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 Lincoln, IL.
Lincoln boasts a thriving economy with strong industries in various sectors. Health care stands out as one of the leading fields, providing ample job opportunities for those in search of a stable career. Education is another dominant sector in this city, offering numerous prospects for professionals and support staff alike. Manufacturing continues to grow, contributing significantly to the local economic landscape. Retail and hospitality services also play an essential role, meeting the demands of both residents and visitors. Overall, Lincoln presents an attractive destination for job seekers interested in tapping into its flourishing industries.
Employment in the city presents a unique landscape for job seekers. With an average salary of $46,468, earnings are approximately 32.88% below the national average. However, the cost of living is also significantly lower at about 30.0% below average, which may help offset the lower wages. A notable percentage of residents, around 45%, benefit from employer-provided insurance, indicating a considerable number of jobs with this essential perk. Additionally, the average commute time stands at 18 minutes, allowing workers to reach their workplaces without enduring lengthy travel times.
In the city of Lincoln, Illinois, the current unemployment rate stands at 5.20%, which is above the country's average of 3.8%. Despite this higher than average unemployment rate, the future job market growth in Lincoln is predicted to be steady. This suggests that there will likely be continued opportunities for jobseekers in the area, as well as a maintained level of employment stability for current workers. The steady job market growth serves as an important factor for those evaluating potential relocation or career changes.
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