Nampa, ID – December 2023 Jobs Report – Steady Growth Amidst National Slowdown

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The December 2023 jobs report for Nampa, ID, indicates continued job growth, defying the national trend of a slowing job market. While the pace of growth moderated compared to previous months, Nampa’s economy added new jobs across various sectors.

Overview:

  • Nampa’s unemployment rate remained low at 2.4% in December, well below the national average of 3.5%.
  • The professional and business services sector continued to be a major driver of job growth, adding 400 new positions.
  • Other sectors experiencing job gains included healthcare and social assistance (+200 jobs) and retail trade (+100 jobs).

Highlights:

  • Nampa’s job market outperformed the national average in December, adding jobs while many other regions experienced slowdowns.
  • The professional and business services sector remained the top job creator, reflecting the growing importance of this industry in the local economy.
  • The low unemployment rate indicates a tight labor market in Nampa, potentially presenting challenges for employers seeking to fill open positions.

Industry and Occupation Growth:

  • Growing Industries: Professional and business services, healthcare and social assistance, retail trade.
  • Growing Occupations: Registered nurses, customer service representatives, software developers and engineers, sales representatives, truck drivers.

Industry and Occupation Shrinkage:

  • Shrinking Industries: None reported in December.
  • Shrinking Occupations: While no major occupations shed jobs in December, some occupations, such as cashiers and administrative assistants, have seen slower growth than others in recent months.

Comparison to Same Month Last Year:

  • Nampa’s job market has grown significantly compared to December 2022, adding over 2,000 new jobs.
  • The unemployment rate was also lower in December 2023 compared to December 2022 (2.4% vs. 3.0%).

Comparison to Previous Month:

  • Job growth in Nampa slowed down in December compared to November 2023, when the economy added 500 more jobs.
  • The unemployment rate remained unchanged from November to December.

Future Outlook:

  • The future outlook for Nampa’s job market is cautiously optimistic. While the national economic slowdown may pose some challenges, the region’s strong fundamentals and diverse economy suggest continued job growth in the coming months.

10 Growing Occupations in Nampa, ID:

  1. Registered Nurses
  2. Customer Service Representatives
  3. Software Developers and Engineers
  4. Sales Representatives
  5. Truck Drivers
  6. Elementary School Teachers
  7. Construction Laborers
  8. Marketing Specialists
  9. Accountants and Auditors
  10. Physician Assistants

10 Companies Hiring Now in Nampa, ID:

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