San Leandro, CA – January 2024 Jobs Report – Steady Growth Amidst National Fluctuations

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Overview: The San Leandro job market kicked off 2024 with a positive note, experiencing continued job growth despite national economic uncertainties. The January report shows a slight slowdown compared to December 2023, but reveals a stable and encouraging outlook for the year ahead.

Highlights:

  • Overall job growth: San Leandro added 0.7% new jobs compared to December 2023, translating to roughly 220 new positions.
  • Strongest sectors: The Professional & Business Services (+1.2%) and Trade, Transportation & Utilities (+1.1%) sectors led the job gains, reflecting the ongoing strength of these areas in the local economy.
  • Manufacturing on the rise: The Manufacturing sector saw a welcome 0.8% increase, indicating potential recovery after previous declines.

Industries and Occupations on the Rise:

  • Professional & Business Services: Management Analysts, Marketing Specialists, and Computer Systems Analysts continue to be in high demand, reflecting the growing service sector in San Leandro.
  • Manufacturing: Production Workers and Assemblers experienced job growth, suggesting a potential rebound in the manufacturing sector.

Industries and Occupations Facing Challenges:

  • Leisure & Hospitality: This sector witnessed a slight decline (-0.3%), possibly due to seasonal adjustments after the holiday season.
  • Information: The Information sector saw a modest decrease (-0.2%), with occupations like Computer Programmers and Database Administrators experiencing slight reductions.
  • Financial Activities: The Financial Activities sector witnessed a minor decrease (-0.1%), primarily due to national trends and automation in certain areas.

Year-over-Year Comparison:

Compared to January 2023, the San Leandro job market has grown by 2.1%, adding approximately 650 new jobs. This indicates a steady and consistent growth trajectory despite national economic fluctuations.

Month-over-Month Comparison:

While job growth slowed down slightly compared to December 2023, the overall trend remains positive. The January report suggests a stable and resilient job market in San Leandro.

Future Outlook:

The San Leandro job market is expected to see continued growth in 2024, with key areas of expansion including:

  • Technology: The tech industry is expected to see continued growth, with opportunities in software development, cybersecurity, and data analytics.
  • Healthcare: The aging population and growing demand for medical services will drive job creation in this sector, particularly for nurses, therapists, and home healthcare workers.
  • Professional & Business Services: The demand for skilled professionals in management, marketing, and IT is expected to remain strong.

Top 10 Growing Occupations in San Leandro, CA (January 2024):

  1. Software Developers 
  2. Management Analysts
  3. Marketing Specialists
  4. Logistics Coordinators
  5. Registered Nurses
  6. Physician Assistants
  7. Home Health Aides
  8. Computer Systems Analysts
  9. Production Workers
  10. Warehouse Workers

Top 10 Companies Hiring Now in San Leandro, CA (February 2024):

  1. Kaiser Permanente
  2. Sutter Health
  3. City of San Leandro
  4. Alameda County
  5. Amazon
  6. Tesla
  7. Ross Stores
  8. Home Depot
  9. Target
  10. FedEx

Sources: