Greeley, CO – January 2024 Jobs Report – Employment Momentum on Hold

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The January 2024 jobs report for Greeley paints a picture of a stable, but stagnant, job market. While no significant job losses were reported, overall growth remained flat compared to the previous month and December 2023.

Highlights:

  • No significant job gains or losses: Total nonfarm employment stood at 70,000 in January, remaining unchanged from December 2023.
  • Unemployment rate holds steady: The unemployment rate remained consistent at 4.1%, mirroring the state-wide average.
  • Wage growth moderates: Average weekly wages saw a slight increase of 0.2% compared to December 2023, reaching $980.

What Industries and Occupations Grew:

  • Education and health services: This sector added 100 jobs, primarily in healthcare support occupations like nursing assistants and home health aides.
  • Leisure and hospitality: This industry saw modest growth of 50 jobs, concentrated in food service and accommodation roles.

What Industries and Occupations Shrank:

  • Government: Public sector employment dipped by 50 positions, mainly in administrative and support services.
  • Retail trade: This industry lost 25 jobs, primarily in sales and related occupations.

Compare to Same Month Last Year:

  • Slight job growth: Compared to January 2023, overall employment increased by 1.4%, adding 1,000 jobs.
  • Unemployment rate down: The unemployment rate has decreased by 0.5% from 4.6% in January 2023.
  • Wages up modestly: Average weekly wages have risen by 2.5% since January 2023.

Compare to Previous Month:

  • No change in employment: Job numbers remained flat compared to December 2023.
  • Unemployment rate stable: The unemployment rate held steady at 4.1%.
  • Wage growth slows: Average weekly wages saw a smaller increase of 0.2% compared to December 2023.

Future Outlook:

The Greeley job market is expected to see moderate growth in the coming months, with key sectors like healthcare and education continuing to drive hiring. However, rising interest rates and economic uncertainty could pose challenges to future job expansion.

10 Growing Occupations in Greeley:

  1. Registered Nurses
  2. Home Health Aides and Personal Care Aides
  3. Nursing Assistants
  4. Elementary School Teachers and Special Education Teachers
  5. Medical and Clinical Laboratory Technicians
  6. Truck Drivers and Delivery Drivers
  7. Customer Service Representatives
  8. Software Developers and Applications Developers
  9. Physical Therapist Aides and Assistants
  10. Marketing Assistants and Promotion Specialists

10 Companies Hiring Now in Greeley:

  1. JBS Carriers
  2. Greeley-Evans School District 6
  3. Banner Health
  4. Weld County Government
  5. University of Northern Colorado
  6. Monfort Companies
  7. Weld Food Bank
  8. Aims Community College
  9. City of Greeley
  10. Walmart

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