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 Caldwell, NJ.
Caldwell is a city with a diverse range of thriving industries that contribute to its economic growth. In the realm of education, several institutions provide ample opportunities for learning and skill development. Advancements in technology and science play a significant role in driving innovation and progress within the area. Health care services ensure the well-being of the community, while manufacturing plants and retail establishments create numerous employment prospects. With such an abundant mix of sectors, Caldwell presents itself as an ideal destination for job seekers looking to establish themselves in a supportive and dynamic environment.
In the city, employment opportunities present a promising outlook for job seekers. With an average salary of $75,312, the city stands at 8.79% above the national average, reflecting a higher earning potential for its workforce. A notable 65% of people benefit from employer-provided insurance coverage, enhancing their overall financial security. However, it is important to consider the cost of living, which is approximately 41% higher than the national median, potentially impacting the affordability of residing in this urban area. Additionally, employees typically experience a commute time of 27.5 minutes, a factor worth evaluating when contemplating relocation.
Caldwell, NJ is a city with an unemployment rate of 9.60%, which is above the country's average of 3.8%. Despite this higher rate of unemployment, it is essential to note that the future job market growth in Caldwell is expected to remain steady. This indicates that the local economy and job market are continually adapting and evolving to accommodate its residents' needs. As such, Caldwell stands as a city that offers opportunities for employment while maintaining a steady pace of economic progress.
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