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Anticipating a job hunt in 2020?
If so, you might be nervous about the state of your local job market or curious how it stacks up to rival cities. Cities in the same state can have dramatically different job markets. Job hunting in one part of the state can be a piece of cake, while in another city it can be a herculean task to just land an interview.
Here are the ten hottest job markets in New Jersey.
There you have it, folks- the ten cities where it was easiest to get a job in New Jersey. Keep reading for a more detailed breakdown of how we reached these results. Your city not in the top 10? Keep scrolling to see where it landed on the full list.
We used the most recent Census American Community Survey to pull data for the main New Jersey metro areas. We only looked at cities with a working civilian population above 5,000.
While unemployment rate can tell you a lot about the local job market, it is simply one metric and job markets are complex entities. We opted to take a more in-depth look at the best job market in New Jersey.
Each metro-area was ranked 1-to-110 in four categories:
The lower the score in each category the better. For example, the East Rutherford area had the lowest unemployment rate at 1.9%, earning it the #1 spot for unemployment rate. The four ranked categories were then averaged together to produce our final list. The final list ranks the 110 metro areas from 1-to-110. Once again, the lower the score, the stronger the job market.
Unemployment Rate: 2.91%
Average Income: $155,656
Unemployment Rate: 3.25%
Average Income: $229,201
Unemployment Rate: 2.0%
Average Income: $128,571
Unemployment Rate: 3.43%
Average Income: $184,437
Unemployment Rate: 3.77%
Average Income: $127,442
Unemployment Rate: 2.46%
Average Income: $197,495
Unemployment Rate: 3.41%
Average Income: $179,824
Unemployment Rate: 4.99%
Average Income: $229,048
Unemployment Rate: 3.32%
Average Income: $229,932
Unemployment Rate: 3.84%
Average Income: $170,541
You might be reading this and thinking, ‘Hey, I live in East Rutherford and have been unemployed for months- this can’t be right!’ That’s entirely possible.
While East Rutherford and the surrounding metro area have the hottest job market in New Jersey, personal finances can be, well, personal. Education, work experience, and occupation all play a big role in securing a job. However, overall, job seekers in East Rutherford will have an easier time than those in cities near the bottom of the list.
|20||Ridgefield Park Village||4.05%|
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