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JLL Detroit Chart of the Week: May 18, 2015

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Labor statistics trending in a healthy direction 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 1,600,000 1,650,000 1,700,000 1,750,000 1,800,000 1,850,000 1,900,000 1,950,000 2,000,000 2008 2010 2012 2014 Detroit • According to the most recent estimates from the BLS, total non-farm employment in Detroit stood at ~1.9 million payrolls, representing an annualized increase of 38,200 jobs or 2.0 percent. Meanwhile, unemployment decreased 3.4 percentage points year-over-year to 6.0 percent. • During the national recession which lasted from December 2007 to June 2009, total employment in Detroit decreased by X jobs and unemployment increased X.X percentage points to X.X percent. Since that time Detroit has regained X jobs and unemployment has decreased X.X percentage points Source: JLL Research, Bureau of Labor Statistics Chart of the week: May 18, 2015 Employment Unemployment rate

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JLL Detroit Chart of the Week: May 18, 2015

  • 1. Labor statistics trending in a healthy direction 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 1,600,000 1,650,000 1,700,000 1,750,000 1,800,000 1,850,000 1,900,000 1,950,000 2,000,000 2008 2010 2012 2014 Detroit • According to the most recent estimates from the BLS, total non-farm employment in Detroit stood at ~1.9 million payrolls, representing an annualized increase of 38,200 jobs or 2.0 percent. Meanwhile, unemployment decreased 3.4 percentage points year-over-year to 6.0 percent. • During the national recession which lasted from December 2007 to June 2009, total employment in Detroit decreased by X jobs and unemployment increased X.X percentage points to X.X percent. Since that time Detroit has regained X jobs and unemployment has decreased X.X percentage points Source: JLL Research, Bureau of Labor Statistics Chart of the week: May 18, 2015 Employment Unemployment rate