St. George, UT – January 2024 Jobs Report – Booming Growth Continues

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St. George’s job market maintained its positive momentum in January 2024, mirroring the state’s strong economic performance. The unemployment rate remained low at 2.7%, matching the state average, while job gains were evident across several industries.

Highlights:

  • Job growth: Over 3,000 new jobs were added since June 2023, with a total of 86,635 people employed in Washington County.
  • Top performing sectors: Leisure & hospitality (10,000 new jobs), education & health services (8,500), construction (3,600), and information technology (2,800) witnessed significant growth.
  • Low unemployment: The 2.7% unemployment rate signifies a tight labor market and continued demand for skilled workers.

Industry and Occupation Growth:

  • Growth industries: Hospitality, healthcare, construction, and tech saw major job gains, indicating a robust tourism sector, growing healthcare needs, and expanding tech presence.
  • Growth occupations: Registered nurses, customer service representatives, construction laborers, software developers, and sales representatives were among the fastest-growing occupations.

Industry and Occupation Shrinkage:

  • Shrinking industries: Trade, transportation, and utilities lost some jobs, potentially due to automation and changing consumer preferences.
  • Shrinking occupations: Cashiers, retail salespersons, and truck drivers experienced job losses, reflecting trends in automation and e-commerce.

Comparison to Last Year:

  • Year-over-year: Compared to January 2023, St. George added over 8,000 jobs, representing a significant increase and mirroring the state’s strong economic growth.
  • Sector comparison: Leisure & hospitality and healthcare continued to be major drivers of job growth, similar to the national trend.

Comparison to Previous Month:

  • Month-over-month: Job growth slowed slightly compared to December 2023, but the overall trend remains positive.
  • Seasonal fluctuations: Some seasonal adjustments might be present, as tourism tends to peak in warmer months.

Future Outlook:

  • Positive outlook: Experts anticipate continued job growth in 2024, driven by tourism, a growing population, and expanding industries like healthcare and construction.
  • Challenges: Finding qualified workers and managing housing affordability are potential challenges the region might face.

Top 10 Growing Occupations:

  1. Registered Nurses
  2. Customer Service Representatives
  3. Construction Laborers
  4. Software Developers and Applications Developers
  5. Sales Representatives
  6. Personal Care Aides
  7. Home Health Aides
  8. Heavy and Tractor-Trailer Truck Drivers
  9. Elementary and Middle School Teachers
  10. Chefs and Head Cooks

10 Companies Hiring Now:

  1. Intermountain Healthcare
  2. The Washington School District
  3. Zion National Park
  4. City of St. George
  5. Dixie State University
  6. IHC Dixie Regional Medical Center
  7. Ashley Furniture
  8. Home Depot
  9. Lowe’s
  10. Walmart

Resources:

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