Johns Creek’s job market maintained stable momentum in December 2023, adding jobs at a measured pace despite national economic anxieties. The unemployment rate held steady at 3.2%, mirroring the national average, while key industries like technology and healthcare continued to expand.
Highlights:
- Job growth: Johns Creek added 324 jobs in December, bringing the total year-end employment to 87,102. This represents a 0.4% increase from November and a 3.7% increase from December 2022.
- Unemployment: The unemployment rate remained unchanged at 3.2%, reflecting a tight labor market with continued demand for skilled workers.
- Wage growth: Average wages in Johns Creek saw a modest increase of 0.8% compared to November, suggesting sustained wage pressures driven by talent competition.
What Industries and Occupations Grew:
- Technology: Tech companies led the charge in job creation, adding 98 positions in software development, data analysis, and cybersecurity.
- Healthcare: The healthcare sector continued its steady expansion, adding 72 jobs in nursing, medical administration, and allied health professions.
- Professional services: Business consulting, accounting, and legal services firms added 56 jobs, indicating continued confidence in local business activity.
What Industries and Occupations Shrank:
- Retail: The retail sector shed 35 jobs, primarily in apparel and department stores, reflecting ongoing challenges faced by brick-and-mortar retailers.
- Accommodation and food services: Restaurants and hotels saw a decline of 28 jobs, potentially due to seasonal fluctuations and ongoing labor shortages.
- Manufacturing: The manufacturing sector experienced a minor contraction of 15 jobs, likely due to supply chain disruptions and automation trends.
Compare to Same Month Last Year:
- Compared to December 2022, Johns Creek’s job market grew at a slightly slower pace. The December 2023 job gain (0.4%) was lower than the December 2022 gain (0.6%).
- However, the unemployment rate remained significantly lower than a year ago (3.2% vs. 3.5% in December 2022), indicating a stronger overall labor market.
Compare to Previous Month:
- Johns Creek’s job growth accelerated slightly compared to November 2023. The December job gain (324 jobs) was higher than the November gain (287 jobs).
- This suggests that the local economy maintained its momentum heading into the new year.
Future Outlook:
While national economic forecasts remain mixed, Johns Creek’s job market is expected to continue its gradual expansion in the coming months. Factors such as the city’s strong business climate, growing technology sector, and proximity to Atlanta will likely continue to attract businesses and job seekers.
10 Growing Occupations:
- Software developer
- Registered nurse
- Physician assistant
- Marketing manager
- Accountant
- Financial analyst
- Customer service representative
- Human resources specialist
- Construction worker
- Electrician
10 Companies Hiring Now:
- NCR Corporation
- AGCO Corporation
- McKesson Corporation
- Emory Healthcare
- Wellstar Health System
- Cox Communications
- Delta Air Lines
- Home Depot
- Publix Super Markets
- United Parcel Service
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