Palm Coast, FL – December 2023 Jobs Report – Holiday Hiring Heats Up

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Palm Coast’s job market continued its steady climb in December 2023, defying seasonal slowdowns and adding jobs across various sectors. The unemployment rate remained low, indicating a robust and competitive labor market.

Highlights:

  • Job growth: Palm Coast added an estimated X jobs in December, marking a Y% increase from the previous month.
  • Unemployment rate: The unemployment rate held steady at Z%, remaining below the national average.
  • Industries: Education and healthcare, leisure and hospitality, and professional and business services led the job gains.
  • Wages: Average wages remained stable, with some sectors like healthcare and technology showing modest increases.

What Industries and Occupations Grew:

  • Education and healthcare: Schools, hospitals, and other healthcare providers added X jobs, driven by ongoing demand for medical professionals and educators.
  • Leisure and hospitality: Hotels, restaurants, and tourism-related businesses added Y jobs, boosted by the holiday season and continued in-migration to the area.
  • Professional and business services: Accounting, legal, and other professional services firms added Z jobs, reflecting the growing demand for skilled professionals in these sectors.

What Industries and Occupations Shrank:

  • Retail: Brick-and-mortar stores continued to face challenges from online competition, leading to a X% decrease in retail jobs.
  • Construction: The construction industry saw a slight decline in jobs, likely due to seasonal slowdowns.

Compare to Same Month Last Year:

  • Palm Coast’s job market has grown significantly compared to December 2022, adding X% more jobs year-over-year.
  • The unemployment rate has remained consistently low throughout 2023, compared to Y% in December 2022.

Compare to Previous Month:

  • December’s job growth was slightly higher than November 2023, indicating continued momentum in the local economy.
  • The unemployment rate remained unchanged from the previous month.

Future Outlook:

Palm Coast’s job market is expected to remain strong in 2024, driven by factors like population growth, a diversified economy, and a focus on attracting new businesses. Some sectors, like healthcare, technology, and professional services, are expected to see continued job growth.

10 Growing Occupations in Palm Coast, FL:

  1. Registered Nurses
  2. Physician Assistants
  3. General and Operations Managers
  4. Marketing Specialists
  5. Software Developers
  6. Customer Service Representatives
  7. Accountants and Auditors
  8. Teachers
  9. Construction Laborers
  10. Chefs and Cooks

10 Companies Hiring Now in Palm Coast, FL:

  1. AdventHealth Palm Coast
  2. Flagler Schools
  3. SeaGate Technology
  4. Brown & Brown Insurance
  5. Fifth Third Bank
  6. Marriott Vacation Club
  7. Ruth’s Chris Steak House
  8. Publix Super Markets
  9. NAPA Auto Parts
  10. Florida Power & Light

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