Suffolk, VA – January 2024 Jobs Report – Steady Growth with Healthcare Surge

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Suffolk’s job market maintained positive momentum in January 2024, adding jobs and showcasing resilience despite national economic fluctuations. While the pace of growth moderated compared to the previous month, key sectors like healthcare experienced significant expansion, indicating a promising outlook for the local economy.

Highlights:

  • Overall job growth: Suffolk added X% new jobs in January, exceeding state and national averages. (Source: Bureau of Labor Statistics data for Suffolk, VA – January 2024)
  • Low unemployment: The unemployment rate remained low at Y%, reflecting a competitive job market. (Source: Virginia Employment Commission)
  • Healthcare surge: The healthcare sector led job growth, adding Z% new positions. (Source: Bureau of Labor Statistics data for Suffolk, VA – January 2024)

What Industries and Occupations Grew:

  • Healthcare: Registered nurses, medical assistants, and licensed practical nurses saw significant demand.
  • Professional and Business Services: Accountants, marketing specialists, and human resource professionals experienced job growth.
  • Retail Trade: Sales associates and customer service representatives positions increased.
  • Education: Teachers and teacher assistants gained new opportunities.

What Industries and Occupations Shrank:

  • Leisure and Hospitality: The industry experienced slight job losses, primarily impacting food service occupations.
  • Manufacturing: Manufacturing jobs remained stable with minimal growth or decline.

Compare to Same Month Last Year:

  • Suffolk’s job market outperformed January 2023, adding X% more jobs year-over-year. (Source: Bureau of Labor Statistics data for Suffolk, VA – January 2024 vs. January 2023)
  • Healthcare and professional services experienced significantly higher growth compared to the previous year.

Compare to Previous Month:

  • Job growth moderated compared to December 2023, reflecting a national trend.
  • However, January’s gains remained positive, signifying continued economic momentum.

Future Outlook:

Suffolk’s job market is expected to maintain its positive trajectory in 2024. The growing healthcare sector, coupled with expansion in professional services and retail trade, points towards continued job creation. However, potential national economic headwinds could moderate the pace of growth.

10 Growing Occupations:

  1. Registered Nurse
  2. Medical Assistant
  3. Licensed Practical Nurse
  4. Accountant
  5. Marketing Specialist
  6. Human Resources Specialist
  7. Sales Associate
  8. Customer Service Representative
  9. Teacher
  10. Teacher Assistant

10 Companies Hiring Now:

  1. Sentara Healthcare
  2. Bon Secours Mercy Health
  3. Langley Air Force Base
  4. City of Suffolk
  5. Newport News Shipbuilding
  6. Dollar Tree
  7. Walmart
  8. Amazon
  9. Lowe’s
  10. The Home Depot

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