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 Boston, MA.
Boston is well-known for its thriving industries which contribute significantly to the city's economic growth. Education, biotechnology, tourism, and financial services are some of the key sectors that provide numerous job opportunities for both locals and newcomers alike. Among these industries, education plays a central role in shaping the future workforce, while biotechnology works tirelessly to innovate and improve the quality of life. Tourists flock to Boston to experience its rich history and culture, boosting the economy in the process. Lastly, the financial services sector ensures efficient management of resources, paving the way for further expansion and success within this remarkable city.
The city presents a glowing picture of employment opportunities, with 54% of employees benefitting from insurance provided by their employers. With an average salary of $69,889, the city maintains a competitive edge in terms of compensation. While the cost of living is about 53.0% higher than average, it reflects the high quality of life offered to residents. The average commute time of 30.5 minutes showcases an effective transportation system, contributing to a well-balanced work-life environment.
In Boston, MA, the local economy currently experiences an unemployment rate of 6.20%, which is above the national average of 3.8%. However, the city's job market is forecasted to see very strong growth in the future. This positive outlook for employment opportunities in Boston signifies a promising environment for those seeking work. With such strong job market growth on the horizon, Boston continues to demonstrate its resilience and adaptability as a thriving economic hub.
Explore a world of opportunities with jobs in Boston using Joblift's advanced search and Job Coach tool, designed to help match your skills and experience with the perfect job. With our AI-driven platform, finding the right role in this thriving city is just a few clicks away.