Labor Market Profile

 Labor Force and Jobless Rates 2012-2018*

​*Through August 2018

Labor Force and Jobless Rates Graph through June 2018


 Population and Demographics

Population (2017)

1,250,836

% of State Population

12.6%

 

 

Population Change

Population Age

2010-2017

2016-2017

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

August 2018

3.3%

July 2018

3.9%

August 2018

4.0%

Change Aug ’17 – Aug ‘18

-0.7%


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


 

 Total Employment

Jobs (First Quarter 2018)

725,166

Change Over the Year

Change Since 2014 Q1

11,280

+1.6%

50,541

+7.5%

 

 

 

Major Industries by Employment (2017)

Health care and social assistance

102,419

Professional, scientific, tech. services

102,348

Retail trade

79,622

Manufacturing

66,792

Administrative and support services

65,653


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

 Labor Force

Labor Force (August 2018)

663,825

% of State Labor Force

13.6%

 

 

Employed

642,200

 

 

Unemployed

21,625


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

57,770

Top Advertising Employers (Sep’17-Aug ’18)




 


William Beaumont Hospital

Change Over Year

12 Month Average

Oracle Corporation


-3.0%

52,599

CRST International, Inc.


 

 

The Home Depot Inc.

 

 

Henry Ford Health System


Source: EMSI

Oakland County
Economic Development and Community Affairs
Market Research (2 October 2018)