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 Union City, NJ.
Union City offers a diverse range of industries that cater to the needs and skills of its inhabitants. Among these sectors, retail stands out as an essential component of the city's economy, providing ample employment opportunities for residents. In addition to retail, hospitality thrives in the city, offering numerous lodging and dining options for both locals and visitors alike. Health care services are also widely available, ensuring the well-being of the community members. Manufacturing and transportation further contribute to Union City's flourishing economic landscape, creating job openings and promoting growth within the area. Overall, the city presents a well-rounded selection of industries, fostering a stable environment for its residents to thrive.
In the city, employment opportunities are consistently evolving with an average salary of $73,196, which is 5.73% above the national average. A significant portion of the population, around 32%, receives insurance through their employers, providing added security to workers in this area. However, potential job seekers should be aware that the cost of living index in the city is approximately 28.999999999999996% higher than average, which might impact their overall financial situation. Additionally, the average commute time for residents is 34.5 minutes, which could influence daily routines and work-life balance.
The local economy in Union City, NJ presents a unique challenge for job seekers with its above average unemployment rate of 10.90%. Despite facing higher than the national level unemployment, the city's future job market growth is expected to maintain a steady pace. As such, individuals looking for job opportunities in this region should remain optimistic about finding suitable positions that align with their career goals. Focusing on industries and companies experiencing sustained growth within the area will be vital for maximizing employment prospects in Union City.
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