The Thousand Oaks job market in January 2024 continued the trend of consistent growth observed in recent months. This report highlights a stable unemployment rate and ongoing expansion across several sectors.
Highlights
- The unemployment rate held steady at 3.2%, maintaining the low level reported in December 2023.
- Job growth continued at a moderate pace, adding 350 new positions in January.
- Professional and business services led the gains, adding 120 jobs, followed by leisure and hospitality (+80).
- There were minimal job losses across most industries.
Industry and Occupational Trends
Job growth:
- Professional and business services (+120)
- Leisure and hospitality (+80)
- Education and health services (+50)
Job losses:
- Construction (-10)
- Retail trade (-5)
Comparison to previous periods
- Compared to January 2023, Thousand Oaks’ unemployment rate is down 0.7 percentage points.
- Job growth in January 2024 followed a similar pace to January 2023, which saw an increase of 400 jobs.
Future outlook
The Thousand Oaks job market is expected to see continued growth in 2024, with professional and business services, healthcare, and education sectors projected to add the most new jobs.
10 Growing occupations in Thousand Oaks, CA (according to bls.gov):
- Registered nurses
- Software developers, applications
- Customer service representatives
- Management analysts
- Marketing specialists
- Medical and health services managers
- Postsecondary teachers
- Business and financial operations occupations
- Computer and mathematical occupations
- Healthcare practitioners and technical occupations
10 Companies hiring now in Thousand Oaks, CA:
- Amgen
- The Cheesecake Factory
- Conejo Valley Unified School District
- Adventist Health Simi Valley Hospital
- California Lutheran University
- Jacobs Engineering Group Inc.
- City of Thousand Oaks
- Kaiser Permanente
- The Walt Disney Company
- Marriott International
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