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 Sioux Falls, SD.
In Sioux Falls, the financial services and health care sectors play a significant role in driving the city's economy. These industries offer ample employment opportunities for jobseekers looking to establish themselves in this growing metropolitan area. With a strong focus on these two sectors, Sioux Falls has managed to create a stable economic environment that attracts professionals from various backgrounds. The city's dedication to fostering growth in the financial services and health care fields makes it an appealing destination for those seeking career advancement in these industries.
In the city, employment opportunities are slightly favorable for job seekers. With an average salary of $69,495, workers in this area earn approximately 0.39% more than the national average. Furthermore, around 59% of people receive insurance coverage from their employers. The cost of living index is also notably lower, at 9.0% below the national median. Additionally, residents benefit from a relatively short commute time, averaging just 16.5 minutes. These factors contribute to a generally suitable environment for jobseekers looking to establish themselves in this city.
In Sioux Falls, SD, the local economy showcases a below average unemployment rate of 3.20%, reflecting a healthy job market for potential jobseekers. Furthermore, the city is anticipated to experience robust future job market growth, providing an abundance of opportunities for individuals seeking employment in diverse industries. This positive outlook on Sioux Falls' job market indicates a thriving environment for both employers and jobseekers alike.
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