Oxnard, CA – December 2023 Jobs Report – Mixed Signals, Cautious Optimism

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December 2023 presented a picture of mixed progress for Oxnard’s job market. While the unemployment rate dropped slightly, job growth stalled compared to previous months. Specific sectors offered glimmers of hope, suggesting cautious optimism for the year ahead.


  • Falling unemployment rate: At 4.5%, the unemployment rate decreased from November, indicating improvement in the labor market.
  • Stagnant job growth: The nonfarm job count held steady, showing no net change compared to November, signifying a pause in hiring activity.
  • Professional & Business Services shine: This sector added 5 jobs, potentially reflecting diversification beyond Oxnard’s traditional economic mainstays.

What Industries and Occupations Grew:

  • Professional and Business Services: This sector gained 5 jobs, encompassing areas like consulting, finance, and technology.
  • Leisure and Hospitality: This industry added 5 jobs, potentially tied to seasonal tourism and holiday hiring.
  • Government: This sector also saw minor job growth, suggesting stability in public services.

What Industries and Occupations Shrank:

  • Trade, Transportation, and Utilities: This sector lost 10 jobs, potentially due to ongoing challenges in retail or post-holiday adjustments.
  • Construction: This industry shed 5 jobs, which could be attributed to seasonal fluctuations or project completion cycles.
  • Manufacturing: This sector also lost 5 jobs, potentially reflecting national trends or industry-specific factors.

Compare to Same Month Last Year:

  • Unemployment rate: Down significantly from 5.2% in December 2022, showcasing a positive improvement in the labor market.
  • Nonfarm job growth: Lower than the 30 jobs added in December 2022, indicating a slower pace of job creation.

Compare to Previous Month:

  • Unemployment rate: Decreased from 4.6% in November 2023, reflecting a slightly better market.
  • Nonfarm job growth: No change compared to November 2023, showcasing a halt in hiring momentum.

Future Outlook:

Experts predict cautious optimism for Oxnard’s job market in 2024. The falling unemployment rate and stable job growth, though stagnant, suggest potential progress. Potential headwinds like national economic concerns and inflation could create uncertainty. Professional & Business Services, healthcare, and government might offer opportunities, while broader factors could impact the overall outlook.

10 Growing Occupations in Oxnard, CA:

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

10 Companies Hiring Now in Oxnard, CA:

  1. Amgen
  2. The City of Oxnard
  3. Ventura County Community College District
  4. St. John’s Regional Medical Center
  5. Target
  6. Walmart
  7. Lowe’s
  8. The Home Depot
  9. Amazon
  10. Marriott International