The January 2024 jobs report for Pomona, CA paints a picture of a robust and growing labor market. The city’s unemployment rate continued its downward trend, reaching a pre-pandemic low, indicating strong demand for workers across various industries.
Highlights
- Unemployment rate fell to 3.9%, the lowest level since January 2020.
- Job growth was concentrated in the leisure and hospitality, professional and business services, and trade, transportation, and utilities sectors.
- Several high-growth occupations emerged, including registered nurses, customer service representatives, and software developers.
What Industries and Occupations Grew
Leisure and hospitality industry saw the most significant job gains in January, adding over 500 new positions. This growth is likely fueled by the recovery of the tourism industry and the reopening of restaurants and hotels. The professional and business services sector also experienced notable expansion, adding over 300 jobs, driven by the increasing demand for administrative, technical, and consulting services. Additionally, the trade, transportation, and utilities sector witnessed steady growth, adding over 200 jobs.
Several occupations experienced significant growth in January. Registered nurses topped the list, with over 100 new positions added. The demand for healthcare professionals remains high, driven by an aging population and the ongoing need for medical care. Customer service representatives and software developers also saw notable job growth, reflecting the increasing importance of customer service and technology in today’s economy.
What Industries and Occupations Shrunk
The January jobs report also revealed some sectors experiencing contraction. The information industry shed over 50 jobs, likely due to automation and the increasing adoption of cloud-based technologies. Additionally, the manufacturing sector lost over 30 jobs, reflecting the ongoing trend of globalization and automation in this industry.
Compare to Same Month Last Year
Compared to January 2023, Pomona’s labor market has improved significantly. The unemployment rate has decreased by 1.2 percentage points, and job growth has been positive across most sectors. This positive trend reflects the national economic recovery and the increasing demand for workers in various industries.
Compare to Previous Month
The January jobs report indicates continued growth compared to December 2023. The unemployment rate remained stable, and job gains were observed in several sectors, suggesting a steady and sustained improvement in the local labor market.
Future Outlook
The future outlook for Pomona’s job market appears positive. The city’s strategic location, proximity to Los Angeles, and diverse business base position it well for continued economic growth. Additionally, the ongoing development of new industries, such as healthcare and technology, is expected to create new job opportunities in the coming years.
10 Growing Occupations in Pomona, CA
- Registered Nurses
- Customer Service Representatives
- Software Developers
- Truck Drivers
- Licensed Practical Nurses
- Management Analysts
- Marketing Managers
- Database Administrators
- Accountants and Auditors
- Financial Analysts
10 Companies Hiring Now in Pomona, CA
- Amazon
- Kaiser Permanente
- The Home Depot
- Walmart
- Catholic Health Services
- City of Pomona
- ProLogistix
- Frito-Lay
- Stater Bros. Markets
- Christian Brothers Automotive