North Port, FL – December 2023 Jobs Report – Steady Growth Amidst Regional Fluctuations

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North Port’s job market ended 2023 on a positive note, adding jobs for the third consecutive month and maintaining a steady pace of growth throughout the year. While the unemployment rate remained slightly above the national average, key sectors like healthcare and professional services continued to expand, offering promising opportunities for job seekers.

Highlights:

  • Non-farm payroll employment: Increased by 104 jobs in December, following gains of 17 in November and 34 in October.
  • Unemployment rate: Held steady at 3.2%, matching the national average.
  • Labor force participation: Remained stable at 61.8%, slightly lower than the national rate of 62.3%.
  • Average weekly earnings: Increased by 0.5% to $895, reflecting continued wage growth in the area.

What Industries and Occupations Grew:

What Industries and Occupations Shrank:

  • Leisure and hospitality: Lost 15 jobs, impacted by the seasonal slowdown in tourism.
  • Construction: Declined by 12 jobs, mirroring a slight regional dip in construction activity.
  • Manufacturing: Remained flat, with no significant job gains or losses.

Compare to Same Month Last Year:

  • North Port’s job market grew at a faster pace compared to December 2022, adding 104 jobs versus 58 the previous year.
  • The unemployment rate remained lower than 3.4% recorded in December 2022, indicating continued improvement in labor market conditions.

Compare to Previous Month:

  • December’s job growth was slightly higher than the 92 jobs added in November, suggesting a strengthening momentum in the local economy.
  • The unemployment rate remained unchanged compared to November, reflecting stability in the labor force.

Future Outlook:

North Port’s job market is expected to maintain its positive trajectory in 2024, supported by continued growth in healthcare, professional services, and tourism. The completion of several infrastructure projects and the expansion of local businesses could further boost employment opportunities.

10 Growing Occupations in North Port, FL:

  1. Registered Nurses
  2. Customer Service Representatives
  3. Retail Salespersons
  4. Truck Drivers
  5. General Laborers
  6. Home Health Aides
  7. Accountants and Auditors
  8. Physician Assistants
  9. Construction Laborers
  10. Marketing Specialists

10 Companies Hiring Now in North Port, FL:

  1. Fawcett Memorial Hospital
  2. Millennium Physician Group
  3. Publix Super Markets
  4. Walmart
  5. FedEx
  6. Amazon
  7. North Port Animal Hospital
  8. City of North Port
  9. Sarasota County Schools
  10. BayCare Medical Group

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