January 2024 saw Sandy Springs defy the slight slowdown in the Atlanta-Sandy Springs-Marietta Metropolitan Statistical Area (MSA), experiencing modest job growth. This resilience points to the city’s economic strengths, particularly in specific sectors.
Highlights:
- Job growth: Sandy Springs added jobs in January compared to December 2023, bucking the trend of the broader MSA.
- Unemployment rate: The unemployment rate remained stable, indicating no significant shifts in the labor market.
- Key sectors: Growth was observed in industries like healthcare, professional and business services, and leisure and hospitality.
What Industries and Occupations Grew:
- Healthcare: Hospitals, clinics, and other healthcare providers continued to expand, adding jobs in roles like nurses, medical assistants, and therapists.
- Professional and business services: This sector saw growth in areas like management consulting, financial services, and IT support. Occupations in demand included business analysts, financial advisors, and software developers.
- Leisure and hospitality: Restaurants, hotels, and entertainment venues added jobs, particularly in positions like servers, bartenders, and customer service representatives.
What Industries and Occupations Shrank:
- Manufacturing: The manufacturing sector continued to experience job losses, primarily in production and assembly positions.
- Retail: Some retail businesses saw a decline in employment, mainly impacting sales associates and cashiers.
Compare to Same Month Last Year:
- Compared to January 2023, Sandy Springs witnessed slower job growth in January 2024. However, the overall trend remains positive with employment levels exceeding pre-pandemic figures.
Compare to Previous Month:
- As mentioned earlier, January 2024 saw modest job growth compared to December 2023, highlighting the city’s resilience in a slightly slowing regional economy.
Future Outlook:
- The future outlook for Sandy Springs’ job market appears cautious but optimistic. Continued growth is expected in healthcare, professional services, and technology sectors, while manufacturing and retail might face headwinds.
10 Growing Occupations:
- Registered Nurse
- Software Developer
- Physician Assistant
- Marketing Manager
- Financial Advisor
- Customer Service Representative
- Management Consultant
- Business Analyst
- Analyst (various specializations)
- Truck Driver
10 Companies Hiring Now:
- Northside Hospital
- Delta Air Lines
- The Home Depot
- Publix Super Markets
- United Parcel Service (UPS)
- Kaiser Permanente
- Wellstar Health System
- Cigna
- Bank of America
- ADP
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