With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Albert Lea, MN.
Albert Lea is a city with diverse industries that offer various job opportunities for its residents. The manufacturing sector plays a significant role in the local economy, providing numerous employment options. Health care is another prominent industry in the city, ensuring residents have access to quality medical services and careers for healthcare professionals. Retail businesses also contribute to the economic landscape, offering a range of products and services to the community. Hospitality establishments cater to both locals and visitors alike, creating jobs in hotels, restaurants, and other service providers. Lastly, education continues to be an essential factor in the city, as schools and educational institutions employ teachers and support staff to provide valuable learning experiences to students.
In the city, individuals seeking employment opportunities can expect an average salary of $54,481, which is 21.30% below the nation's norm. However, this lower-than-average income is offset by a cost of living that is approximately 29% lower than what is typically experienced across the country. With a moderate commute time of 17.5 minutes, jobseekers may appreciate the work-life balance offered in this location. Additionally, about 41% of people benefit from employer-provided insurance, further enhancing the appeal of employment in the city.
In Albert Lea, MN, the local job market currently has an unemployment rate of 4.5%, which is above the national average of 3.8%. Despite this higher than average unemployment rate, the city is expected to see steady future job market growth. This indicates that there may be potential for new opportunities and a stable environment for job seekers in the area. With its steady growth prospects, Albert Lea's economy offers a reliable foundation for those looking to enter or advance within the workforce.
Surrounded by picturesque lakes and rich history, Albert Lea is a great place to grow professionally. To find jobs in Albert Lea, use Joblift—an advanced search platform that matches your skills and experience with the perfect opportunity.