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 Budd Lake, NJ.
Budd Lake is a city with diverse industries providing various job opportunities to job seekers. Manufacturing, retail, and health care sectors have a significant presence in the area, offering various roles for people with different skills and expertise. The technology and science fields also contribute a considerable number of jobs, fostering innovation and development. Additionally, the transportation sector plays an essential role in the city's economy, connecting businesses and facilitating the movement of goods and services. With such a wide range of industries present, Budd Lake offers numerous career paths for individuals seeking new professional experiences.
The city offers a notably strong employment environment, with an average salary of $106,717, which is 54.16% above the national average. This can be attributed to a robust job market that provides opportunities for individuals across various sectors. A majority of the population, around 69%, receives insurance benefits from their employer, reflecting the stability and support available in the workforce. However, it is important to consider that the cost of living in this area is about 23.0% higher than average, which may influence one's decision when evaluating employment prospects. Additionally, residents typically experience a 33-minute commute, which is fairly standard for urban areas. Overall, the city offers promising career opportunities while maintaining a relatively reasonable quality of life.
In Budd Lake, NJ, the local economy currently experiences an unemployment rate of 6.20%, which is above the national average of 3.8%. Despite this higher than average unemployment rate, the job market in this New Jersey city is predicted to undergo steady growth in the future. This indicates that potential opportunities for jobseekers may continue to arise in Budd Lake's evolving employment landscape.
Surrounded by picturesque landscapes and recreational opportunities, Budd Lake is a great place to live and work. To find jobs in Budd Lake, use Joblift's advanced search and Job Coach tool, which will help match your skills and experience with the perfect job for you.