Elgin, IL – January 2024 Jobs Report – Hiring Stays Steady, Growth in Healthcare and Manufacturing

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Elgin’s job market maintained its stability in January 2024, with the unemployment rate remaining steady at 4.8%. While no significant job gains or losses were reported, specific sectors like healthcare and manufacturing showed signs of growth.

Highlights:

  • Unemployment rate: 4.8%, unchanged from December 2023 (source: BLS)
  • Job growth: No significant overall change (source: BLS)
  • Industries with growth: Healthcare and Social Assistance, Manufacturing (source: BLS)
  • Industries with decline: No major declines reported (source: BLS)

What Industries and Occupations Grew:

  • Healthcare and Social Assistance: This sector added jobs in areas like nursing assistants, home health aides, and registered nurses (source: BLS).
  • Manufacturing: Growth was seen in positions related to production, assembly, and machine operation (source: BLS).

What Industries and Occupations Shrank:

No major declines in industries or occupations were reported in January 2024 for Elgin.

Compare to Same Month Last Year:

  • Unemployment rate: January 2024 (4.8%) is slightly higher than January 2023 (4.6%) (source: BLS).
  • Job growth: Overall job numbers are similar to January 2023 (source: BLS).

Compare to Previous Month:

Future Outlook:

The Elgin job market is expected to remain stable in the coming months, with potential growth in healthcare, manufacturing, and professional services sectors (source: Indeed Hiring Lab).

10 Growing Occupations in Elgin, IL (January 2024):

  1. Registered Nurses
  2. Home Health Aides
  3. Nursing Assistants
  4. Customer Service Representatives
  5. Truck Drivers
  6. Warehouse Workers
  7. Construction Laborers
  8. Software Developers
  9. Marketing Specialists
  10. Accountants

10 Companies Hiring Now in Elgin, IL (February 2024):

  1. Advocate Aurora Health
  2. St. Alexius Medical Center
  3. Nestle Purina PetCare
  4. Elgin School District U46
  5. Walmart
  6. Home Depot
  7. Amazon
  8. FedEx
  9. UPS
  10. McDonald’s

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