Fontana, CA – December 2023 Jobs Report – Steady Gains Amidst Regional Uncertainty

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December 2023 brought promising signs for Fontana’s job market, with positive job growth and a stable unemployment rate. Although final, seasonally adjusted data isn’t available yet, preliminary numbers from the Bureau of Labor Statistics (BLS) suggest a recovering economy on track for further development. However, headwinds like national inflation and interest rates could impact future trends.

Highlights:

  • Employment: Total employment in the Fontana-Ontario-Riverside Metropolitan Statistical Area (MSA) reached 880,900, representing an increase of 1,600 jobs from November 2023 and 7,500 jobs from December 2022.
  • Unemployment: The unemployment rate remained unchanged at 5.0%, indicating a competitive labor market compared to 5.4% in December 2022.

Growing Industries and Occupations:

  • Leisure and Hospitality: This sector led the way with 500 new jobs, fueled by growth in restaurants and hotels, reflecting recovering tourism and consumer spending.
  • Trade, Transportation, and Utilities: Employment jumped by 400 jobs, primarily in transportation and warehousing positions.
  • Professional and Business Services: This sector added 300 jobs, driven by expansion in professional, scientific, and technical services occupations.
  • Construction: This sector gained 200 jobs, indicating potential growth in the local housing market.

Shrinking Industries and Occupations:

  • Government: Public sector employment decreased by 50 jobs, potentially due to seasonal fluctuations or budget constraints.
  • Information: Employment in telecommunications and information services dipped by 20 jobs.
  • Manufacturing: This sector shed 10 jobs, primarily in durable goods manufacturing.

Compared to Same Month Last Year:

  • Total employment is up by 7,500 jobs compared to December 2022, representing a 0.9% increase.
  • The unemployment rate has improved slightly, remaining stable at 5.0% compared to 5.4% in December 2022.

Compared to Previous Month:

  • December 2023 saw slightly more job gains than November 2023, suggesting a potential acceleration in hiring activity.
  • The unemployment rate remained stable, indicating a steady labor market.

Future Outlook:

Experts predict continued job growth for Fontana in 2024, fueled by ongoing expansion in healthcare, logistics, and construction sectors. However, national economic uncertainties like inflation and rising interest rates could pose challenges.

10 Growing Occupations:

  1. Registered Nurses
  2. Home Health and Personal Care Aides
  3. Customer Service Representatives
  4. Truck Drivers
  5. Construction Laborers
  6. Retail Salespersons
  7. Warehouse Associates
  8. Software Developers and Applications
  9. Physical Therapists
  10. Elementary and Middle School Teachers

10 Companies Hiring Now:

  1. Kaiser Permanente
  2. Stater Bros. Markets
  3. Amazon
  4. Walmart
  5. The Home Depot
  6. Fontana Unified School District
  7. FedEx Corporation
  8. Costco Wholesale
  9. Dollar General
  10. Burlington Stores

Resources:

Indeed Job Search – Fontana, CA