Jobs in Jersey City, New Jersey, United States
Not Exactly New York: Jobs in Jersey City
The 2nd most populous city in New Jersey is Jersey City. In 2015, this city’s population was estimated at more than 260,000, making it the 75th biggest city in the US. Contributing to its population are visitors who visit popular landmarks such as Ellis Island, the Statue of Liberty National Monument (part of this is in New York), Liberty Island (part of this is also in New York), the Katyń Memorial, Liberty Science Center, the Landmark Loew’s Jersey Theatre, and the Colgate Clock. Besides its outstanding historical landmarks, Jersey City has many other shopping attractions that draws in tourists such as Journal Square and Newport Mall.
Headquarters in the City
Located in Jersey City are the headquarters of Lord Abett, a money management firm and Verisk Analytics. Other corporations with operations in Jersey City are ICAP, Computershare, Fidelity Investments, and ADP. Goya Foods, which formerly had its headquarters in Secaucus, moved to Jersey City since April of 2015. Moreover, due to a USD 27 million tax grant (for bringing 350 jobs to New Jersey for 10 years), Forbes magazine moved its headquarters to the city.
Business, Shopping, and Living Perks
Jersey City has ways to drive its employment up, like perks for businesses in the city (as what they did with Forbes). Beyond this, they have also found ways to encourage shoppers to spend more in the city. Because of the 3.5% sales tax rate, Jersey City has seen a large influx of outside shoppers—however, this is only confined to the Urban Zone. Otherwise, for New Jersey City, sales tax is typically at 7% and income taxes are higher at 5.53% (compared to the US national average of 4.6%). This means that it may be more difficult to bring earn and save more income.
If you have been convinced by the attractiveness of Jersey City, you may be buoyed up by the fact that its unemployment rate is only at 5%, lower than the country average unemployment rate of 5.2%. Moreover, its recent and future job growth are at 2.03% and 39.05%, respectively. Both of these show that it is relatively easier to find a job in Jersey City compared to other US cities and that would seem to still be the case in the future.
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