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 Coldwater, MI.
In Coldwater, the city's economic landscape consists of various industries that contribute to its growth and sustainability. Manufacturing plays a significant role in providing employment opportunities, while retail businesses offer diverse shopping experiences for residents and tourists alike. Health care is another essential sector, ensuring quality medical services are available for those in need. The hospitality industry caters to visitors by offering comfortable accommodations, and educational institutions serve as foundations for learning, skill development, and personal growth. Overall, Coldwater presents a well-rounded environment for professionals seeking new career paths across multiple sectors.
In this city, employment opportunities present unique characteristics. The average salary is approximately $44,664, which is 35.48% below the national average; however, the cost of living is 22% lower than average, making the financial aspect more manageable. With an average commute time of 16 minutes, residents can enjoy convenience when traveling to and from their workplaces. Additionally, 38% of individuals in the city receive insurance benefits through their employers, enhancing their overall job satisfaction. As a result, the city offers a distinctive mix of work-related factors for those seeking employment.
Coldwater, Michigan is a city with an unemployment rate of 5.00%, which is above the national average of 3.8%. Despite the higher unemployment rate, the future job market growth in Coldwater is predicted to be strong. A robust job market can benefit both businesses and residents, creating numerous opportunities for career advancement and economic stability. With the anticipated strong growth, Coldwater's local economy and job market are poised for continued development and success.
Searching for jobs in Coldwater, MI has never been easier with Joblift. Utilize our advanced search and Job Coach tool to find the perfect match for your skills and experience in this charming city.