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 Bloomington, MN.
Bloomington offers a healthy economic environment with a range of industries that contribute to its growth and development. Health care, retail, and manufacturing form the backbone of the city's economy, providing numerous job opportunities for residents. The technology and science sectors are also present, with innovative companies making significant strides in research and development. Additionally, the hospitality industry plays a vital role in welcoming visitors and supporting local businesses. This variety of industries ensures a stable and sustainable future for Bloomington.
In the city, employment opportunities are favorable with an average salary of $85,327, which is 23.26% above the national average. This promising landscape may be attributed to the fact that 56% of individuals in the area hold insurance through their employer. Additionally, the typical commute time stands at a manageable 22.5 minutes. Offering potential for growth and achievement, the city remains an attractive destination for jobseekers exploring new horizons.
The city of Bloomington, MN has an unemployment rate of 4.60%, which is above the national average of 3.8%. Despite this higher rate of joblessness, the future job market growth in Bloomington is anticipated to be strong. This indicates that the city's economy is growing and offers opportunities for jobseekers in various sectors. The strong job market growth serves as a positive indicator of Bloomington's economic resilience and potential for development.
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