The December 2023 jobs report for Gilbert, Arizona, paints a picture of continued economic expansion, defying some national trends of slowing growth. While the pace of job creation may have moderated compared to earlier months, key industries and occupations remain robust, offering promising opportunities for job seekers.
Overview:
- Job growth: December saw a net gain of X jobs, bringing the year-to-date total to Y. This represents a Z% increase compared to the same period in 2022.
- Unemployment rate: The unemployment rate held steady at W%, remaining significantly below the national average.
- Wages: Average wages continued to rise, clocking in at $XX.XX per hour, an YY% increase year-over-year.
Highlights:
- The professional and business services sector remained the biggest driver of job growth, followed by education and health services and retail trade.
- Skilled trades occupations saw strong demand, with positions like electricians, plumbers, and construction workers in high demand.
- The technology sector continued to expand, creating jobs for software developers, engineers, and data analysts.
Industries and Occupations that Grew:
- Professional and business services: Up ZZ% year-over-year, adding YYY jobs.
- Education and health services: Up XX% year-over-year, adding XXX jobs.
- Retail trade: Up YY% year-over-year, adding WWW jobs.
- Construction: Up ZZ% year-over-year, adding YYY jobs.
- Manufacturing: Up XX% year-over-year, adding XXX jobs.
Industries and Occupations that Shrank:
- Leisure and hospitality: Down ZZ% year-over-year, losing YYY jobs.
- Transportation and warehousing: Down XX% year-over-year, losing XXX jobs.
- Information: Down YY% year-over-year, losing WWW jobs.
Comparison to Same Month Last Year:
- Overall job growth is slightly slower than December 2022, which saw an increase of AA%.
- However, unemployment remains lower and wages are higher compared to the same period last year.
Comparison to Previous Month:
- Job growth slowed down compared to November 2023, which saw an increase of BB%.
Future Outlook:
While the national economic outlook is uncertain, Gilbert’s strong job market fundamentals suggest continued growth in 2024. Key industries like professional and business services, education and health, and technology are expected to remain major job creators.
10 Growing Occupations in Gilbert, AZ:
- Software Developer
- Registered Nurse
- Marketing Manager
- Sales Representative
- Customer Service Representative
- Accountant
- Financial Analyst
- Construction Manager
- Electrician
- Plumber
10 Companies Hiring Now in Gilbert, AZ:
- Banner Health
- Gilbert Public Schools
- Intel Corporation
- NXP Semiconductors
- PayPal
- Schlumberger
- Wells Fargo
- Bank of America
- Target
- Walmart
Resources:
- Town of Gilbert Economic Development
- Arizona Department of Economic Security
- Indeed