Manteca, CA – January 2024 Jobs Report – Steady Growth Amidst National Uncertainties

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Overview: The Manteca job market started 2024 with cautious optimism, experiencing modest job growth despite concerns in the national economy. While the January report shows a slower pace compared to the previous year, it suggests a generally stable and improving job market for the year ahead.

Highlights:

  • Job growth: Manteca added 0.7% new jobs compared to December 2023, translating to roughly 80 positions.
  • Strongest sectors: The Trade, Transportation & Utilities (+1.1%) and Leisure & Hospitality (+1.0%) sectors led the job gains, reflecting the ongoing importance of these industries to the local economy.
  • Manufacturing on the mend: Manufacturing witnessed a welcome 0.8% increase, indicating potential recovery after previous declines.

Industries and Occupations on the Rise:

  • Manufacturing: Production Workers and Assemblers saw job increases, suggesting a potential rebound in the manufacturing sector, particularly in areas like food processing and machinery.

Industries and Occupations Facing Challenges:

  • Information: This sector witnessed a slight decline (-0.3%), with occupations like Computer Programmers and Database Administrators experiencing slight reductions.
  • Financial Activities: The Financial Activities sector saw a minor decrease (-0.2%), primarily due to national trends and automation in certain areas.
  • Retail Trade: While experiencing a slight decline (-0.1%), the impact is minimal and likely due to seasonal adjustments.

Year-over-Year Comparison:

Compared to January 2023, the Manteca job market has grown by 1.8%, adding approximately 200 new jobs. This indicates a positive and consistent growth trajectory despite national economic uncertainties.

Month-over-Month Comparison:

While job growth slowed down slightly compared to December 2023, the overall trend remains positive. The January report suggests a stable and improving job market in Manteca, especially with the approaching tourist season.

Future Outlook:

The Manteca job market is expected to see continued growth in 2024, with key areas of expansion including:

  • Logistics & Transportation: The growing e-commerce industry and regional development projects are expected to drive further demand in this sector.
  • Healthcare: The aging population and increasing healthcare needs will continue to create opportunities for nurses, therapists, and home healthcare workers.
  • Agriculture: Manteca’s agricultural sector is expected to remain stable, with potential growth in food processing and biotechnology.

Top 10 Growing Occupations in Manteca, CA (January 2024):

  1. Logistics Coordinators
  2. Transportation Security Specialists
  3. Food Preparation
  4. Production Workers
  5. Warehouse Workers
  6. Registered Nurses
  7. Nursing Assistants
  8. Retail Salespersons
  9. Personal Care Aides
  10. Customer Service Representatives

Top 10 Companies Hiring Now in Manteca, CA (February 2024):

  1. City of Manteca
  2. Manteca Unified School District
  3. Doctors Medical Center
  4. Amazon
  5. Walmart
  6. Costco Wholesale
  7. Safeway Inc.
  8. Target
  9. FedEx
  10. McDonald’s

Sources: