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 Ridgewood, NJ.
Ridgewood is a city with diverse industries that contribute to its thriving economy. The technology and science sector serves as a key driver for innovation, while finance provides stability and support for various businesses. Health care plays an essential role in the well-being of the community, and education promotes continuous learning and development opportunities. Retail is another significant industry, catering to the needs of residents and visitors alike. Overall, Ridgewood's robust combination of industries contributes to a stable and flourishing local economy.
Within the city, employment opportunities exhibit appealing characteristics for jobseekers. A notable aspect is the average salary, which stands at $96,834, an impressive 39.88% above the national average. This higher income potential corresponds with the cost of living, as it is approximately 68.0% higher than the average in other locations. In terms of health benefits, a substantial 73% of individuals receive insurance coverage through their employers. However, one must consider the average commute time of 38.5 minutes when weighing the various factors that contribute to the city's employment landscape.
The economy of Ridgewood, NJ is currently experiencing an unemployment rate of 5.50%, which is above the country's average rate of 3.8%. Despite this higher unemployment rate, the city's future job market growth is expected to be strong. This optimistic outlook presents a favorable environment for both employers and jobseekers in Ridgewood, as it indicates that employment opportunities are likely to increase in the coming years. With a strong job market growth on the horizon, Ridgewood's economy shows promise for continued development and progress.
Experience the charm and opportunities of this lovely town by searching for jobs in Ridgewood on Joblift. Our advanced search and Job Coach tool will guide you towards finding the perfect match for your skills and experience, making it effortless to apply for jobs in Ridgewood.