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 Morehead, KY.
Morehead is a city with diverse industries that contribute to its economic growth. The education sector plays a significant role in shaping the workforce, with various institutions providing essential knowledge and skills. Retail businesses offer a wide range of products and services, catering to the needs of residents and visitors alike. Hospitality thrives in this locality, thanks to numerous establishments offering accommodations, food, and entertainment options. Health care facilities provide essential medical services, ensuring the well-being of the community. In addition, public administration contributes to the smooth functioning of the city by overseeing and implementing vital policies and regulations. Overall, Morehead's mix of thriving industries creates a strong foundation for jobseekers searching for stable employment opportunities.
In the city, employment opportunities present a unique scenario for jobseekers. With an average salary of $38,217, earnings are considerably lower than the national average, at approximately 44.79% below. However, this is offset by a cost of living that is about 24.0% lower than average, making it more affordable for residents. A majority of people, around 56%, receive insurance coverage through their employers, which can be an important factor when considering work options. Additionally, the average commute time in the city is relatively short, clocking in at just 15.5 minutes, allowing for increased convenience and potentially better work-life balance.
In Morehead, Kentucky, the local economy is currently experiencing a 5.90% unemployment rate, which is above the national average of 3.8%. Despite this higher unemployment rate, the city's future job market growth is expected to be robust. As job opportunities continue to expand in various sectors, individuals seeking employment in Morehead can anticipate steady progress and development within the job market. With an anticipated robust job market growth, Morehead presents promising prospects for its residents and workforce.
Experience the charm of Morehead while finding your next career opportunity using Joblift. With our advanced search and Job Coach tool, explore various jobs in Morehead tailored to your skills and experience.