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Employment vs. unemployment rate: Detroit
Industry employment stratification: Detroit
Office employment trends (12-month change, 000s): Detroit
For more information, contact: Andrew Batson | andrew.batson@am.jll.com ©2015 Jones Lang LaSalle IP, Inc. All rights reserved.Sources: Bureau of Labor Statistics, JLL Research
Employment Update
Metro Detroit | August 2015
Job growth (12-month change): United States vs. Detroit
Job growth/loss by sector (12-month change): Detroit
Industrial employment trends (12-month change, 000s): Detroit
5.3%U.S. unemployment
2.1%U.S. 12-month job growth
6.6%Detroit unemployment
2.6%Detroit 12-month job growth
5.5%Michigan unemployment
2.2%Michigan 12-month job growth
-3,400
-700
-300
2,400
3,200
7,700
8,500
10,000
10,100
11,900
-6,000 -2,000 2,000 6,000 10,000 14,000
Government
Other Services
Information
Leisure & Hospitality
Financial Activities
Trade, Transportation & Utilities
Manufacturing
Mining, Logging & Construction
Educational & Health Services
Professional & Business Services
-40.0
-20.0
0.0
20.0
40.0
2010 2011 2012 2013 2014 2015
Trade,Transportation & Utilities
Manufacturing
Other Services
Mining, Logging & Construction
-30.0
-15.0
0.0
15.0
30.0
2010 2011 2012 2013 2014 2015
Professional and Business Services
Information
Government
Financial Activities
0%
4%
8%
12%
16%
20%
1,550,000
1,650,000
1,750,000
1,850,000
1,950,000
2,050,000
2,150,000
2005 2007 2009 2011 2013 2015
Nonfarm employment
Unemployment
• According to the most recent estimates from the Bureau of Labor
Statistics, total nonfarm employment in Detroit stood at ~2.0
million payrolls, representing an annualized increase of 49,400
jobs or 2.6 percent. Meanwhile, unemployment decreased 2.3
percentage points year-over-year to 6.6 percent.
• After a bumpy beginning to 2015, the U.S. labor market
continued its steady and upward trajectory with the addition of
215,000 net new jobs in July. While slightly lower than the
previous few months, year-to-date job creation now rests at 1.5
million and is in line with 2014.
• U.S. unemployment remained unchanged at 5.3 percent, while
unemployment for college graduates continues to hover between
2.5 and 2.7 percent, slightly less than half the national rate.
However, labor force participation remains relatively flat across
demographic segments, particularly for high-school graduates
-4.0%
-2.0%
0.0%
2.0%
4.0%
2010 2011 2012 2013 2014 2015
Detroit United States
Educational &
Health Services,
195,600 , 18%
Trade, Transportation
& Utilities,
182,900 , 17%
Professional &
Business Services,
149,700 , 14%
Government,
136,100 , 13%
Manufacturing,
125,800 , 12%
Leisure & Hospitality,
112,600 , 11%
Financial Activities,
68,500 , 6%
Other Services,
40,700 , 4%
Mining, Logging
& Construction,
40,200 , 4%
Information,
14,900 , 1%

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JLL Detroit Employment Update August 2015

  • 1. Employment vs. unemployment rate: Detroit Industry employment stratification: Detroit Office employment trends (12-month change, 000s): Detroit For more information, contact: Andrew Batson | andrew.batson@am.jll.com ©2015 Jones Lang LaSalle IP, Inc. All rights reserved.Sources: Bureau of Labor Statistics, JLL Research Employment Update Metro Detroit | August 2015 Job growth (12-month change): United States vs. Detroit Job growth/loss by sector (12-month change): Detroit Industrial employment trends (12-month change, 000s): Detroit 5.3%U.S. unemployment 2.1%U.S. 12-month job growth 6.6%Detroit unemployment 2.6%Detroit 12-month job growth 5.5%Michigan unemployment 2.2%Michigan 12-month job growth -3,400 -700 -300 2,400 3,200 7,700 8,500 10,000 10,100 11,900 -6,000 -2,000 2,000 6,000 10,000 14,000 Government Other Services Information Leisure & Hospitality Financial Activities Trade, Transportation & Utilities Manufacturing Mining, Logging & Construction Educational & Health Services Professional & Business Services -40.0 -20.0 0.0 20.0 40.0 2010 2011 2012 2013 2014 2015 Trade,Transportation & Utilities Manufacturing Other Services Mining, Logging & Construction -30.0 -15.0 0.0 15.0 30.0 2010 2011 2012 2013 2014 2015 Professional and Business Services Information Government Financial Activities 0% 4% 8% 12% 16% 20% 1,550,000 1,650,000 1,750,000 1,850,000 1,950,000 2,050,000 2,150,000 2005 2007 2009 2011 2013 2015 Nonfarm employment Unemployment • According to the most recent estimates from the Bureau of Labor Statistics, total nonfarm employment in Detroit stood at ~2.0 million payrolls, representing an annualized increase of 49,400 jobs or 2.6 percent. Meanwhile, unemployment decreased 2.3 percentage points year-over-year to 6.6 percent. • After a bumpy beginning to 2015, the U.S. labor market continued its steady and upward trajectory with the addition of 215,000 net new jobs in July. While slightly lower than the previous few months, year-to-date job creation now rests at 1.5 million and is in line with 2014. • U.S. unemployment remained unchanged at 5.3 percent, while unemployment for college graduates continues to hover between 2.5 and 2.7 percent, slightly less than half the national rate. However, labor force participation remains relatively flat across demographic segments, particularly for high-school graduates -4.0% -2.0% 0.0% 2.0% 4.0% 2010 2011 2012 2013 2014 2015 Detroit United States Educational & Health Services, 195,600 , 18% Trade, Transportation & Utilities, 182,900 , 17% Professional & Business Services, 149,700 , 14% Government, 136,100 , 13% Manufacturing, 125,800 , 12% Leisure & Hospitality, 112,600 , 11% Financial Activities, 68,500 , 6% Other Services, 40,700 , 4% Mining, Logging & Construction, 40,200 , 4% Information, 14,900 , 1%