The Longview job market maintained its positive momentum in January 2024, mirroring national trends. While data for specific job creation figures aren’t available until mid-February, indicators suggest continued expansion across various sectors. This report compiles insights from leading sources to provide a comprehensive overview of Longview’s January job landscape.
Highlights:
- Unemployment rate: Steady at 3.4%, slightly below the national average and significantly lower than January 2023’s 4.1%. (Source: Bureau of Labor Statistics)
- Job postings: Increased compared to December 2023, indicating sustained employer demand. (Source: Indeed)
- Wage growth: Average hourly wages remained stable, holding at $22.32. (Source: Bureau of Labor Statistics)
What Industries and Occupations Grew:
- Professional and Business Services: Healthcare, engineering, and financial services saw continued hiring, particularly for roles like software developers, accountants, and healthcare practitioners.
- Manufacturing: Steady activity in oil and gas exploration, along with growth in advanced manufacturing, fueled demand for welders, machinists, and production workers.
- Education and Healthcare: Public and private schools, as well as hospitals and clinics, added positions for teachers, nurses, and therapists.
What Industries and Occupations Shrank:
- Retail: Minimal job growth, with some positions lost due to automation and online shopping trends.
- Leisure and Hospitality: Limited expansion, with hiring concentrated in restaurants and hotels during peak season.
Compare to Same Month Last Year:
- Unemployment rate: Down from 4.1% in January 2023.
- Job postings: Increased significantly year-over-year.
- Average wages: Up slightly from $22.15 in January 2023.
Compare to Previous Month:
- Unemployment rate: Remained unchanged from December 2023.
- Job postings: Grew compared to December 2023.
- Average wages: Held steady compared to December 2023.
Future Outlook:
The Longview job market is expected to maintain its positive trajectory in 2024. Growth in healthcare, manufacturing, and professional services is likely to continue, driven by an aging population, energy industry activity, and increasing demand for skilled professionals. However, potential economic headwinds and rising interest rates could dampen hiring in some sectors.
10 Growing Occupations:
- Registered Nurses
- Software Developers and Applications
- Physician Assistants
- Wind Turbine Service Technicians
- Home Health Aides and Personal Care Aides
- Truck Drivers
- Sales Representatives
- Customer Service Representatives
- Elementary and Middle School Teachers
- Construction Laborers
10 Companies Hiring Now:
- Christus Health System
- Longview ISD
- LeTourneau University
- Eastman Chemical Company
- Schlumberger
- Pilgrims Pride Corporation
- Brookshire Grocery Company
- International Paper
- Great Lakes Coca-Cola Bottling Company
- Lufkin Industries
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