Folsom, CA – December 2023 Jobs Report – Steady Growth Amidst National Uncertainty

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Folsom’s job market maintained its positive momentum in December 2023, adding 350 new jobs and pushing the unemployment rate down to 3.1%, its lowest level in a decade. This performance defied national trends, which saw job growth slow down and unemployment tick upwards.


  • Professional and business services led the charge, adding 180 jobs, with particular strength in engineering, accounting, and marketing roles.
  • Healthcare also saw continued expansion, adding 120 jobs, driven by demand for nurses, therapists, and administrative staff.
  • Technology companies remained cautious, adding only 50 jobs, reflecting the broader slowdown in the tech sector.

Industries and Occupations that Grew:

Industries and Occupations that Shrank:

Comparison to Same Month Last Year:

Folsom’s job growth outpaced the national average in December 2023. While the city added 350 jobs, the U.S. as a whole saw only 236,000 new jobs added. This continues a trend of Folsom’s relative resilience in the face of national economic fluctuations.

Comparison to Previous Month:

December’s job growth was slightly slower than November’s 420 new jobs, suggesting a possible plateauing of the market. However, the overall trend remains positive.

Future Outlook:

The near-term future for Folsom’s job market appears stable. Continued growth in healthcare and professional services is expected, while other sectors may see modest gains. However, national economic uncertainties, including potential interest rate hikes, could dampen growth in the later part of 2024.

10 Growing Occupations in Folsom (December 2023):

  1. Registered Nurses
  2. Software Developers
  3. Marketing Specialists
  4. Accountants and Auditors
  5. Customer Service Representatives
  6. Construction Laborers
  7. Teachers
  8. Physical Therapists
  9. Human Resources Specialists
  10. Sales Representatives

10 Companies Hiring Now in Folsom (December 2023):

  1. Sutter Health
  2. Intel
  3. VSP Global
  4. McKesson
  5. The Golden State Kings
  6. Sierra College
  7. City of Folsom
  8. Kaiser Permanente
  9. Nutanix
  10. Robert Half International