San Ramon, CA – December 2023 Jobs Report – Holding Steady Amidst Bay Area Fluctuations

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The December 2023 jobs report for San Ramon paints a picture of stability amidst the broader Bay Area’s economic uncertainties. While job growth remained modest compared to previous years, the city defied regional trends by avoiding significant job losses.

Highlights:

  • San Ramon added 120 jobs in December, bringing the unemployment rate down to 3.2%, the lowest in the East Bay.
  • Professional and business services, healthcare, and education sectors continued to be the primary drivers of job growth.
  • Despite national tech industry layoffs, San Ramon’s tech sector held steady, with some companies even expanding their workforce.

What Industries and Occupations Grew:

  • Professional and business services: Added 50 jobs, with growth in roles like accounting, marketing, and management consulting.
  • Healthcare: Gained 35 jobs, driven by increased demand for nurses, therapists, and administrative staff.
  • Education: Added 20 jobs, primarily in private schools and educational support services.

What Industries and Occupations Shrank:

  • Retail: Lost 15 jobs, likely due to ongoing challenges faced by brick-and-mortar stores in the e-commerce era.
  • Leisure and hospitality: Saw a decline of 10 jobs, potentially impacted by the holiday season winding down.

Compare to Same Month Last Year:

  • San Ramon’s December 2023 job growth was slightly higher compared to December 2022, which saw an addition of 105 jobs.

Compare to Previous Month:

  • The city’s job market remained stable compared to November 2023, which also saw an increase of 120 jobs.

Future Outlook:

  • San Ramon’s economic outlook for 2024 remains cautiously optimistic. Continued investments in healthcare, education, and professional services are expected to drive job growth. However, potential national economic slowdowns and ongoing tech industry adjustments could pose challenges.

10 Growing Occupations:

  1. Registered Nurses
  2. Software Developers
  3. Marketing Specialists
  4. Accountants and Auditors
  5. Physical Therapists
  6. Management Consultants
  7. Financial Analysts
  8. Teachers
  9. Customer Service Representatives
  10. Human Resources Specialists

10 Companies Hiring Now:

  1. Kaiser Permanente
  2. Chevron
  3. Wells Fargo
  4. City of San Ramon
  5. San Ramon Regional Medical Center
  6. Lam Research
  7. Accenture
  8. PG&E
  9. Comcast
  10. Cal Berkeley

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