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 Hope, AR.
Hope offers a diverse range of industries for job seekers to explore, with manufacturing, health care, hospitality, education, and construction being prominent sectors. Manufacturing in the city constitutes a strong foundation, while health care provides numerous opportunities for professionals seeking career growth. The hospitality sector caters to visitors and residents alike, ensuring a thriving industry. Education plays a vital role in shaping Hope's future workforce, offering various roles for educators and support staff. Lastly, the construction industry continues to develop the city's infrastructure, creating ample job prospects for those interested in building and maintaining structures. With these industries in mind, Hope proves to be a promising destination for those looking to advance their careers.
In the city, the average salary is $41,493, which is 40.06% below the national average. However, the cost of living is approximately 32.0% lower than the average, allowing residents to experience a more affordable lifestyle. The average commute time is 17.5 minutes, providing individuals with a relatively short travel duration for work. Furthermore, 35% of people receive insurance coverage from their employers, indicating a significant portion of employees benefit from job-related health plans in this location. Overall, the city offers a practical environment for those seeking employment opportunities and manageable living expenses.
The local economy in Hope, AR currently experiences an unemployment rate of 4.00%, which is above the national average of 3.8%. Despite this higher than average rate, it's important to note that the city's job market is expected to grow substantially in the coming years. This strong growth will offer various opportunities for jobseekers looking to establish themselves in the area. Overall, Hope, AR presents a solid prospect for those seeking new employment opportunities in a city with strong future job market growth.
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