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 Franklin Lakes, NJ.
Franklin Lakes is a city that offers diverse employment opportunities across various industries, such as health care, technology, science, retail, trade, and finance. The city's thriving job market caters to professionals seeking growth and development in their respective fields. With a strong emphasis on clarity and precision, the businesses within these sectors contribute significantly to the local economy. By providing an array of career prospects, Franklin Lakes continues to be an attractive destination for jobseekers looking for a dynamic and progressive environment.
The city presents an intriguing opportunity for employment, offering a unique combination of factors that make it worth considering for jobseekers. With an average salary of $97,713, which is 41.15% above the national average, this metropolitan area provides competitive wages to its workforce. Additionally, approximately 67% of individuals in the city are insured by their employer, demonstrating a commitment to employee well-being. However, it should be noted that the cost of living is about 91.0% higher than average, indicating that potential residents must take into account these expenses when evaluating opportunities. Despite this, the city's relatively lengthy average commute time of 34.5 minutes may be manageable for those seeking new professional ventures in this urban environment. Overall, the city offers an interesting mix of factors for
The economy in Franklin Lakes, NJ currently experiences a higher than average unemployment rate at 7.40%. Despite this challenge, the city's job market is anticipated to witness strong growth in the future. Jobseekers considering Franklin Lakes as a destination for employment should remain optimistic about the prospects of finding suitable opportunities in the evolving job market.
Franklin Lakes is home to thriving businesses and industries that provide a range of employment opportunities. To find the perfect job for your skills and experience in Franklin Lakes, NJ, utilize Joblift's advanced search and Job Coach tool to make the process seamless and tailored to your preferences.