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 Troy, NY.
Troy is a city with flourishing industries that contribute to its economic growth and stability. Health care, education, retail, public administration, and hospitality are among the prominent sectors providing employment opportunities and services to residents and visitors alike. The health care industry ensures access to excellent medical services, while educational institutions provide quality learning experiences. Retail businesses cater to the everyday needs of citizens, as well as offering diverse shopping options for tourists. Public administration plays a vital role in maintaining order and managing resources, while the hospitality sector welcomes guests with an array of accommodations and entertainment choices. Overall, Troy's thriving industries create a stable environment for both jobseekers and entrepreneurs looking to build their careers or grow their businesses.
In the city, employment opportunities present various benefits for job seekers. A notable advantage is the cost of living, which is approximately 8.0% lower than average, making it an affordable option for many individuals. Additionally, the average commute time is a manageable 22.5 minutes, allowing residents to maintain a reasonable work-life balance. The city offers an average salary of $58,284, although this is around 15.81% below the national average. Furthermore, 43% of people in this location receive insurance from their employer, which can contribute to financial stability and overall well-being.
Troy, NY is a city with an unemployment rate of 7.20%, which is above the national average of 3.8%. Despite this higher unemployment rate, the future job market growth in Troy is anticipated to be steady. This steadiness indicates that there will likely be consistent opportunities for employment within the city's local economy. In conclusion, Troy presents a steady job market growth for its residents.
Explore a wide range of jobs in Troy with Joblift, ensuring you find the perfect match for your skillset and experience. Utilize our advanced search tools and Job Coach feature to help guide you towards the right opportunity in this thriving city.