Labor Market Profile

 Labor Force and Jobless Rates 2012-2018*

​*Through April 2018

April Graph


 Population and Demographics

Population (2017)

1,250,836

% of State Population

12.6%

 

 

Population Change

Population Age

2010-2017

2015-2017

Under-16

19.1%

48,474

5,074

16-64

65.4%

4.0%

0.4%

Over 65

15.5%


Source: U.S. Census Bureau, Population Estimates


 Current Jobless Rate

April 2018

2.9%

March 2018

3.4%

April 2017

2.6%

Change Apr ’17 – Apr ‘18

+0.3%


Source: U.S. Bureau of Labor Statistics, LAUS


 

 Total Employment

Jobs (Fourth Quarter 2017)

734,766

Change Over the Year

Change Since 2012 

3,213

+0.4%

60,292

+8.9%

 

 

 

Major Industries by Employment (2016)

Professional and technical services

109,440

Administrative and support services

62,318

Food services and drinking places

53,081

Ambulatory health care services

40,877

Hospitals

33,655


Source: U.S. Bureau of Labor Statistics, QCEW

 Labor Force

Labor Force (Mar 2018)

656,882

% of State Labor Force

13.5%

 

 

Employed

637,574

 

 

Unemployed

19,008


Source: U.S. Bureau of Labor Statistics, LAUS


 

 Wages

Median Hourly Wage (2017)

Oakland County


Metro Detroit



$19.37


$18.62


Oakland County Wage Range
(25th-75th Percentile)

$12.33-$32.06


Source: EMSI, BLS (OES)

 

 Employment Forecasts by Occupation


Total Occupations by Job Growth (2017-2021)

 

Occupation

Average
Annual
Openings

Median
Hourly
Earnings

Food Prep and Serving
Workers                                   615               $9.90
Administrative Support
Workers                                   608             $17.06
Transportation/Material
Moving                                     519             $15.06
Healthcare Practitioners       454             $32.91
Buildings/Ground
Maintenance                           372             $11.86
Architecture and
Engineering                           368             $38.74
Healthcare Support               361             $13.72
Personal Care
Occupations                            351            $11.01
Sales and Related
Occupations                            332            $15.32
Business/
Financial Operations             329            $33.13

Source: EMSI


 Real-Time Job Demand


Curent Total Online Job Advertisements

53,321

Top Advertising Employers (Mar ’17-Feb ’18)




 


William Beaumont Hospital

Change Over Year

12 Month Average

CRST International


+6.8%

52,375

Oracle Corporation


 

 

Chrysler Realty Company LLC

 

 

Fiat Chrysler Automobiles N. V.


Source: EMSI

Oakland County
Economic Development and Community Affairs
Market Research (1 June 2018)