Greensboro, NC – December 2023 Jobs Report – Steady Growth Amidst National Fluctuations

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The December 2023 jobs report for Greensboro, NC, paints a picture of moderate, positive growth, defying some national trends that showed slight job losses. While the data offers encouraging signs, there are nuances to consider when analyzing the local market.

Overview:

  • Civilian labor force: 372,500 (increased from 369,500 in November)
  • Employment: 357,600 (increased from 356,000 in November)
  • Unemployment rate: 4.0% (remained unchanged from November)

Highlights:

  • The unemployment rate remained stable at 4.0%, lower than the national average of 4.2%.
  • The construction industry saw particularly strong growth, adding 1,800 jobs in December.
  • Healthcare and social assistance also experienced job gains, adding 800 positions.

What Industries and Occupations Grew:

What Industries and Occupations Shrank:

Compare to Same Month Last Year:

  • The unemployment rate in December 2023 is 0.2% lower than December 2022.
  • Total employment grew by 2.8% year-over-year.

Compare to Previous Month:

  • The unemployment rate remained unchanged from November 2023.
  • Total employment increased slightly by 0.5% from November 2023.

Future Outlook:

Economists predict continued job growth in Greensboro in 2024, but at a slower pace than in 2023. The construction, healthcare, and technology sectors are expected to remain strong, while manufacturing and retail may see slower growth.

10 Growing Occupations:

  1. Registered nurses
  2. Customer service representatives
  3. Software developers and applications
  4. Truck drivers
  5. Construction laborers
  6. Personal care aides
  7. Sales representatives
  8. Marketing specialists
  9. Accountants and auditors
  10. Physical therapists

10 Companies Hiring Now:

  1. Cone Health
  2. Volvo Trucks North America
  3. Honda Aircraft Company
  4. Wells Fargo
  5. Bank of America
  6. Lowes Foods
  7. Novant Health
  8. Greensboro City Schools
  9. FedEx
  10. UPS

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