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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: Aaron Moore | aaron.moore@am.jll.com ©2015 Jones Lang LaSalle IP, Inc. All rights reserved.Sources: Bureau of Labor Statistics, JLL Research
Employment Update
Metro Detroit | October 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
5.1%U.S. unemployment
2.2%U.S. 12-month job growth
6.2%Detroit unemployment
2.4%Detroit 12-month job growth
5.1%Michigan unemployment
2.2%Michigan 12-month job growth
-4,700
-700
-600
1,900
5,000
6,700
7,700
7,900
8,300
13,700
-10,000 -5,000 0 5,000 10,000 15,000
Government
Information
Other Services
Leisure & Hospitality
Financial Activities
Mining, Logging & Construction
Trade, Transportation & Utilities
Educational & Health Services
Manufacturing
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 45,200
jobs or 2.4 percent. Meanwhile, unemployment decreased 2.7
percentage points year-over-year to 6.2 percent.
• Nationally, September’s jobs figures were below expectations,
with only 142,000 jobs added and August downwardly revised to
136,000.
• Office-using industries contributed just 43,000 jobs to
September’s growth, continuing a trend of somewhat muted
office-using employment gains. After a few months of improving
fundamentals, the financial activities subsector saw no new
growth, while previously lagging information grew by 12,000 net
new jobs. Due to the national slowdown in growth, this kept
office-using industries’ contribution to national gains at 30.3
percent.
-4.0%
-2.0%
0.0%
2.0%
4.0%
2010 2011 2012 2013 2014 2015
Detroit United States
Professional &
Business Services,
378,700 , 19%
Trade, Transportation
& Utilities, 362,700 ,
18%
Educational & Health
Services, 305,000 ,
16%
Manufacturing,
249,100 , 13%
Leisure & Hospitality,
193,100 , 10%
Government,
165,000 , 9%
Financial Activities,
111,800 , 6%
Other Services,
77,800 , 4%
Mining, Logging &
Construction, 74,500
, 4%
Information, 27,400 ,
1%

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Jll Detroit Employment Update October 2015

  • 1. Employment vs. unemployment rate: Detroit Industry employment stratification: Detroit Office employment trends (12-month change, 000s): Detroit For more information, contact: Aaron Moore | aaron.moore@am.jll.com ©2015 Jones Lang LaSalle IP, Inc. All rights reserved.Sources: Bureau of Labor Statistics, JLL Research Employment Update Metro Detroit | October 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 5.1%U.S. unemployment 2.2%U.S. 12-month job growth 6.2%Detroit unemployment 2.4%Detroit 12-month job growth 5.1%Michigan unemployment 2.2%Michigan 12-month job growth -4,700 -700 -600 1,900 5,000 6,700 7,700 7,900 8,300 13,700 -10,000 -5,000 0 5,000 10,000 15,000 Government Information Other Services Leisure & Hospitality Financial Activities Mining, Logging & Construction Trade, Transportation & Utilities Educational & Health Services Manufacturing 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 45,200 jobs or 2.4 percent. Meanwhile, unemployment decreased 2.7 percentage points year-over-year to 6.2 percent. • Nationally, September’s jobs figures were below expectations, with only 142,000 jobs added and August downwardly revised to 136,000. • Office-using industries contributed just 43,000 jobs to September’s growth, continuing a trend of somewhat muted office-using employment gains. After a few months of improving fundamentals, the financial activities subsector saw no new growth, while previously lagging information grew by 12,000 net new jobs. Due to the national slowdown in growth, this kept office-using industries’ contribution to national gains at 30.3 percent. -4.0% -2.0% 0.0% 2.0% 4.0% 2010 2011 2012 2013 2014 2015 Detroit United States Professional & Business Services, 378,700 , 19% Trade, Transportation & Utilities, 362,700 , 18% Educational & Health Services, 305,000 , 16% Manufacturing, 249,100 , 13% Leisure & Hospitality, 193,100 , 10% Government, 165,000 , 9% Financial Activities, 111,800 , 6% Other Services, 77,800 , 4% Mining, Logging & Construction, 74,500 , 4% Information, 27,400 , 1%