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 Frankfort, IL.
In Frankfort, a variety of industries contribute to the city's thriving economy. Health care, education, technology, science, finance, and retail sectors all play significant roles in providing ample job opportunities for individuals seeking new career paths. With diverse options available, Frankfort presents an attractive destination for those looking to advance their professional lives in a flourishing environment.
The city presents a unique blend of employment opportunities in various sectors, with an average salary of $62,076. Although this figure is slightly lower by 10.33% than the national average, it is worth noting that around 73% of people have insurance coverage provided by their employers. The cost of living in this location is higher by 6.0%, but this is also reflected in the quality of life offered to residents. With an average commute time of 35.5 minutes, employees can conveniently balance work and personal commitments in the city.
In the city of Frankfort, IL, the local economy currently experiences an unemployment rate of 7.10%, which is above the national average of 3.8%. Despite this higher rate, the future job market growth in Frankfort is expected to be strong. This anticipated growth could lead to an increase in employment opportunities and contribute positively to the overall economic stability within the city.
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