February 16, 2024

Mansfield, TX – January 2024 Jobs Report – Steady Growth Amidst Regional Slowdown

Mansfield’s job market continued its positive trajectory in January 2024, adding 120 new positions and maintaining an unemployment rate of 4.2%, slightly below the national average. However, this growth represents a slight deceleration compared to previous months, reflecting broader regional trends.

Highlights:

Job growth: 120 new jobs added
Unemployment rate: 4.2% (slightly below national average)
Key growth sectors: Healthcare, Manufacturing, Education & Social Services
Key shrinking sectors: Retail Trade, Leisure & Hospitality

What Industries and Occupations Grew:

Healthcare: Registered Nurses, Diagnostic Technicians, Physician Assistants
Manufacturing: Production Workers, Quality Control Inspectors, Industrial Engineers
Education & Social Services: Special Education Teachers, Social Workers, Childcare Workers

What Industries and Occupations Shrank:

Retail Trade: Cashiers, Sales Associates, Stockers
Leisure & Hospitality: Food Service Workers, Hotel Clerks, Travel Agents

Compare to Same Month Last Year:

Job growth in January 2024 was comparable to January 2023.
The unemployment rate remained slightly lower than January 2023.
Growth in key sectors like Healthcare and Manufacturing was consistent with the previous year.

Compare to Previous Month:

Job growth in January 2024 was lower than December 2023, marking a slight slowdown.
The unemployment rate remained stable month-on-month.
Growth in key sectors was slower compared to December 2023.

Future Outlook:

Mansfield’s job market is expected to maintain its positive momentum in 2024, though growth may moderate slightly compared to the previous year. Key sectors like Healthcare, Manufacturing, and Technology are projected to continue adding jobs.

10 Growing Occupations:

10 Companies Hiring Now:

Resources: