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 Beverly, MA.
Beverly is a city with thriving industries that cater to diverse sectors, such as health care, education, retail, technology, science, and manufacturing. The city's health care industry ensures residents receive top-notch medical services, while the education sector comprises renowned institutions for academic growth. Retail businesses in Beverly offer a wide range of products, catering to different preferences. Technology and science companies contribute to the city's innovation landscape, driving advancements in various fields. Lastly, the manufacturing industry supports economic stability by creating numerous job opportunities.
Employment in the city presents an appealing opportunity for jobseekers. With a cost of living that is 33.0% higher than the national average, it is important to take into consideration the salaries offered within the city. Fortunately, the average salary is $77,690, which is 12.22% above the national average, potentially making up for the increased cost of living. An added benefit for employees is that 56% of them are insured through their employer, providing some level of financial security. However, jobseekers should also be aware of the average commute time, as it stands at 29 minutes, which might affect work-life balance. Overall, the city seems to provide a favorable environment for those seeking employment opportunities.
The city of Beverly, MA currently experiences an unemployment rate of 5.7%, which is above the country's average of 3.8%. Despite this higher than average unemployment, the future job market growth in Beverly is predicted to be vigorous. With a diverse range of industries and opportunities available, this offers a promising outlook for those seeking employment in the area. A strong job market growth serves as a key component in fostering a stable and thriving economy for the community.
Looking for jobs in Beverly, MA? Utilize Joblift's advanced search and Job Coach tool to find the perfect match for your skills and experience in this beautiful city.