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 Madison, NJ.
Madison is a city with a strong presence in various industries such as education, technology, science, finance, retail, and manufacturing. The robust educational sector provides a solid foundation for growth in science and technology fields, while the flourishing financial industry offers stability to businesses and residents alike. Retail and manufacturing sectors contribute significantly to the local economy, ensuring that Madison remains a competitive destination for jobseekers seeking opportunities across multiple disciplines. This dynamic mix of industries ensures a promising landscape for those looking to build their careers in this thriving city.
The city offers an enticing employment landscape for job seekers, as evidenced by its average salary of $108,263, which stands 56.39% above the national average. With a 30-minute commute time, workers can expect to spend a reasonable amount of time traveling to their jobs. Additionally, approximately 72% of individuals benefit from employer-sponsored insurance, further enhancing the appeal of the city's job market. However, it is essential to consider that the cost of living is 61.0% higher than average, which may impact one's overall financial situation.
In Madison, NJ, the local economy experiences an unemployment rate of 6.20%, which is above the national average of 3.8%. Despite this higher than average unemployment rate, the city's future job market growth is predicted to be steady. As the employment landscape in Madison continues to evolve, job seekers can look forward to a steadily growing job market in the coming years.
Madison is a charming city with a rich history and a thriving job market. To find the perfect jobs in Madison, utilize Joblift's advanced search and Job Coach tool to match your skills and experience with available opportunities.