Grand Prairie, TX – December 2023 Jobs Report – A Steady End to the Year

, ,

Grand Prairie closed out 2023 with a stable December jobs report, echoing the national trend of slow but steady economic growth. The unemployment rate remained steady at 3.4%, slightly below the national average of 3.5% [1]. While job growth wasn’t explosive, key industries like manufacturing and logistics added positions, indicating continued economic momentum.

Highlights:

  • Unemployment Rate Holds Steady: Grand Prairie’s December unemployment rate remained unchanged from November and December 2022, showcasing a stable job market [1].
  • Modest Job Growth: The city added roughly 200 net new jobs in December, primarily in manufacturing and logistics [2].
  • Manufacturing Expands: The manufacturing sector added the most jobs, reflecting the growing importance of advanced manufacturing in the region [2].
  • Logistics on the Rise: The logistics industry continued its upward trajectory, adding jobs in warehousing, transportation, and distribution [2].

Industry and Occupation Trends:

Grew:

  • Manufacturing: Production workers, machine operators, and engineers were in high demand [2].
  • Logistics: Warehouse associates, truck drivers, and logistics coordinators saw job growth [2].
  • Healthcare: Registered nurses, nursing assistants, and home health aides continued to see job openings [2].

Shrunk:

  • Retail: The retail sector saw a slight decline in jobs, likely due to seasonal hiring fluctuations [2].
  • Administrative and Support Services: Jobs in this sector, which includes clerical and administrative roles, experienced modest decline [2].

Year-over-Year and Month-over-Month Comparisons:

Compared to December 2022, Grand Prairie’s unemployment rate remained the same, while the city added roughly 1,000 net new jobs, indicating steady growth [1, 2]. Compared to November 2023, the unemployment rate held steady, and job growth was slightly positive [1, 2].

Future Outlook:

The future outlook for Grand Prairie’s job market remains optimistic. With major employers like Lockheed Martin and Amazon expanding their presence in the city, and key industries like manufacturing and logistics showing stability, Grand Prairie is well-positioned for continued job growth in 2024.

10 Growing Occupations:

  1. Manufacturing Production Worker
  2. Registered Nurse
  3. Truck Driver
  4. Warehouse Associate
  5. Software Developer
  6. Customer Service Representative
  7. Nursing Assistant
  8. Home Health Aide
  9. Logistics Coordinator
  10. Delivery Driver

10 Companies Hiring Now:

  1. Lockheed Martin
  2. Amazon
  3. L3Harris Technologies
  4. Tyson Foods
  5. GM Financial
  6. Baylor Scott & White Health
  7. Texas Instruments
  8. PepsiCo
  9. FedEx
  10. Walmart

Cited Resources:

  1. YCharts: Grand Prairie, TX Unemployment Rate 

Texas Workforce Commission:Dallas-Fort Worth Metroplex Labor Market Overview