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 Newark, OH.
In Newark, the economy thrives on a diverse range of industries, including health care, retail, manufacturing, hospitality, and finance. These sectors provide ample job opportunities for jobseekers looking to establish themselves in this thriving city. With such a solid foundation in multiple fields, Newark has positioned itself as a prime location for career growth and sustainability. Those who choose to pursue their professional ambitions here can expect a well-rounded environment that supports success across various disciplines.
In the city, the average salary stands at $54,037, which is 21.94% below the national average. This lower income level corresponds with a cost of living that is about 18.0% lower than the national average. Employment in this area has a significant percentage of individuals covered by their employer, with 45% receiving insurance benefits. The typical commute time for workers in the city is around 24 minutes, which remains relatively standard compared to other cities. Overall, this location presents a balance between lower salaries and an affordable cost of living, while offering reasonable commute times and employer-provided insurance coverage.
The local economy of Newark, OH currently experiences an unemployment rate of 4.00%, which is above the country's average of 3.8%. Despite this higher-than-average unemployment situation, the city anticipates a robust future job market growth. This growth projection suggests that Newark will offer ample opportunities for individuals seeking employment in the coming years, contributing positively to the overall economic health of the region.
Experience the opportunities that Newark, OH has to offer by searching for jobs in Newark on Joblift. Utilize our advanced search and Job Coach tool to find the perfect match for your skills and experience within this growing city.