Laredo, TX – December 2023 Jobs Report – Steady Growth Amid Shifting Landscape

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Laredo’s job market ended 2023 on a positive note, boasting continued growth and a low unemployment rate. However, December did witness some sector-specific fluctuations, indicating a dynamic and evolving economic landscape.

  • Unemployment rate: 3.5% (December 2023), 4.2% (November 2023), 3.7% (December 2022)
  • Job growth: 1.9% year-over-year, 0.4% month-over-month


  • Trade, transportation, and utilities remained the largest and fastest-growing sector, adding 2.1% jobs year-over-year.
  • The unemployment rate dipped to a record low, reflecting strong demand for workers.
  • Some sectors, like mining and logging, experienced job losses compared to the previous year.

Industry and Occupation Growth:

Industry and Occupation Shrinkage:

  • Mining, logging, and construction: Employment in this sector remained stagnant compared to the previous year.
  • Manufacturing: The manufacturing sector saw no job growth compared to December 2022.

Comparison to Previous Periods:

  • December 2023 unemployment rate was the lowest on record for Laredo.
  • Job growth slowed down slightly compared to November 2023 but remained positive year-over-year.

Future Outlook:

  • Trade and logistics are expected to remain key drivers of job growth in Laredo.
  • Healthcare and education are also projected to see continued expansion.
  • The impact of automation and rising wages on certain sectors remains an area to watch.

10 Growing Occupations (December 2023):

  1. Registered Nurses
  2. Truck Drivers
  3. Nursing Assistants
  4. Home Health and Personal Care Aides
  5. Customer Service Representatives
  6. Software Developers and Applications
  7. Logistics Coordinators
  8. Retail Salespersons
  9. Elementary and Middle School Teachers
  10. Medical and Clinical Laboratory Technicians

10 Companies Hiring Now (February 2024):

  1. Laredo Medical Center
  2. United Parcel Service (UPS)
  3. CEVA Logistics
  4. Target
  5. Texas A&M International University
  6. Laredo Independent School District
  7. J.B. Hunt Transport Services
  8. Walmart
  9. City of Laredo
  10. HEB