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Welcome to your comprehensive guide to the Marshall Islands job market. Finding the right job or candidate requires solid data. We provide the latest statistics on employment, salaries, and economic indicators, empowering you to make informed decisions about your next career step or recruitment strategy in Marshall Islands.
Job Market Overview: Employment Statistics in Marshall Islands
Understanding Marshall Islands's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 59.190 residents |
| Employment Rate | 36.1% (below OECD average) |
| Unemployment Rate | 5.8% (moderately competitive market) |
These Marshall Islands employment statistics reveal a balanced labor market where candidates should highlight specialized skills. The 36.1% employment rate suggests moderate job availability across sectors.
Living & Working in Marshall Islands: Economic Insights
Before relocating or applying for jobs in Marshall Islands, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 300,00 USD | 7% of U.S. average (significantly lower) |
| Purchasing Power | 9 | moderate compared to U.S. (100) |
With 9 purchasing power, salaries in Marshall Islands provide adequate but budget-conscious lifestyles. The average monthly salary of 300,00 USD is particularly attractive in the Fishing sector.
Top Industries & Job Opportunities in MH
Marshall Islands's thriving job market spans these key sectors:
| Leading Industry | Fishing (growing at 5% annually) |
| Emerging Sector | Manufacturing (25% of workforce) |
| Service Sector | Services (60% of GDP) |
| Major Employers | Marshall Islands Shipping Corporation, National Telecommunications Authority, Bank of Marshall Islands (hiring year-round) |
Job seekers should focus on Fishing for the most opportunities, while Manufacturing offers growth potential. Major companies like Marshall Islands Shipping Corporation, National Telecommunications Authority, Bank of Marshall Islands frequently post openings for skilled professionals.
Data Sources & Methodology
The statistical data (Population, Employment, Economic Indicators) used in this guide is compiled from the following authoritative sources:
- Employment & Economic Data: World Bank Indicators
- Cost of Living & Salaries: Numbeo Cost of Living Database
- Proprietary Data: Analysis derived from expert interviews and Cityjobs.info internal salary research.
Disclaimer: Data Volatility Note
We strive to update all statistics and figures annually. However, due to the nature of global economics, data like employment rates, exchange values, and average salaries can change rapidly due to political events, economic shifts, or unforeseen crises. Always verify critical figures with local governmental or financial institutions before making major decisions.
CityJobs bridges the gap between job seekers and employers in Marshall Islands, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Marshall Islands?
With a population of 59,190 and an employment rate of 36.1%, Marshall Islands offers a growing job market. The unemployment rate currently stands at 5.8%.
2. Which are the top companies in Marshall Islands?
The leading employers in Marshall Islands include Marshall Islands Shipping Corporation, National Telecommunications Authority, Bank of Marshall Islands. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Marshall Islands?
The purchasing power ratio in Marshall Islands is 9, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Marshall Islands?
Search our listings filtered for Marshall Islands. Focus on industries where Marshall Islands Shipping Corporation, National Telecommunications Authority, Bank of Marshall Islands are active, and consider that the 36.1% employment rate suggests moderate competition for positions.
5. What should I know about working in Marshall Islands?
With Marshall Islands Shipping Corporation, National Telecommunications Authority, Bank of Marshall Islands as major employers, the job market tends to favor Manufacturing and Services.
