Labor Market Profile

 Labor Force and Jobless Rates 2012-2018*

​*Through February 2018

datlmiprofchart.PNG


 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

February 2018

3.6%

January 2018 

3.8%

February 2017

3.9%

Change Feb ’17 – Feb ‘18

-0.3%


Source: U.S. Bureau of Labor Statistics


 

 Private Sector Employment

Jobs (Third Quarter 2017)

731,287

Change Over the Year

Change Since 2012

3,460

0.5%

64,715

9.7%

 

 

 

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 (Feb 2018)

656,951

% of State Labor Force

13.4%

 

 

Employed

633,242

 

 

Unemployed

23,709


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, QCEW

 

 Employment Forecasts by Occupation


Total Occupations by Annual Opening (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


Online Job Advertisements

41,154

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




 


FCA US LLC


Change Over Year

12 Month Average

William Beaumont Hospital


+1.6%

41,426

Oracle Corporation


 

 

CRST International

 

 

Ascension Health


Source: EMSI

Oakland County
Economic Development and Community Affairs
Market Research (4 April 2018)