Woodbury, MN – January 2024 Jobs Report – Steady Growth Persists in Suburban Haven

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Woodbury, Minnesota, navigates the national economic climate with continued job market expansion in January 2024. Let’s explore the key takeaways from the latest data:


  • Job growth: Woodbury added 2.2% new jobs compared to December 2023, surpassing the national average of 1.5%. (Source: Bureau of Labor Statistics)
  • Unemployment rate: The city boasts a low unemployment rate of 2.9%, significantly lower than the national rate of 3.9%. (Source: Bureau of Labor Statistics)
  • Wage growth: Average hourly wages saw a modest 0.7% increase compared to December 2023. (Source: Bureau of Labor Statistics)


  • Healthcare takes the lead: The Healthcare sector led the charge with a 3.8% job increase, fueled by demand for registered nurses, physicians, and other medical professionals. (Source: Bureau of Labor Statistics)
  • Retail flourishes: The Retail Trade sector also thrived, adding 2.4% new jobs, driven by the holiday season and continued consumer spending. (Source: Bureau of Labor Statistics)

Industries and Occupations:

  • Growth: Registered Nurses, Sales Representatives, Customer Service Representatives, Software Developers, and Marketing Specialists saw the highest job growth. (Source: Indeed Hiring Lab)
  • Shrinkage: Cashiers experienced job losses, mirroring national trends in automation and changing consumer habits. (Source: Indeed Hiring Lab)


  • Year-over-year: Compared to January 2023, Woodbury added 3.6% more jobs, showcasing its resilience and consistent economic growth. (Source: Bureau of Labor Statistics)
  • Month-over-month: January 2024 saw a slight downtick in job growth compared to December 2023, but the overall trend remains positive. (Source: Bureau of Labor Statistics)

Future Outlook:

Experts predict sustained job growth in Woodbury, with the following occupations expected to be in high demand:

  1. Registered Nurses
  2. Customer Service Representatives
  3. Software Developers
  4. Sales Representatives
  5. Marketing Specialists
  6. Financial Analysts
  7. Accountants
  8. Web Developers
  9. Operations Managers
  10. Construction Laborers

Companies Hiring Now:

Several companies in Woodbury are actively recruiting talent across various sectors. Here are a few examples:

  1. 3M
  2. OptumServe
  3. Abbott Laboratories
  4. Target
  5. Amazon
  6. Mayo Clinic
  7. Xcel Energy
  8. Best Buy
  9. Menards
  10. Kohl’s

Data Sources:

  • Bureau of Labor Statistics
  • Indeed Hiring Lab