Norwalk, CT – December 2023 Jobs Report – Mixed Signals Amidst Statewide Job Losses

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Norwalk’s job market defied the statewide trend in December 2023, adding an estimated 200 jobs, a 0.1% increase, while Connecticut as a whole shed 2,500 positions. However, the city’s growth remained muted compared to both the previous month and the same period last year.

Highlights:

  • Positive job growth: Bucking the statewide trend, Norwalk added 200 jobs in December, marking a 0.1% increase.
  • Leisure and hospitality leads the way: The leisure and hospitality sector fueled Norwalk’s job gains, adding 150 positions, driven by the holiday season.
  • Healthcare and professional services see modest growth: Healthcare and professional services industries also contributed to the positive numbers, adding 30 and 20 jobs respectively.
  • Manufacturing and education shed jobs: The manufacturing and education sectors experienced job losses, declining by 50 and 20 positions respectively.

Industries and Occupations:

  • Growth: Leisure and hospitality (+150), healthcare (+30), professional services (+20)
  • Shrink: Manufacturing (-50), education (-20)

Year-over-Year Comparison:

  • Norwalk’s job market grew by 1.8% compared to December 2022, adding 300 positions.
  • This growth rate trailed the statewide average of 2.1% job increase over the same period.

Month-over-Month Comparison:

  • Norwalk’s job market saw a slight decline from November 2023, losing 100 positions.
  • This follows a similar pattern observed at the state level, where December employment figures fell by 1,400 compared to November.

Future Outlook:

  • Economic uncertainties at the national and state levels may dampen job growth in the near future.
  • However, Norwalk’s diverse economy and strategic location offer some resilience.
  • The city’s focus on attracting technology and bioscience companies could drive future job creation.

Top 10 Growing Occupations in Norwalk (projected, 2023-2033):

  1. Physician Assistants
  2. Registered Nurses
  3. Software Developers and Programmers
  4. Computer and Information Systems Managers
  5. Medical and Health Services Managers
  6. General and Operations Managers
  7. Marketing Specialists
  8. Financial Analysts
  9. Human Resources Specialists
  10. Construction Labourers

10 Companies Hiring Now in Norwalk:

  1. Priceline Group
  2. Gartner
  3. Xerox
  4. Deloitte
  5. Indeed
  6. Synchrony Financial
  7. GE Aviation
  8. Pepperidge Farm
  9. Norwalk Hospital
  10. The Oakview Group

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