Good morning, this is Charlotte Local Pulse for Monday, December 30, 2024.
We're starting off the week with a look at the city's booming job market. Charlotte's tech industry is on fire, with a 21.3% increase in tech employment from 2021 to 2022. Major companies like Bank of America, Microsoft, and Lowe's are driving this growth, and we're seeing a surge in demand for professionals with skills in Python, Java, JavaScript, AWS, and cybersecurity. Software developers are especially in high demand, with average salaries of around $108,000. Over 18,000 new tech roles are projected by 2029, making Charlotte an attractive destination for skilled tech professionals[1][3].
In other job market news, we're seeing a steady pace of hiring, with employment expected to expand by 1.1% in 2024, adding around 15,000 workers. The financial sector remains robust, with companies like Wells Fargo and JP Morgan Chase expanding their presence in the city. The life sciences industry is also growing, with a 72% increase between 2010 and 2019, driven by developments like the Pearl District innovation hub[3].
Moving on to real estate, we don't have any major updates on notable property sales or new development projects today. However, we do know that the city's growing population and the attraction of workers from surrounding counties and South Carolina are influencing commuting trends and housing demand[3].
From city hall, we have a reminder about solid waste services. Garbage, recycling, yard waste, and bulky waste will be collected on the regular schedule the week of January 1. Also, be on the lookout for a parking scam targeting residents involving the city's on-street parking program, Park It[4].
Weather-wise, it's a chilly morning in Charlotte, but we're expecting a mostly sunny day with temperatures in the mid-50s. No significant weather impacts are expected on today's activities and events.
In new business activity, we don't have any major openings or closings to report today. However, we do know that the city is attracting new investments, such as JP Morgan Chase's plans to expand its presence, adding more than 200 workers and 24,000 square feet of office space[3].
Looking ahead to community events, we don't have any major events scheduled for the next few days. However, we do encourage you to check out local listings for holiday events and activities.
In local school achievements, we don't have any specific updates today, but we're always proud to highlight the accomplishments of our local students and athletes.
On a feel-good note, we want to remind everyone about the importance of community spirit and helping those in need, especially during the holiday season.
Finally, in today's crime report, we have a warning about a parking scam, but no other significant incidents or arrests to report from the past 24 hours. The city is urging residents to be vigilant and report any suspicious activity[4].
This has been Charlotte Local Pulse. We'll see you tomorrow with more local updates.