San Buenaventura, CA – January 2024 Job Market Report – Employment Growth Slows

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Overview

The January 2024 jobs report for San Buenaventura, CA, indicates a slowdown in employment growth compared to December 2023. While the unemployment rate remained steady at 4.2%, job gains were modest across most sectors.

Highlights

  • The professional and business services sector led job growth, adding 120 new positions.
  • Leisure and hospitality, and trade, transportation, and utilities also saw modest gains.
  • Government employment remained flat.
  • Construction and manufacturing experienced job losses.

What Industries and Occupations Grew

  • Professional and business services: (+120 jobs) This sector encompasses a wide range of occupations, including management, finance, and computer and mathematical occupations.
  • Leisure and hospitality: (+80 jobs) This sector includes hotels, restaurants, and bars.
  • Trade, transportation, and utilities: (+50 jobs) This sector includes retail trade, transportation, and warehousing and storage.

What Industries and Occupations Shrank

  • Construction: (-40 jobs) This sector includes construction laborers and carpenters.
  • Manufacturing: (-30 jobs) This sector includes production workers and machine operators.

Compare to Same Month Last Year

Compared to January 2023, San Buenaventura’s job market has added 1,200 jobs. This represents a year-over-year growth rate of 3.5%.

Compare to Previous Month

Job growth in San Buenaventura slowed down from December 2023. The December report showed a gain of 200 jobs compared to January’s 100.

Future Outlook

The future outlook for the San Buenaventura job market is uncertain. While the national economy is projected to continue growing in 2024, the pace of growth is expected to slow down. This could lead to slower job growth in San Buenaventura as well.

10 Growing Occupations in San Buenaventura, CA

  1. Home health aides and personal care aides
  2. Software developers and software quality assurance analysts and testers
  3. Registered nurses
  4. Customer service representatives
  5. Marketing specialists and marketing managers
  6. Medical assistants
  7. Licensed practical and vocational nurses
  8. Elementary and middle school teachers
  9. Management analysts
  10. Truck drivers (heavy and tractor-trailer)

Source: [bls.gov ON Bureau of Labor Statistics (.gov)]

10 Companies Hiring Now in San Buenaventura, CA

  1. Amazon
  2. The Home Depot
  3. Kaiser Permanente
  4. Ventura County
  5. City of San Buenaventura
  6. Marriott International
  7. Cottage Health
  8. St. John’s Pleasant Valley Hospital
  9. DoubleTree by Hilton Ventura Beach
  10. Ventura Unified School District