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 Hobbs, NM.
In Hobbs, a diverse range of industries contributes to the economic landscape of the city. With a strong presence in mining operations, retail establishments, and construction projects, job seekers can explore multiple sectors for opportunities. Health care facilities and hospitality services further enhance this variety, ensuring that individuals with various skill sets and interests will find suitable career prospects. This city's multifaceted economy fosters growth and stability, attracting talent from different backgrounds and experiences.
In the city, employment opportunities present a unique landscape for job seekers. With an average salary of $49,327, earnings are approximately 28.75% below the national average. However, this is offset by a cost of living that is about 21.0% lower than average, making it more affordable for residents. A notable 43% of people in the city are insured by their employer, reflecting a significant level of job security and benefits coverage. Additionally, the average commute time to work is 22.5 minutes, striking a balance between accessibility and urban density.
In Hobbs, NM, the local economy currently experiences an unemployment rate of 12.10%, which is above the national average of 3.8%. Despite this higher than average unemployment figure, the city's future job market growth is anticipated to remain steady. As a result, individuals seeking employment in Hobbs may find opportunities within various industries and sectors, contributing to the overall stability of the region's job market.
Hobbs offers a thriving job market with opportunities for professionals seeking employment. To find jobs in Hobbs, utilize Joblift to efficiently search and match your skills and experience to the ideal job opportunities in the city.