Vacaville, CA – December 2023 Jobs Report – Diversified Growth Fuels Local Economy

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December 2023 delivered positive news for the Vacaville job market, showcasing broad-based job gains across various sectors and a stable unemployment rate of 4.2%. While some industries experienced minor fluctuations, the overall trend indicates a resilient and expanding economy.

Highlights:

  • Unemployment rate remained steady at 4.2%, signifying a balanced job market for both job seekers and employers.
  • Professional and Business Services witnessed the most significant job growth, adding 63 new positions compared to November 2023.
  • Leisure and Hospitality and Trade, Transportation, and Utilities also saw job gains, adding 21 and 18 positions, respectively.
  • Manufacturing and Information sectors remained stable with negligible changes in employment.

What Industries and Occupations Grew:

  • Professional and Business Services: This sector led the charge in job creation, with positions in management, administrative, and technical occupations seeing the highest demand.
  • Leisure and Hospitality: Growth was observed in food service and accommodation industries.
  • Trade, Transportation, and Utilities: Jobs in transportation and warehousing experienced an uptick.
  • Other growing occupations: Registered nurses, customer service representatives, software developers, and truck drivers continued to be in high demand.

What Industries and Occupations Shrank:

  • No major industries reported significant job losses.
  • Minor declines were observed in Financial Activities and Construction.

Compare to Same Month Last Year:

  • Unemployment rate in December 2023 (4.2%) was lower than December 2022 (4.6%).
  • Overall nonfarm employment increased by 1.5% year-over-year.
  • Professional and Business Services added 127 jobs compared to December 2022.
  • Leisure and Hospitality gained 81 jobs year-over-year.

Compare to Previous Month:

  • Unemployment rate remained unchanged from November 2023.
  • Nonfarm employment increased slightly by 0.2% compared to November.
  • Professional and Business Services again led in monthly growth, adding 63 jobs.
  • Leisure and Hospitality saw an increase of 21 positions compared to November.

Future Outlook:

The Vacaville job market is expected to maintain its positive trajectory in the coming months. Growth is anticipated in healthcare, professional services, and trade sectors. The stable unemployment rate suggests a competitive but balanced job market for both employers and job seekers.

10 Growing Occupations in Vacaville, CA:

  1. Registered Nurses
  2. Customer Service Representatives
  3. Software Developers and Software Quality Assurance Analysts
  4. Truck Drivers
  5. Marketing Specialists
  6. Accountants and Auditors
  7. Financial Analysts
  8. Elementary and Middle School Teachers
  9. Physician Assistants
  10. General and Operations Managers

10 Companies Hiring Now in Vacaville, CA (as of February 2, 2024):

  1. Kaiser Permanente
  2. Raley’s Supermarkets
  3. Home Depot
  4. NorthBay Healthcare
  5. Walmart
  6. Amazon
  7. Costco Wholesale
  8. Travis Air Force Base
  9. City of Vacacille
  10. Leggett & Platt

Resources:

  • Bureau of Labor Statistics – San Francisco-Oakland-San Jose, CA Metropolitan Statistical Area 
  • City of Vacaville
  • Indeed
  • Glassdoor