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 Speedway, IN.
Speedway is a city with diverse industries that contribute to its economic growth. Health care, manufacturing, retail, education, and administrative sectors play crucial roles in providing employment opportunities for the residents. Additionally, support and waste management services are essential components of the city's infrastructure, ensuring a well-rounded industrial landscape. This combination of industries allows Speedway to maintain stability and offer various career paths to jobseekers, fostering a promising environment for those wishing to advance their professional lives.
In this city, employment opportunities are accompanied by noteworthy benefits. With an average salary of $66,522, which is only 3.91% below the national average, residents can expect to earn a decent income. Additionally, about 50% of people in the city have insurance provided by their employers. A major advantage for individuals considering employment here is the lower cost of living, which is approximately 15% less than the national median. The average commute time of 22 minutes further adds to the appeal of working in this city, providing a balance between career and personal life. Overall, this city presents a slightly positive outlook for job seekers searching for new opportunities.
In Speedway, Indiana, the local economy currently experiences an unemployment rate of 5.6%, which is above the country's average. Despite this higher unemployment figure, the city anticipates a vigorous future job market growth, offering potential opportunities for jobseekers to find suitable positions in various sectors. With continued development and expansion, Speedway's job market is on track for increased success and stability.
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