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 Schenectady, NY.
In the city of Schenectady, a diverse range of industries contribute to its thriving economy. Health care plays a significant role and provides numerous employment opportunities for job seekers. Retail further strengthens the economic landscape, ensuring a wide array of options for both consumers and workers alike. Education is another prominent industry within the city, fostering learning and growth for all age groups. Hospitality businesses cater to visitors and locals, while public administration ensures streamlined processes and organization for daily operations. Overall, Schenectady presents an ideal environment for those seeking career advancement in various fields.
In the city, employment opportunities appear to be abundant with an average salary of $63,011, which is slightly lower than the national average at -8.98%. A notable 37% of individuals receive insurance coverage through their employers, showcasing the commitment of companies in this area to employee well-being. The cost of living index reveals that life in the city is approximately 7% more affordable compared to other urban areas, which may help in balancing out lower wages. Furthermore, residents have a manageable commute time of 21.5 minutes on average, allowing them to spend less time traveling and more time enjoying what the city has to offer.
In Schenectady, NY, the local economy currently experiences an unemployment rate of 8.60%, which is above the national average of 3.8%. Despite the higher than average unemployment, the city's future job market growth is projected to remain steady. As a result, jobseekers exploring opportunities in this area can anticipate a stable and consistent employment landscape in the coming years. The keyword for Schenectady's job market would be "steady growth."
Schenectady offers a thriving job market with opportunities tailored to a variety of skills and experiences. To find the best jobs in Schenectady, utilize Joblift's advanced search and Job Coach tool for a seamless employment journey.