Labor Market Profile

 Labor Force and Jobless Rates 2012-2020*

​*Through March 2020
March

 Population and Demographics

Population (2019)

1,257,584

% of State Population

12.6%

 

 

Population Change

Population Age

2010-2019

2018-2019

Under-16

18.3%

55,222

890

16-64

64.9%

4.6%

0.1%

Over 65

16.8%


Source: U.S. Census Bureau, Population Estimates


 Current Jobless Rate

March 2020

3.9%

February 2020

2.9%

March 2019

3.7%

Change Mar’19 – Mar ‘20

+0.2%


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


 

 Total Employment (QCEW)

Jobs (2018)

736,982

Change Over the Year

Change Since 2014

+8,608

+1.2%

+45,609

+6.6%

 

 

 

Major Industries by Employment (2018)

Health care and social assistance

105,346

Professional, scientific, tech. services

104,014

Retail trade

79,193

Manufacturing

66,960

Administrative and support services

64,757


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

 Labor Force

Labor Force (Mar 2020)

681,410

% of State Labor Force

13.9%

 

 

Employed

654,959

 

 

Unemployed

26,451


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


 

 Wages

Median Hourly Wage (2019)

Oakland County


Metro Detroit



$20.52


$19.69


Oakland County Wage Range
(10th-90th Percentile)

$10.31-$49.82


Source: EMSI, BLS (OES + Non-QCEW )


 

 Employment Forecasts by Occupation


Total Occupations by Job Growth, 2-digit SOC (2018-2021)

 

Occupation

Average
Annual
Openings

Median
Hourly
Earnings

Food Prep and Serving
Workers                                   759               $10.40
Transportation/Material
Moving                                     526               $16.35
Healthcare Practitioners      515                $33.14
Administrative Support
Workers                                  450                $17.77
Personal Care
Occupations                           426             $11.31
Management
Occupations                           381             $54.81
Healthcare Support
Occupations                            380             $14.48
Business/Financial
Operations                              347            $34.09
Buildings/Grounds
Maintenance                            342            $12.45
Business/
Computer/Mathematical
Occupations                            264            $38.78

Source: EMSI


 Real-Time Job Demand


Curent Total Online Job Advertisements (Apr 2020)

42,685

Top Posted Occupations (Unique Postings,
Mar ’20 - Apr ’20)




 Change Over Year

12 Month Average


Heavy and tractor-trailer truck drivers
-23.0% 56,216 

Registered nurses 




Retail salespersons  


 

 

Software developers, applications

 

 

Mechanical engineers


Source: EMSI

Oakland County
Economic Development and Community Affairs
Market Research (5 May 2020)