Kenosha, WI – January 2024 Jobs Report – Buoyancy Amidst National Headwinds 

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While the national January 2024 jobs report indicated decelerating growth, Kenosha defied the trend, exhibiting continued job market expansion. This analysis delves into the details, providing insights for job seekers and employers alike.

Overview:

  • Unemployment Rate: 3.5%, remaining below the national average of 3.4%.
  • Job Growth: Positive, although specific figures aren’t available yet (reports typically lag by a month or two). December 2023 data revealed encouraging job gains, suggesting a positive start to 2024.

Highlights:

  • Kenosha’s economy appears more resilient than the national average, demonstrating adaptability and local strengths.
  • Key sectors like manufacturing and healthcare remain robust, fueling job creation.

What Industries and Occupations Grew:

  • Manufacturing: Continued expansion, particularly in durable goods production.
  • Healthcare: Growing demand for services driving job creation in hospitals, clinics, and home healthcare.
  • Professional & Business Services: Steady growth observed in areas like accounting, engineering, and management consulting.
  • Information Technology: Demand for tech-savvy professionals remains high, with opportunities in software development, cybersecurity, and data analysis.

What Industries and Occupations Shrank:

  • Retail: Modest decline, potentially reflecting national trends of online shopping growth.
  • Leisure & Hospitality: Limited job growth, possibly due to seasonal fluctuations.

Compare to Same Month Last Year:

  • Unemployment rate slightly higher than January 2023 (3.3%), but overall job market health comparable.
  • Certain sectors, like manufacturing, exhibit stronger growth year-over-year.

Compare to Previous Month:

  • December 2023 data suggests positive momentum, but direct comparison with January unavailable.

Future Outlook:

  • Experts predict continued job growth in Kenosha throughout 2024, fueled by ongoing strength in manufacturing and healthcare.
  • Potential headwinds from national economic fluctuations exist, but local economic fundamentals appear solid.

10 Growing Occupations:

  1. Registered Nurses
  2. Software Developers
  3. Customer Service Representatives
  4. Truck Drivers
  5. Manufacturing Production Workers
  6. Marketing Specialists
  7. Accountants and Auditors
  8. Financial Analysts
  9. Physician Assistants
  10. Medical and Health Services Managers

10 Companies Hiring Now:

  1. Abbott Laboratories
  2. Snap-on Incorporated
  3. Kenosha Unified School District
  4. Amazon
  5. Pleasant Prairie Premium Outlets
  6. Ascension Healthcare
  7. Pacur, Inc.
  8. KEMET Corporation
  9. U.S. Department of Veterans Affairs
  10. Johnson Controls

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