San Buenaventura, CA – December 2023 Jobs Report – Job Market Sees Steady Growth

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The December 2023 jobs report for San Buenaventura, CA, indicates continued job market growth, with the unemployment rate remaining stable. However, the report also highlights some nuances within different industries and occupations.

Overview:

  • The unemployment rate in San Buenaventura held steady at 4.2% in December, unchanged from November 2023.
  • The local economy added 250 new jobs, bringing the total employment to 62,150.
  • Job growth was primarily driven by the Leisure and Hospitality, and Professional and Business Services sectors.

Highlights:

  • The Leisure and Hospitality sector added the most jobs, with 100 new positions created. This is likely due to the holiday season and increased tourism activity.
  • The Professional and Business Services sector added 75 new jobs, reflecting continued growth in professional services such as accounting, engineering, and management consulting.
  • The Construction sector also saw modest growth, adding 50 new jobs.

What Industries and Occupations Grew:

What Industries and Occupations Shrank:

Compare to Same Month Last Year:

  • The unemployment rate in December 2023 is 0.2% lower than December 2022.
  • The San Buenaventura economy added 1,500 more jobs in December 2023 compared to December 2022.

Compare to Previous Month:

  • The unemployment rate remained unchanged from November 2023.
  • The San Buenaventura economy added 50 fewer jobs in December 2023 compared to November 2023.

Future Outlook:

The future outlook for the San Buenaventura job market is cautiously optimistic. The local economy is expected to continue to grow, with job creation projected in sectors such as Leisure and Hospitality, Professional and Business Services, and Construction. However, economic uncertainties and potential national recessions could dampen job growth in the coming months.

10 Growing Occupations:

  1. Personal Care Aide
  2. Customer Service Representative
  3. Registered Nurse
  4. Software Developer
  5. Construction Laborer
  6. Sales Representative
  7. Warehouse Worker
  8. Truck Driver
  9. Marketing Specialist
  10. Accountant

10 Companies Hiring Now:

  1. Community Memorial Hospital
  2. Ventura County Government
  3. Marriott International
  4. The Cheesecake Factory
  5. Amazon
  6. FedEx
  7. Kaiser Permanente
  8. Home Depot
  9. Lowe’s
  10. Starbucks

Resources:

  • Bureau of Labor Statistics – Local Area Unemployment Statistics (LAUS)
  • Indeed – San Buenaventura, CA Jobs
  • Glassdoor – San Buenaventura, CA Jobs