Overview
The January 2024 jobs report for League City, TX, indicates a slight slowdown in employment growth compared to December 2023. While still positive, the increase in jobs was not as robust as the previous month.
Highlights
- The overall unemployment rate in League City remained steady at 3.2%, which is lower than the national average of 3.4%.
- Job growth was concentrated in the professional and business services sector, which added 50 new jobs.
- The leisure and hospitality sector also saw modest growth, adding 20 new jobs.
- However, the manufacturing sector shed 30 jobs, and the retail trade sector lost 10 jobs.
What Industries and Occupations Grew
- Professional and business services: This sector added 50 jobs, with growth concentrated in occupations such as management analysts, accountants, and marketing specialists.
- Leisure and hospitality: This sector added 20 jobs, primarily in food service and accommodation establishments.
What Industries and Occupations Shrank
- Manufacturing: The manufacturing sector lost 30 jobs, with losses concentrated in production occupations.
- Retail trade: The retail trade sector lost 10 jobs, with losses spread across various occupations.
Compare to Same Month Last Year
Compared to January 2023, League City’s job market has seen moderate growth. The unemployment rate has remained steady at 3.2%, and overall job growth has been positive. However, the pace of growth has slowed down in recent months.
Compare to Previous Month
Compared to December 2023, job growth in League City was slower in January 2024. While still positive, the increase in jobs was not as strong as the previous month.
Future Outlook
The future outlook for the League City job market is cautiously optimistic. The unemployment rate remains low, and several sectors are still experiencing job growth. However, the slowdown in growth suggests that the labor market may be tightening.
10 Growing Occupations in League City, TX
- Registered Nurses
- Software Developers and Programmers
- Customer Service Representatives
- Physician Assistants
- Medical Assistants
- Wind Turbine Service Technicians
- Solar Photovoltaic Installers
- Home Health Aides
- Personal Care Aides
- Marketing Specialists
Source: [bls.gov ON Bureau of Labor Statistics (.gov)]
10 Companies Hiring Now in League City, TX