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 Lake Forest, IL.
Lake Forest features a diverse range of industries, providing ample job opportunities for seekers in various fields. The city is home to thriving technology and science sectors, attracting innovative minds from all over. Finance and health care also play crucial roles in the local economy, offering stability and growth potential for professionals. Additionally, manufacturing and education sectors contribute significantly to the employment landscape, creating a well-rounded environment for career development. Overall, Lake Forest offers an ideal setting for individuals seeking to advance professionally across multiple industries.
In the city, employment opportunities appear quite favorable for jobseekers. With an average salary of $87,952, earnings are significantly higher at 27.05% above the national average. A majority of the population, approximately 62%, receive insurance benefits through their employer. However, it is essential to take into account that the cost of living is notably elevated, being 57.99% higher than average. Moreover, residents experience a somewhat lengthy daily commute of around 36 minutes. Prospective employees must weigh these factors when considering job prospects in this city.
The city of Lake Forest, IL currently experiences an unemployment rate of 6.40%, which is higher than the country's average of 3.8%. Despite the elevated unemployment, the future job market growth in this city is anticipated to be strong. This implies that jobseekers can expect to see an increase in employment opportunities as the economy continues to advance. With a focus on clarity and precision, it is worth noting that a healthy job market expansion could potentially create a more stable economic environment for residents in Lake Forest.
Lake Forest offers a wide range of opportunities for job seekers. Explore jobs in Lake Forest with Joblift to find the perfect match for your skills and experience, using our advanced search and Job Coach tool.