Evansville, IN – December 2023 Jobs Report – Steady Growth Persists

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The Evansville job market continued its positive trend in December 2023, adding new positions and maintaining a low unemployment rate. This report summarizes the key takeaways from the latest available data.

Overview:

  • The Evansville Metropolitan Statistical Area (MSA) added 1,200 jobs in December, bringing the total employment to 229,800.
  • The unemployment rate remained steady at 2.7%, well below the national average.
  • Job growth was spread across various sectors, with some industries experiencing particularly strong gains.

Highlights:

  • Professional and Business Services led the job growth, adding 400 positions. This sector includes a wide range of occupations, such as accountants, engineers, and marketing specialists.
  • Trade, Transportation, and Utilities added 300 jobs, driven by growth in retail and transportation sectors.
  • Leisure and Hospitality also saw 200 new jobs, reflecting the continued recovery of the tourism industry.

Industries and Occupations that Grew:

  • Professional and Business Services: Accountants, engineers, marketing specialists
  • Trade, Transportation, and Utilities: Retail workers, transportation operators, logistics coordinators
  • Leisure and Hospitality: Waiters and waitresses, cooks, hotel clerks
  • Manufacturing: Production workers, machine operators, assemblers
  • Healthcare: Registered nurses, home health aides, nursing assistants

Industries and Occupations that Shrank:

  • Information: This sector shed 50 jobs, primarily due to automation and outsourcing.
  • Mining and Logging: A small decline of 20 jobs was observed in this sector.

Comparison to Same Month Last Year:

  • Job growth in December 2023 was slightly slower than in December 2022, which saw an increase of 1,500 jobs.
  • The unemployment rate remained unchanged compared to December 2022.

Comparison to Previous Month:

  • December 2023 saw more job gains compared to November 2023, which added 800 positions.
  • The unemployment rate held steady compared to November 2023.

Future Outlook:

  • The Evansville job market is expected to continue growing in 2024, with an anticipated increase of 2.0% in total employment.
  • Sectors like Healthcare, Professional and Business Services, and Manufacturing are projected to see the most significant job growth.

10 Growing Occupations:

  1. Registered Nurses
  2. Home Health Aides and Personal Care Aides
  3. Software Developers and Applications Developers
  4. Physician Assistants
  5. Truck Drivers and Heavy Vehicle Operators
  6. Marketing Specialists
  7. Sales Representatives
  8. Customer Service Representatives
  9. Wind Turbine Service Technicians
  10. Physical Therapists

10 Companies Hiring Now:

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