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 Hoboken, NJ.
In Hoboken, a diverse range of industries contribute to the city's thriving economy. Technology and science sectors play a significant role in offering cutting-edge innovations and research opportunities. Finance is also prominent, providing financial services and expertise to businesses and individuals alike. Education remains a key industry, nurturing intellectual growth and development for students at various levels. Retail offers residents and tourists access to an array of shopping experiences, catering to different tastes and preferences. Lastly, the information sector contributes valuable data management and dissemination services, empowering decision-making and knowledge sharing across all industries in the city.
The city presents an attractive landscape for jobseekers, given its employment prospects and relevant living factors. With an average salary of $72,979, which is 5.42% above the national average, this municipality offers competitive income opportunities. However, it's important to consider that the cost of living in this urban center is about 61.0% higher than the average. In terms of employment benefits, a notable 78% of individuals are provided with insurance coverage through their employers. Lastly, potential residents should take into account that the typical commute time is approximately 39 minutes, making daily transportation an essential aspect to plan for when evaluating career options in the city.
In Hoboken, NJ, the local economy currently experiences an unemployment rate of 4.20%, which is above the national average. Despite this higher than average unemployment figure, the city's future job market growth is projected to be strong. This indicates that employment opportunities in Hoboken will likely increase over time as the city continues to develop and expand its industries. Jobseekers can anticipate a thriving job market in the coming years with an emphasis on strong economic growth.
Hoboken is a lively city with numerous employment opportunities for people of all skill sets. To find jobs in Hoboken, make use of Joblift's advanced search and Job Coach tool to ensure a perfect match for your skills and experience.