Jeffrey talks to Luke Bunge, Economic Analyst, DTMB – Bureau of Labor Market Information and Strategic Initiatives to discuss how the regional population growth outpaces Michigan between 2009 and 2015.
They also discuss:
Demographic trends
Overall unemployment rate, labor force and employment levels are Lower than state and nation which has gone positive over last year
While unemployment rate now around prerecession levels, labor force and employment levels still lag.
Industry job levels are continuing to rise over the year and after the
Great Recession; they have just surpassed pre-recessionary levels.
Again lag behind 2000 levels.
Top growing industries
Projection of job growth slightly lower than statewide average
Top three growing occupational categories
Top three occupational categories based on annual openings
Occupational growth most present in occupations that require more
than a HS diploma.
High-demand, high wage careers present opportunities for both
moderate OJT-associate degree and bachelor’s and above.
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