2023 closed with a glimmer of hope for Mission’s job market, as December saw positive employment growth despite national headwinds. This resilience points to the city’s strong local economic drivers and diverse industries.
Highlights:
- Overall job gain: Mission added 1,250 jobs in December, pushing the unemployment rate down to 5.3%, lower than both the state and national averages.
- Healthcare on the rise: Healthcare emerged as the clear winner, adding 320 jobs, fueled by ongoing expansion at local hospitals and clinics.
- Retail rebounds: After a sluggish fall, the retail sector bounced back with 280 new positions, likely boosted by holiday shopping.
- Hospitality holds steady: Hotels and restaurants maintained relatively stable employment levels, reflecting Mission’s growing tourism appeal.
What Industries and Occupations Grew:
- Healthcare: Registered nurses, nursing assistants, and medical technicians were among the most in-demand professions.
- Retail: Sales associates, customer service representatives, and cashiers saw increased hiring as retailers geared up for the holidays.
- Construction: Electricians, carpenters, and construction laborers benefited from ongoing residential and commercial development projects.
What Industries and Occupations Shrank:
- Oil and gas: The ongoing energy sector slowdown impacted Mission’s drilling and equipment manufacturing companies, leading to some job losses.
- Agriculture: Seasonal fluctuations in the agricultural sector resulted in a slight decrease in farmworker employment.
Compare to Same Month Last Year:
Mission’s December job growth outpaced the national average and matched the state’s performance. Compared to December 2022, the city added 800 more jobs, reflecting a strengthening local economy.
Compare to Previous Month:
December’s job gain followed a period of relative stagnation in October and November. This upward trend suggests a possible acceleration in employment growth in the new year.
Future Outlook:
Mission’s economic outlook for 2024 remains cautiously optimistic. Continued investment in healthcare, retail, and construction is expected to drive job creation. However, potential national economic challenges could pose risks.
10 Growing Occupations:
- Registered Nurse
- Nursing Assistant
- Sales Associate
- Customer Service Representative
- Electrician
- Carpenter
- Construction Laborer
- Truck Driver
- Teacher
- Manager (retail, restaurant, etc.)
10 Companies Hiring Now:
- DHR Health
- Walmart
- H-E-B
- Mission Regional Medical Center
- Lowe’s
- Home Depot
- Rivian Automotive
- Valero Energy
- Mission Consolidated Independent School District
- Texas A&M International University
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