Meridian, ID – January 2024 Job Market Report – Employment Gains Continue Across Most Sectors

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The Meridian job market continued its positive trend in January 2024, with most sectors experiencing employment growth. The report, compiled by the Bureau of Labor Statistics (BLS), indicated a steady increase in jobs compared to both the previous month and the same month last year.

Highlights:

  • The overall unemployment rate in Meridian remained low at 3.2%, slightly down from 3.4% in December 2023.
  • Most major industries added jobs in January, with notable growth in Trade, Transportation & Warehousing, and Construction.
  • Healthcare and Social Assistance continued to be the largest employer in the city, followed by Retail Trade and Professional & Business Services.

What Industries and Occupations Grew:

  • Trade, Transportation & Warehousing: This sector saw the most significant job gains in January, adding over 200 new positions. Growth was driven by increased activity in retail trade and transportation services.
  • Construction: The construction industry added over 100 jobs in January, reflecting continued expansion in the housing market.
  • Leisure & Hospitality: This sector also experienced job growth, adding over 50 new positions, primarily in accommodation and food service establishments.

What Industries and Occupations Shrank:

  • Information: The information industry saw a slight decline in employment, losing around 20 jobs in January. This decrease was concentrated in the telecommunications sector.
  • Financial Activities: This sector also experienced minor job losses, with around 10 positions eliminated in January.

Compare to Same Month Last Year:

  • Compared to January 2023, the Meridian job market has shown overall growth. The unemployment rate has decreased by 0.4 percentage points, and most major industries have added jobs.

Compare to Previous Month:

  • Compared to December 2023, the Meridian job market continued its positive trajectory. The unemployment rate remained steady, and job growth across various sectors contributed to a stable economic outlook.

Future Outlook:

The Meridian job market is expected to continue its growth in the coming months, driven by continued expansion in the construction and healthcare sectors. Additionally, the increasing demand for goods and services is expected to create further job opportunities in the retail trade and transportation sectors.

10 Growing Occupations in Meridian, ID (Source: BLS):

  1. Registered Nurses
  2. Retail Salespersons
  3. Customer Service Representatives
  4. Laborers and Fasteners
  5. Construction Laborers
  6. Truck Drivers (Heavy & Tractor-Trailer)
  7. Software Developers and Programmers
  8. Combined Food Service Workers
  9. Licensed Practical and Vocational Nurses
  10. Management Analysts

10 Companies Hiring Now in Meridian, ID (Source: Indeed):

  1. St. Luke’s Health System
  2. Micron Technology, Inc.
  3. WinCo Foods
  4. Wal-Mart Stores Inc.
  5. Amazon
  6. Lowe’s Companies, Inc.
  7. City of Meridian, Idaho
  8. College of Western Idaho
  9. J.R. Simplot Company
  10. Home Depot

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