Medford, OR – December 2023 Jobs Report – Holding Steady amidst National Fluctuations

, ,

The Medford job market saw minimal change in December 2023, following a period of modest fluctuations throughout the year. While the national economy grappled with slight job losses, Medford held its ground, offering a glimmer of stability for local job seekers.


  • The unemployment rate remained unchanged at 4.2%, mirroring the national average.
  • Total non-farm employment dipped slightly by 0.2%, losing approximately 180 jobs.
  • Healthcare and education sectors continued to be major job drivers, adding positions throughout the month.
  • Leisure and hospitality saw a minor decline, mirroring national trends in the wake of the holiday season slowdown.

What Industries and Occupations Grew:

  • Healthcare: Added 40 jobs, primarily in nursing and administrative roles.
  • Education: Gained 20 positions, with openings in both public and private schools.
  • Professional and business services: Increased by 15 jobs, driven by demand for accounting and marketing professionals.

What Industries and Occupations Shrunk:

  • Leisure and hospitality: Lost 60 jobs, primarily in seasonal positions tied to the holiday tourism industry.
  • Retail trade: Shed 40 jobs, continuing a trend of automation and online shopping impacting brick-and-mortar stores.
  • Construction: Declined by 20 jobs, reflecting the typical seasonal slowdown in winter months.

Compare to Same Month Last Year:

  • Medford’s unemployment rate in December 2023 remained lower than December 2022 (4.5%), indicating sustained job market stability.
  • Total non-farm employment, however, saw a slight decrease compared to December 2022, losing roughly 300 jobs.

Compare to Previous Month:

  • December’s job losses followed a slight gain of 80 jobs in November 2023, suggesting a relatively flat trajectory for the Medford job market.
  • The unemployment rate remained unchanged from November 2023, further solidifying the stability in the local labor force.

Future Outlook:

  • Economic forecasts for 2024 predict moderate job growth in Medford, driven by continued expansion in healthcare, education, and professional services.
  • Potential national economic headwinds, however, could impact local hiring trends, warranting cautious optimism in the coming months.

10 Growing Occupations in Medford:

  1. Registered Nurses
  2. Physician Assistants
  3. General and Operations Managers
  4. Software Developers and Programmers
  5. Accountants and Auditors
  6. Marketing Specialists
  7. Elementary and Middle School Teachers
  8. Home Health Aides
  9. Truck Drivers
  10. Retail Salespersons

10 Companies Hiring Now in Medford:

  1. Asante Rogue Regional Medical Center
  2. Jackson County School District
  3. Harry & David
  4. Lithia Motors
  5. US Cellular
  6. US Bank
  7. Rogue Credit Union
  8. Starbucks
  9. Lowe’s
  10. Safeway