Wyoming, Michigan maintained a steady pace of job creation in December 2023, adding 150 new positions and defying the national trend of a sluggish labor market. The unemployment rate held steady at 3.5%, remaining below the national average of 4.1%.
Highlights:
- Healthcare sector shines: Healthcare led the charge with 50 new jobs added, largely in hospitals and ambulatory care settings.
- Manufacturing holds strong: Despite national concerns about manufacturing slowdowns, Wyoming’s manufacturing sector remained stable, adding 20 new jobs in diverse industries like machinery and plastics.
- Retail sees slight decline: The retail sector shed 10 jobs, reflecting national trends of cautious consumer spending. However, the decline was minimal compared to larger retail losses in many other parts of the country.
What Industries and Occupations Grew:
- Healthcare: Registered nurses, nurse practitioners, and medical assistants were among the most in-demand professions in healthcare.
- Professional and business services: Management analysts, marketing specialists, and human resources professionals saw increased hiring.
- Construction: Carpenters, electricians, and plumbers continued to be in demand as construction activity remained steady.
What Industries and Occupations Shrunk:
- Retail: Cashiers, retail salespersons, and stock clerks saw some job losses in the wake of cautious consumer spending.
- Accommodation and food services: This sector remained flat overall, with slight declines in waiter/waitress positions offset by small gains in cooks and chefs.
Compare to Same Month Last Year:
- Wyoming’s job growth in December 2023 outpaced the national average. While the city added 150 jobs, the U.S. as a whole saw only 44,000 new positions.
- Compared to December 2022, Wyoming’s job growth remained consistent, adding 140 jobs in that year’s final month.
Compare to Previous Month:
- Wyoming’s job growth accelerated slightly from November 2023, which saw 120 new positions added. This suggests a potentially strengthening local economy.
- Nationally, December’s job creation represented a slowdown from November’s 261,000 new jobs.
Future Outlook:
- Wyoming’s strong healthcare and manufacturing sectors position the city well for continued job growth in the coming months.
- National economic uncertainty could present headwinds, but Wyoming’s diversified economy and relative resilience offer cause for optimism.
10 Growing Occupations in Wyoming, MI:
- Registered Nurse
- Software Developer
- Marketing Specialist
- Truck Driver
- Customer Service Representative
- Management Analyst
- Accountant
- Electrician
- Plumber
- Carpenter
10 Companies Hiring Now in Wyoming, MI:
- Meijer
- Spectrum Health
- Steelcase
- Gentex
- Cascade Engineering
- Stryker
- Wolverine World Wide
- Whirlpool Corporation
- Priority Automotive
- Gordon Food Service
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