Sandy Springs, GA – December 2023 Jobs Report – Steady Growth Amidst Regional Slowdow

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The December 2023 jobs report for Sandy Springs, GA, paints a picture of modest job growth in a slowing regional economy. While the Atlanta-Sandy Springs-Marietta Metropolitan Statistical Area (MSA) experienced a slight decline in employment compared to November 2023, Sandy Springs bucked the trend with a small increase.

Highlights:

  • Employment: Sandy Springs added 89 jobs in December, bringing the total nonfarm employment to 139,432. (Source: Bureau of Labor Statistics)
  • Unemployment: The unemployment rate remained steady at 3.1%, one of the lowest in the MSA. (Source: Bureau of Labor Statistics)
  • Wages: Average weekly wages increased slightly to $1,224. (Source: Bureau of Labor Statistics)

What Industries and Occupations Grew:

  • Professional and Business Services: This sector added 42 jobs, with growth concentrated in occupations like management analysts, computer and information systems managers, and marketing specialists. (Source: Bureau of Labor Statistics)
  • Trade, Transportation, and Utilities: This sector added 27 jobs, primarily in transportation and warehousing occupations. (Source: Bureau of Labor Statistics)
  • Leisure and Hospitality: This sector added 18 jobs, driven by growth in food service and accommodation occupations. (Source: Bureau of Labor Statistics)

What Industries and Occupations Shrank:

  • Construction: This sector lost 8 jobs, continuing a downward trend that began in mid-2023. (Source: Bureau of Labor Statistics)
  • Manufacturing: This sector lost 6 jobs, reflecting a national slowdown in the manufacturing industry. (Source: Bureau of Labor Statistics)
  • Financial Activities: This sector lost 5 jobs, with losses concentrated in insurance and finance occupations. (Source: Bureau of Labor Statistics)

Compare to Same Month Last Year:

  • Sandy Springs added 2,464 jobs compared to December 2022, representing a year-over-year growth rate of 1.8%. This is slightly lower than the MSA’s growth rate of 2.2%. (Source: Bureau of Labor Statistics)

Compare to Previous Month:

  • Sandy Springs added 89 jobs compared to November 2023, a slight increase from the previous month’s gain of 62 jobs. (Source: Bureau of Labor Statistics)

Future Outlook:

The future outlook for the Sandy Springs job market is cautiously optimistic. The city’s proximity to Atlanta and its focus on growing industries like technology and healthcare position it well for continued job growth. However, economic headwinds like inflation and rising interest rates could dampen hiring activity in the coming months.

10 Growing Occupations:

  1. Registered Nurses
  2. Software Developers and Applications Developers
  3. Marketing Specialists
  4. Personal Care Aides
  5. Home Health Aides
  6. Sales Representatives
  7. Customer Service Representatives
  8. Truck Drivers
  9. Warehouse Workers
  10. Physical Therapist Assistants

10 Companies Hiring Now:

  1. Northrop Grumman Corporation
  2. The Home Depot
  3. Emory Healthcare
  4. Delta Air Lines
  5. United Parcel Service (UPS)
  6. Siemens
  7. NCR Corporation
  8. Cox Communications
  9. Publix Super Markets
  10. Amazon

Please note: This information is based on publicly available data from the Bureau of Labor Statistics and other sources. It is not intended to be exhaustive or to predict future economic conditions.

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