Lewisville, TX – January 2024 Job Market Report – Hiring Spree Continues

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The Lewisville job market continued its upward trend in January 2024, adding a significant number of new jobs compared to the previous month and the same month last year. This growth is attributed to several factors, including the ongoing recovery from the pandemic and the expansion of several key industries in the area.

Highlights

  • Job growth: Lewisville added a substantial number of new jobs in January 2024, exceeding the national average.
  • Unemployment rate: The unemployment rate in Lewisville remained low, indicating a tight labor market.
  • Wage growth: Wages in Lewisville continued to grow at a healthy pace.

What Industries and Occupations Grew

Several industries experienced significant job growth in Lewisville in January 2024, including:

  • Professional and business services: This sector added a large number of new jobs, driven by the growth of companies in fields such as accounting, finance, and management consulting.
  • Trade, transportation, and warehousing: This industry also saw strong job growth, fueled by the expansion of e-commerce and logistics companies in the area.
  • Healthcare: The healthcare sector continued to add jobs, reflecting the growing demand for medical services in the Lewisville area.

Some of the fastest-growing occupations in Lewisville in January 2024 included:

What Industries and Occupations Shrank

While most industries in Lewisville experienced job growth in January 2024, a few sectors saw a decline in employment. These included:

  • Leisure and hospitality: This industry shed a small number of jobs, likely due to the seasonal nature of some businesses in this sector.
  • Manufacturing: The manufacturing sector also saw a slight decline in employment, which may be due to factors such as automation and outsourcing.

Compare to Same Month Last Year

Compared to January 2023, the Lewisville job market has shown significant improvement. The unemployment rate is lower, and job growth is much stronger. This indicates that the Lewisville economy is recovering well from the pandemic.

Compare to Previous Month

The Lewisville job market continued its positive momentum from December 2023, adding even more jobs in January 2024. This suggests that the economic expansion in Lewisville is likely to continue in the coming months.

Future Outlook

The future outlook for the Lewisville job market is positive. The economy is expected to continue growing, and several key industries are expanding in the area. This should lead to continued job growth and low unemployment rates.

10 Growing Occupations in Lewisville, TX:

  1. Registered Nurses
  2. Software Developers and Programmers
  3. Customer Service Representatives
  4. Truck Drivers
  5. Licensed Practical Nurses
  6. Management Analysts
  7. Personal Care Aides
  8. Marketing Managers
  9. Sales Managers
  10. Financial Managers

10 Companies Hiring Now in Lewisville, TX:

  1. Texas Health Presbyterian Hospital Lewisville
  2. Amazon
  3. Lowe’s Companies, Inc.
  4. Medtronic
  5. City of Lewisville
  6. Walmart
  7. FedEx
  8. The Home Depot
  9. PepsiCo
  10. L3Harris Technologies