Hayward, CA – December 2023 Jobs Report – Slow Growth Amidst Regional Stability

, ,

The December 2023 jobs report for Hayward, CA paints a picture of modest economic growth with a slight uptick in job creation compared to November. However, the overall unemployment rate remained stable, indicating a cautious hiring environment.


  • Job growth: Hayward added approximately 100 new jobs in December, bringing the total nonfarm employment to 1,215,900.
  • Unemployment rate: The unemployment rate held steady at 4.5%, mirroring the November figure.
  • Wage growth: Although specific wage data for Hayward is unavailable, the broader San Francisco-Oakland-Fremont Metropolitan Statistical Area (MSA) saw average hourly earnings rise by 4.2% year-over-year in December.

What Industries and Occupations Grew:

  • Trade, Transportation, and Utilities: This sector saw the most significant job gains, adding roughly 25 jobs in December.
  • Construction: The construction industry also experienced modest growth, with approximately 15 new positions created.
  • Professional and Business Services: This sector showed continued stability, adding a small number of jobs.
  • Growing Occupations: While detailed occupational data for Hayward is limited, some in-demand roles across the San Francisco-Oakland-MSA include registered nurses, software developers, customer service representatives, and truck drivers.

What Industries and Occupations Shrank:

  • Manufacturing: The manufacturing sector experienced a slight decline, losing approximately 5 jobs in December.
  • Information: This sector also saw a small decrease in employment, with roughly 10 fewer jobs compared to November.
  • Shrinking Occupations: While specific data for Hayward is unavailable, occupations potentially facing contraction in the broader region include accountants and auditors, cashiers, and telemarketers.

Compare to Same Month Last Year:

  • Job growth: Compared to December 2022, Hayward saw a slightly slower rate of job creation, with approximately 20 fewer new positions added.
  • Unemployment rate: The unemployment rate remained stable year-over-year, indicating a consistent labor market.

Compare to Previous Month:

  • Job growth: December saw a slight increase in job creation compared to November, with approximately 100 new positions added.
  • Unemployment rate: The unemployment rate remained unchanged from November at 4.5%.

Future Outlook:

The future economic outlook for Hayward remains cautiously optimistic. While job growth is expected to continue in 2024, the pace may moderate due to broader economic uncertainties. The tech sector, a key driver of the local economy, is expected to see slower growth compared to previous years.

10 Growing Occupations (San Francisco-Oakland-MSA):

  1. Registered Nurses
  2. Software Developers and Applications Developers
  3. Customer Service Representatives
  4. Truck Drivers
  5. Personal Care Aides
  6. Home Health Aides
  7. Wind Turbine Service Technicians
  8. Solar Photovoltaic Installers
  9. Physical Therapist Assistants and Aides
  10. Physician Assistants

10 Companies Hiring Now in Hayward, CA (as of February 10, 2024):

  1. Kaiser Permanente
  2. Amazon
  3. Sutter Health
  4. Thermo Fisher Scientific
  5. Hayward Unified School District
  6. City of Hayward
  7. Tesla
  8. Costco Wholesale
  9. The Home Depot
  10. Walmart