The Tyler, TX job market ended 2023 on a positive note, adding jobs and boasting a low unemployment rate. This report summarizes key takeaways from the latest data.
Overview:
- Total nonfarm jobs: Increased by 0.7% from November 2023, reaching 115,300.
- Unemployment rate: Held steady at 3.3%, remaining below the national average.
- Job growth: Primarily driven by gains in the service sector.
Highlights:
- The December 2023 unemployment rate in Tyler is the lowest recorded since the data series began in 2000.
- Trade, transportation, and utilities added the most new jobs, followed by professional and business services.
- Leisure and hospitality, along with construction, saw slight employment declines.
Industry and Occupation Growth:
- Trade, transportation, and utilities: Added 500 jobs, with growth in transportation and warehousing.
- Professional and business services: Gained 400 jobs, including positions in administrative and support services.
- Education and health services: Increased by 300 jobs, mostly in healthcare support occupations.
- Manufacturing: Remained stable, holding onto its December 2022 total.
Industry and Occupation Shrinkage:
- Leisure and hospitality: Lost 100 jobs, primarily in food services and accommodation.
- Construction: Declined by 50 jobs, mainly in specialty trades.
Comparison to Same Month Last Year:
- Total nonfarm jobs increased by 1.5% compared to December 2022.
- The unemployment rate was 0.8 percentage points lower than a year ago.
Comparison to Previous Month:
- Nonfarm employment rose slightly from November 2023.
- The unemployment rate remained unchanged.
Future Outlook:
- The Tyler job market is expected to continue growing in 2024, with the service sector leading the way.
- Healthcare, professional and business services, and transportation are projected to add new jobs.
10 Growing Occupations:
- Registered nurses
- Home health aides and personal care aides
- Retail salespeople
- Truck drivers
- Software developers and computer programmers
- Customer service representatives
- Marketing specialists
- Elementary and middle school teachers
- Janitors and cleaners
- Medical assistants
10 Companies Hiring Now:
- Christus Trinity Mother Frances Health System
- Brookshire Grocery Company
- Tyler ISD
- The Home Depot
- Walmart
- Whataburger
- Lowe’s
- City of Tyler
- UT Tyler
- Dollar General
Resources: