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 Lynchburg, VA.
In Lynchburg, two key industries dominate the city's economic landscape: technology and healthcare. Both sectors play a critical role in shaping the local job market and driving growth. The city's thriving technology sector attracts professionals seeking opportunities for innovation and creative problem-solving, while the healthcare industry provides numerous jobs in various roles, catering to the diverse needs of the population. Consequently, Lynchburg offers a robust and stable environment for career seekers looking to excel in these industries.
The city offers an intriguing employment landscape for jobseekers. With a 17.5-minute average commute, residents enjoy shorter travel times to their workplaces. Approximately 48% of the population receives insurance coverage through their employer, providing a sense of security in this essential aspect of life. The cost of living in the city stands at about 18.0% lower than average, making it more affordable than other urban areas. However, the average salary remains below par, with $44,386 being about 35.88% less than the national average. Overall, the city presents a mix of pros and cons for those considering relocation in pursuit of new career opportunities.
The city of Lynchburg, VA currently experiences an unemployment rate of 6.70%, which is above the national average of 3.8%. Despite this higher than average unemployment rate, the future job market growth in Lynchburg is predicted to be strong. This indicates that there will likely be increased opportunities for job seekers in the area and a positive trajectory for overall economic development within the community. The strong job market growth serves as a promising factor for those considering employment in Lynchburg.
Lynchburg is known for its variety of industries and job opportunities. To find the best jobs in Lynchburg, utilize Joblift's advanced search and Job Coach tool to match your skills and experience with potential employers.