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 Monroe, MI.
Monroe is a city with a thriving economy focused on health care and furniture industries. The well-established health care sector provides numerous opportunities for professionals seeking stable employment in various medical fields. In addition, the city's furniture industry has a rich history of crafting high-quality products, attracting skilled artisans and manufacturers alike. As Monroe continues to grow and diversify, both of these industries will remain integral components of its economic landscape, offering rewarding career paths for jobseekers.
In the city, the average salary is $54,013, which is 21.98% below the national average. This lower salary may be offset by a cost of living that is approximately 15.0% lower than the national median, allowing residents to enjoy a more affordable lifestyle. The typical commute for workers in the city is about 21.5 minutes, making it a manageable distance for daily travel. Additionally, around 50% of people are insured through their employer, providing them with valuable health coverage. Overall, the city offers employment opportunities within a reasonable cost of living and commuting framework.
The city of Monroe, Michigan is currently experiencing an above average unemployment rate at 5.60%. Despite this, the future job market growth in Monroe is anticipated to be strong. Jobseekers considering a move to this area can expect a variety of opportunities as the local economy continues to expand and develop. In summary, Monroe's job market presents a promising outlook for individuals seeking new employment possibilities.
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