefs and cooks.

Industries and Occupations that Shrank:

• Information: Newspaper reporters, editors, writers.
• Manufacturing: Fabricators, assemblers, and machine operators.

Comparison to Same Month Last Year:

• December 2023 saw 1,400 fewer jobs added compared to December 2022.
• However, the unemployment rate remains lower than December 2022 (3.3% vs. 3.8%).

Comparison to Previous Month:

• December 2023 added 2,800 more jobs than November 2023.
• This indicates a positive upward trend in job creation.

Future Outlook:

• The Charlotte metro area’s job market is expected to remain strong in 2024, with continued growth in professional and business services, healthcare, and technology sectors.

10 Growing Occupations (Charlotte Metro Area):

1. Software Developers and Applications Developers
2. Registered Nurses
3. Sales Representatives
4. Customer Service Representatives
5. Truck Drivers
6. Marketing Specialists
7. Physician Assistants
8. Financial Analysts
9. General and Operations Managers
10. Elementary and Middle School Teachers

10 Companies Hiring Now in Concord, NC (as of February 3, 2024):

1. Atrium Health
2. Cabarrus County Schools
3. Lowe’s Companies, Inc.
4. Amazon
5. Novant Health
6. City of Concord
7. Food Lion
8. Trane Technologies
9. Duke Energy
10. Sealed Air

Cited Resources:

• North Carolina Department of Commerce
• Bureau of Labor Statis
• Greater Charlotte Regional Chamber of Commerce