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 Camden, NJ.
Camden stands out as a city with an emphasis on the health care and education sectors. Both of these critical industries contribute significantly to the overall economic growth and stability of the community. Health care providers in the area are dedicated to offering top-notch services, while educational institutions strive to equip their students with essential knowledge and skills for success. As a result, the city offers ample employment opportunities for individuals seeking careers in these vital fields. Overall, Camden is a reliable choice for jobseekers aiming to excel within the realms of health care or education.
In the city, employment prospects are impacted by several factors. The average salary is $60,855, which is 12.09% lower than the national average, making it more affordable for those considering a move. Additionally, the cost of living index indicates that the city's expenses are about 21.0% lower than average, providing financially sound opportunities for individuals seeking to establish themselves in a new location.
A significant portion of residents, around 21%, have the benefit of employer-sponsored insurance coverage, adding to the appeal of working in this area. However, commuters may want to take into account the average travel time of 27.5 minutes when evaluating potential job opportunities within the city's borders. In summary, the city presents a unique combination of lower-than-average salaries and decreased living expenses
In Camden, NJ, the local economy currently faces an above average unemployment rate of 14.40%, which is higher than the country's rate of 3.8%. Despite this challenge, the city anticipates moderate future job market growth. Jobseekers considering a move to Camden should be aware of these factors and remain optimistic about the possibilities for economic improvement in the area. A focus on fostering moderate growth will be essential for the development of the city's job market.