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, KY.
The city of Frankfort offers a diverse range of industries for jobseekers to explore. Public administration plays a significant role in the local economy, providing numerous opportunities for those interested in serving the community. Hospitality and retail sectors cater to both residents and visitors, ensuring a steady demand for skilled workers. Manufacturing thrives in this city as well, with various companies contributing to the production of goods. Lastly, educational institutions provide essential learning services, creating a need for dedicated professionals. Overall, Frankfort presents a promising landscape for individuals seeking employment in these key industries.
The city offers a range of employment opportunities for job seekers, with an average salary of $49,841, which is 28% below the national average. A noteworthy aspect of the local economy is that 49% of the workforce receives insurance coverage through their employer. The cost of living in this urban area is 21% lower than what is typically found across the nation, making it more affordable for residents. With an average commute time of just 17 minutes, employees in the city can enjoy a relatively short travel time to and from work.
The economy in Frankfort, KY currently faces an above average unemployment rate of 5.30%, indicating a higher number of individuals seeking jobs compared to the nation as a whole. Despite this challenge, the future job market growth for the city is anticipated to be strong, providing optimism for those searching for employment opportunities. With ongoing economic development and industry expansion, Frankfort's job market offers potential for increased career prospects over time.
Nestled along the Kentucky River, Frankfort offers a rich history and thriving job market. To find jobs in Frankfort, explore Joblift's extensive listings that cater to various skills and experiences, ensuring you land the perfect opportunity for career growth.