West Valley City, UT – January 2024 Job Market Report – Positive Momentum Persists

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Overview

The January 2024 jobs report for West Valley City indicates continued growth in the local labor market. While specific data for West Valley City might not be available, broader Utah data paints a positive picture. The report highlights ongoing expansion in several sectors, alongside a stable unemployment rate.

Highlights

  • Utah’s unemployment rate remained steady at 2.3% in January 2024, indicating a tight labor market with low unemployment.
  • Job growth continues across various industries, suggesting a diversified and expanding economy.

What Industries and Occupations Grew

According to the Bureau of Labor Statistics (BLS) national data for January 2024, some of the fastest-growing occupations nationwide include healthcare support occupations, construction laborers, and solar panel installers. These trends are likely reflected, to an extent, in West Valley City as well.

What Industries and Occupations Shrunk

The January 2024 jobs report might not reveal specific industries experiencing decline in West Valley City. However, on a national level, BLS data suggests minor reductions in employment within the retail trade sector.

Compare to Same Month Last Year

Without access to city-specific data, a year-over-year comparison for West Valley City is unavailable. However, statewide Utah data can provide general insights. Utah’s unemployment rate in January 2023 was 2.8%, indicating a significant improvement in the labor market over the past year.

Compare to Previous Month

Similar to the year-over-year comparison, limitations in data access prevent a direct month-over-month analysis for West Valley City.

Future Outlook

The Utah economy is projected for continued growth in 2024. Sectors like construction, healthcare, and professional services are expected to see the most significant gains. This positive outlook bodes well for the West Valley City job market as well.

10 Growing Occupations (BLS.gov)

The BLS publishes a list of the fastest-growing occupations, which can be a valuable resource for job seekers. Here are 10 occupations with projected high growth through 2032:

  1. Home health and personal care aides
  2. Wind turbine service technicians
  3. Solar panel installers (roofers)
  4. Database administrators and data base architects
  5. Physician assistants
  6. Nurse practitioners
  7. Medical assistants
  8. Occupational therapists
  9. Speech-language pathologists
  10. Software developers, applications

10 Companies Hiring Now

Cited Resources