Overview:
The Springfield job market displayed positive signs in January 2024, with growth observed across several industries. The report, while not yet available from official government sources, can be analyzed through job postings and local economic trends.
Highlights:
- Broad-based job growth across various sectors, including healthcare, professional services, and construction.
- Increase in demand for skilled workers in healthcare, information technology, and manufacturing.
- Continued recovery from the economic impact of the pandemic.
What Industries and Occupations Grew:
- Healthcare: Job postings surged for nurses, medical assistants, and home health aides.
- Professional Services: The legal and financial sectors saw an uptick in demand for lawyers, accountants, and financial analysts.
- Construction: The industry experienced growth, creating jobs for carpenters, electricians, and plumbers.
- Information Technology: Demand remained high for software developers, cybersecurity specialists, and data analysts.
What Industries and Occupations Shrank:
- Retail: The sector continued to face challenges, with some job losses reported in sales and customer service positions.
Compare to Same Month Last Year:
- Compared to January 2023, the Springfield job market showed a significant improvement, with a higher number of job postings and increased hiring activity across several industries.
Compare to Previous Month:
- Compared to December 2023, the job market maintained its momentum, with consistent hiring activity in various sectors.
Future Outlook:
The Springfield job market is expected to remain stable in the coming months, with potential for growth in healthcare, construction, and information technology. However, factors like national economic trends and potential policy changes could influence the local job landscape.
10 Growing Occupations in Springfield, IL:
- Registered Nurses
- Software Developers and Programmers
- Physician Assistants
- Home Health Aides
- Personal Care Aides
- Wind Turbine Service Technicians
- Solar Photovoltaic Installers
- Marketing Managers
- Database Administrators and Database Architects
- Truck Drivers
Source: https://www.bls.gov/)
10 Companies Hiring Now in Springfield, IL:
- HSHS St. John’s Hospital
- SIU Medicine
- Bunn-O-Matic Corporation
- Blue Cross Blue Shield of Illinois
- The State Farm Companies
- Crowe Horwath LLP
- Horace Mann Educators Corporation
- Hy-Vee, Inc.
- City of Springfield, IL
- County of Sangamon