The job outlook in 07505 Paterson, NJ is promising with a projected future job growth of 14.88%, which is slightly lower than the US average of 30.54%. The unemployment rate in Paterson stands at 7.0%, which is higher than the national average of 4.1%. This could present an opportunity for new and existing businesses to fill in the gaps created by the lack of available jobs, allowing them to create more local employment opportunities for people living in Paterson. With a larger number of jobs available, there could be an increase in economic activity, leading to improvements in the standard of living and quality of life for residents in Paterson.
The unemployment rate in Paterson (zip 07505) is 14.8% (U.S. avg. is 6.0%)
You Should Know
- That Job Growth in Paterson (zip 07505) has been Negative.
- Jobs have Decreased by 8.3% over the past year.
- The average salary in Paterson (zip 07505) is $17,574.
- The median home cost in Paterson (zip 07505) is $260,800
Job Helpful Resources
- Best paying jobs in Paterson? Construction, Extraction ($41,083)
- Worst paying jobs? Education ($9,868)
- Highest paying industry jobs? Construction ($41,083)
- Lowest paying industry jobs? Educational Services ($8,309)
- Average Income of Residents in Paterson ( Unlock) compared to USA ($37,638)
- The Unemployment Rate in Paterson ( Unlock) is higher than USA (6)
Process of Job Search
View jobs in occupation categories below. It is important to join a job site search that offers legally protected status, inclusive workplace, and diverse and inclusive workplace if you're looking for work in Paterson. A team that respects gender identity, sexual orientation, national origin, and other legally protected status are important to look for.
Diverse and inclusive employers are looking for job seekers with a wide range of skills and experience. You can find jobs in Paterson, New Jersey that match your qualifications.