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 Radford, VA.
In Radford, the city's economy is supported by a diverse range of industries. The education sector plays a prominent role, providing ample opportunities for professionals seeking roles in teaching and administration. Additionally, the hospitality industry thrives here, offering positions for those interested in hotels, restaurants, and other customer service-oriented businesses. Retail and health care contribute to further employment options, while manufacturing remains an essential component of the local economic landscape. Overall, Radford maintains a healthy balance of various industries, resulting in a stable job market for prospective residents.
In the city, employment opportunities present an enticing prospect for job seekers. The average salary is $44,204, which is below the national average but still a considerable income. With 54% of people insured by their employers, there's reassurance in knowing that a significant portion of the workforce receives benefits from their jobs. The cost of living is also attractive, as it stands 17% lower than the average, making life more affordable for residents. Additionally, a relatively short commute time of 18 minutes contributes to the appeal of this location for those seeking work.
The city of Radford, VA is currently experiencing an above average unemployment rate at 5.30%, when compared to the country's rate of 3.8%. Despite this, the future job market growth for the area has been projected to be strong. This indicates that there may be more employment opportunities arising in the near future, which can potentially contribute to a healthier economy and increased job stability within the region. The strong job market growth in Radford showcases its potential for economic progress and development.
Radford is a charming city with a thriving community and diverse job opportunities. To find the perfect jobs in Radford, simply use Joblift's advanced search and Job Coach tool for tailored results based on your skills and experience.