December 2023 painted a rosy picture for the New Braunfels job market, continuing the positive trajectory observed throughout the year. The metro area, nestled within the San Antonio-New Braunfels MSA, added a significant number of new positions, solidifying its status as a Texas employment hotspot.
Highlights:
- Record-breaking job growth: December saw New Braunfels contribute to the MSA’s impressive gain of over 39,000 new jobs in 2023, marking a historic high (Source: San Antonio Express-News).
- Low unemployment: The December unemployment rate for the San Antonio-New Braunfels MSA dipped to 3.1%, reflecting a healthy and competitive labor market (Source: Workforce Solutions Alamo).
- Diversified growth: While specific data for New Braunfels isn’t available, the MSA saw job gains across various sectors, indicating a well-rounded economic landscape.
What Industries and Occupations Grew:
Industry-specific data for New Braunfels isn’t available, but the MSA saw growth in:
- Construction: Boosted by residential and commercial development (Source: Bureau of Labor Statistics).
- Trade, Transportation, and Utilities: Supported by e-commerce and logistics (Source: Bureau of Labor Statistics).
- Professional and Business Services: Reflecting the growing demand for specialized expertise (Source: Bureau of Labor Statistics).
What Industries and Occupations Shrank:
No specific data on shrinking industries or occupations is available for New Braunfels or the MSA. However, some sectors nationwide, like manufacturing, experienced slight job losses (Source: Dallas Fed).
Compare to Same Month Last Year:
- New Braunfels: Data isn’t available for direct comparison.
- MSA: The December 2023 unemployment rate (3.1%) was lower than December 2022 (3.2%) (Source: Workforce Solutions Alamo).
Compare to Previous Month:
- New Braunfels: Data isn’t available for direct comparison.
- MSA: The December 2023 unemployment rate (3.1%) was lower than November 2023 (3.2%) (Source: Workforce Solutions Alamo).
Future Outlook:
The Texas economy is projected to maintain its momentum in 2024, with Dallas Fed forecasting 2.4% job growth statewide (Source: Dallas Fed). New Braunfels, as part of the flourishing San Antonio-New Braunfels MSA, is likely to benefit from this trend.
10 Growing Occupations (MSA):
- Registered Nurses
- Home Health and Personal Care Aides
- Software Developers and Applications
- Sales Representatives
- Customer Service Representatives
- Truck Drivers
- Construction Laborers
- Elementary School Teachers
- Marketing Specialists
- Accountants and Auditors (Source: Bureau of Labor Statistics)
10 Companies Hiring Now in New Braunfels:
- Schlitterbahn Waterpark & Resort
- New Braunfels ISD
- Christus Santa Rosa Health System
- HEB
- Home Depot
- Lowe’s
- Whataburger
- H-E-B Plus!
- Academy Sports + Outdoors
- Tractor Supply Company (Source: Indeed.com)
Please note: This information is based on available data for the San Antonio-New Braunfels MSA and may not be entirely specific to New Braunfels. Specific data for New Braunfels might be available through local government agencies or chambers of commerce.
Cited Resources:
- San Antonio Express-News: Texas punctuates record year with 19,100 new jobs in December
- Workforce Solutions Alamo: UNEMPLOYMENT RATE IN SAN ANTONIO-NEW BRAUNFELS MSA DECREASED TO 3.1 PERCENT Workforce Solutions Alamo Releases December 2023 Job Report
- Bureau of Labor Statistics: San Antonio-New Braunfels, TX Economy at a Glance
- Dallas Fed: Dallas Fed: Texas employment forecast weakens; 33,600 jobs added in March
- Indeed.com