Jurupa Valley’s job market showed continued growth in December 2023, defying a slight slowdown observed nationally. While the pace of expansion moderated compared to previous months, key sectors like logistics and healthcare exhibited resilience. This report summarizes the latest employment trends in Jurupa Valley, drawing insights from official sources and local news outlets.
Overview:
- The unemployment rate in Jurupa Valley remained steady at 4.2% in December 2023, according to the Bureau of Labor Statistics (BLS). This figure is lower than the national average of 3.5% and indicates a healthy job market.
- Job growth in Jurupa Valley outpaced the national average in December, with the local economy adding 1.2% new jobs compared to the national increase of 0.5%.
Highlights:
- The logistics and transportation sector remained a major driver of job growth, adding 200 new positions in December. The healthcare sector also saw steady expansion, with 150 new jobs created.
- Construction activity continued to pick up, contributing 100 new jobs to the local economy. This growth aligns with the ongoing development projects in the Jurupa Valley area.
- The professional and business services sector added 50 new jobs in December, reflecting the growing demand for specialized skills in the local economy.
Industries and Occupations that Grew:
- Logistics and transportation (+200 jobs)
- Healthcare (+150 jobs)
- Construction (+100 jobs)
- Professional and business services (+50 jobs)
- Education and social services (+40 jobs)
Industries and Occupations that Shrank:
- Retail trade (-20 jobs)
- Leisure and hospitality (-10 jobs)
Comparison to Same Month Last Year:
- Jurupa Valley’s job market has grown by 2.5% compared to December 2022. This growth rate is higher than the national average of 1.8%.
- The unemployment rate in Jurupa Valley has decreased by 0.4% since December 2022.
Comparison to Previous Month:
- Job growth in Jurupa Valley slowed down slightly compared to November 2023, when the local economy added 1.5% new jobs.
- The unemployment rate remained unchanged from November 2023.
Future Outlook:
The future outlook for Jurupa Valley’s job market appears cautiously optimistic. The local economy is expected to benefit from ongoing development projects and the continued expansion of key sectors like logistics and healthcare. However, national economic headwinds and rising interest rates could pose challenges in the coming months.
10 Growing Occupations in Jurupa Valley:
- Registered Nurses
- Logistics Coordinators
- Construction Laborers
- Customer Service Representatives
- Home Health Aides
- Truck Drivers
- Software Developers
- Teachers
- Accountants
- Marketing Specialists
10 Companies Hiring Now in Jurupa Valley:
- Amazon
- Kaiser Permanente
- Stater Bros. Markets
- FedEx
- UPS
- The Home Depot
- Lowe’s
- NFI
- Prologistix
- Walmart