diff --git a/poetry.lock b/poetry.lock
index 7df0302db..530e6f9f0 100644
--- a/poetry.lock
+++ b/poetry.lock
@@ -1,4 +1,4 @@
-# This file is automatically @generated by Poetry 1.7.1 and should not be changed by hand.
+# This file is automatically @generated by Poetry 1.8.2 and should not be changed by hand.
 
 [[package]]
 name = "alabaster"
@@ -2657,4 +2657,4 @@ testing = ["pytest", "pytest-durations"]
 [metadata]
 lock-version = "2.0"
 python-versions = ">=3.8"
-content-hash = "4c2cc0f85f1bd854517f49d9f00e91b835cd82ee8e63b622a9badb88190221bd"
+content-hash = "4afdf3fbd98e69831df97c9fc38204cf9a1064c8b64008560e7f2ddfb15a6330"
diff --git a/pyproject.toml b/pyproject.toml
index e812c18a9..7d98f01d5 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -47,7 +47,7 @@ fs = ">=2.4.16"
 importlib-metadata = {version = "<8.0.0", python = "<3.12"}
 importlib-resources = {version = ">=5.12.0", python = "<3.9"}
 inflection = ">=0.5.1"
-joblib = ">=1.0.1"
+joblib = ">=1.3.0"
 jsonpath-ng = ">=1.5.3"
 jsonschema = ">=4.16.0"
 packaging = ">=23.1"
diff --git a/singer_sdk/target_base.py b/singer_sdk/target_base.py
index 3c0d37234..418d7f12c 100644
--- a/singer_sdk/target_base.py
+++ b/singer_sdk/target_base.py
@@ -10,7 +10,7 @@
 import typing as t
 
 import click
-from joblib import Parallel, delayed, parallel_backend
+from joblib import Parallel, delayed, parallel_config
 
 from singer_sdk.exceptions import RecordsWithoutSchemaException
 from singer_sdk.helpers._batch import BaseBatchFileEncoding
@@ -521,7 +521,7 @@ def _drain_all(self, sink_list: list[Sink], parallelism: int) -> None:
         def _drain_sink(sink: Sink) -> None:
             self.drain_one(sink)
 
-        with parallel_backend("threading", n_jobs=parallelism):
+        with parallel_config(backend="threading", n_jobs=parallelism):
             Parallel()(delayed(_drain_sink)(sink=sink) for sink in sink_list)
 
     def _write_state_message(self, state: dict) -> None: