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 Monticello, AR.
In Monticello, a diverse array of industries contribute to the city's economic landscape. Education plays a significant role, offering various opportunities for professionals in teaching and administration. Health care is another prominent sector, with numerous facilities providing medical services to residents. Retail and hospitality enterprises cater to both locals and visitors alike, contributing to the growth of the economy. Manufacturing also has a presence, enabling skilled workers to find rewarding careers. Overall, Monticello presents an assortment of industries, making it an attractive destination for jobseekers.
In the city, the average salary is $44,805, which is 35.28% below the national average. Despite this lower salary rate, the cost of living in the area is approximately 29% lower than average, which can help offset the financial difference. A notable 41% of the population receive insurance coverage from their employers, providing added stability to workers in the community. Additionally, residents can expect an average commute time of just 17.5 minutes, allowing for more efficient daily travels.
In Monticello, AR, the local economy currently experiences an unemployment rate of 5.80%, which is above the national average of 3.8%. Despite this higher than average unemployment, the city's future job market growth is projected to be strong. This indicates that there will likely be a steady increase in employment opportunities within Monticello, contributing to an improving job market for its residents.
Explore the many opportunities for jobs in Monticello with Joblift, a platform designed to find the perfect fit for your skills and experience. Utilize our advanced search options and Job Coach tool to take advantage of the job market and secure your ideal career in Monticello.