Flint, MI – December 2023 Jobs Report – Steady Growth Amidst National Slowdown

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Flint’s job market capped off 2023 with another month of positive gains, defying a slight national deceleration in job creation. While the pace cooled compared to earlier in the year, the city’s economic trajectory remains firmly upward.

Overview:

  • Flint added 820 jobs in December, bringing the total number of employed residents to 76,810.
  • The unemployment rate held steady at 4.5%, matching the national average.
  • Average hourly earnings increased by 0.4%, a positive sign for worker purchasing power.

Highlights:

  • Healthcare, education, and professional services led the charge in job creation, adding a combined 400 positions.
  • Manufacturing, a key pillar of the local economy, remained stable, posting neither gains nor losses.
  • Leisure and hospitality continued its recovery from pandemic lows, adding 80 jobs.

What Industries and Occupations Grew:

What Industries and Occupations Shrank:

Compare to Same Month Last Year:

  • Flint added 1,420 jobs in December 2023 compared to December 2022, representing a year-over-year growth rate of 1.9%.
  • This is a slower pace than the national average of 2.4% year-over-year job growth.

Compare to Previous Month:

  • December’s job gain of 820 was slightly lower than the 910 jobs added in November 2023.
  • However, the unemployment rate remained unchanged, indicating continued stability in the labor market.

Future Outlook:

  • Economists forecast national job growth to slow further in 2024 due to rising interest rates and global economic uncertainty.
  • Flint’s economic resilience, however, could mitigate the impact of a national slowdown. The city’s focus on healthcare, education, and technology sectors positions it well for continued job creation in the coming year.

10 Growing Occupations in Flint:

  1. Registered nurses
  2. Elementary and middle school teachers
  3. Software developers and computer programmers
  4. Nursing assistants and home health aides
  5. General and operations managers
  6. Customer service representatives
  7. Truck drivers
  8. Accountants and auditors
  9. Physician assistants
  10. Physical therapists

10 Companies Hiring Now in Flint:

  1. McLaren Flint General Hospital
  2. General Motors
  3. Kettering University
  4. Genesee County School District
  5. Dow Chemical
  6. Lear Corporation
  7. Chrysler Group LLC
  8. DuPont
  9. Delphi Technologies
  10. University of Michigan-Flint

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