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 Somers Point, NJ.
Somers Point offers thriving industries such as health care, hospitality, retail, education, and entertainment. The city's diverse economic landscape provides ample job opportunities for jobseekers in these fields. With a mix of established businesses and new ventures, Somers Point maintains a stable and growing workforce. The professional environment within the city ensures quality services and experiences for both residents and visitors alike. Overall, Somers Point is an appealing destination for individuals seeking career growth with industry variety and promising prospects.
In the city, employment opportunities present a unique landscape for job seekers. With an average salary of $58,745, the city's income rate is 15.14% below the national average. However, the cost of living in this location is advantageous, as it is approximately 6.0% lower than the average across other cities. A noteworthy aspect is that 45% of residents are insured by their employer, offering a significant benefit to those employed within the area. Furthermore, the daily commute remains manageable at an average of 22 minutes, allowing workers to balance both work and personal life efficiently. The city thus offers a combination of financial benefits and time-saving aspects for those considering employment there.
Somers Point, NJ currently experiences a higher than average unemployment rate at 11.60%. Despite this challenge, the city is forecasted to see moderate growth in its job market. As the local economy continues to develop, potential jobseekers may find increasing opportunities within Somers Point's evolving employment landscape. A focus on addressing the current unemployment levels, combined with anticipated job market expansion, makes for an interesting combination in this city's economic future.
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