Are you unemployed and living in Newark, New Jersey? Are you considering relocating to Newark and wondering if you'll be able to find a good job? Employment is a major concern for everyone, whether they sell aquarium filters or trade stocks as their profession. For those of you who are interested in the job market in New Jersey, this article should provide an overview that will help you find out where to start.
Employment by the Numbers
Those of you who are moving to the city hoping to find a job will be disappointed to know that unemployment rates in the city are high: nearly 15%. The rest of New Jersey is slightly better off, at just over 9%, which is lower than the national average of 10%. There are many types of successful businesses in Newark, however, from huge insurance companies like Prudential to small discount postcard printing shops. Newark's biggest sectors are insurance, industry (especially manufacturing and transport), and service.
Men
Men looking for jobs in Newark will have the best chance of finding employment in the sectors favored by their peers. The largest portion (14%) of males in Newark are employed in the construction of high rises and the installation of bathroom furniture vanities. Next largest is administration and services at 6%, followed by tourism and hospitality at 5%. Transportation sits at 5%, tied with education, while public administration is 4% and health care is 3%. The most common occupation for a man is truck driver.
Women
The same tenet applies to job seeking women, though women's favorite industries are different from their male counterparts. Health care is the top industry for Newark women, employing 16%. Education employs a further 10% and 7% work in finance and insurance. 6% of women work in shops, restaurants and hotels selling New York spa packages to tourists and 5% are in the social work field. Public administration rounds out the field at 5%.
Top Employers
Those of you heading out to distribute resumes should concentrate on the largest companies, though don't allow smaller ones to drop through valves in your mind. The Newark Liberty International Airport employs 24,000 people, making it top dog for the city. Among the city's other largest employers are, Verizon Communications, Prudential Financial, Continental Airlines, the University of Medicine and Dentistry, the Public Service Enterprise Group, the City of Newark, and Blue Cross Blue Shield of New Jersey.
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