Annual Labor Market

Thus far in 2018, the labor force and employment figures in southeast Michigan have fallen after two years of annual growth. Employment has fallen at a greater rate than the labor force, meaning a greater proportion of the labor force is looking for work. This has caused the annual unemployment rate to rise to 4.7 percent from the annual rate of 4.4 percent during 2017. Despite this, employer demand remains high for customer service related workers. The customer service occupation group reported the highest demand with 1,000,000 job postings during Q1 2018. Other occupation groups also offer great job opportunities for active job seekers: transportation, distribution, and logistics (TDL) postings grew by 16 percent since Q1 2017, and 25 percent of education postings were open to entry-level applicants.

Annual Labor Market Information

Moving away from a ten-year high, the labor force in the southeast Michigan dropped by 14,610 individuals between 2017 and 2018. Employment also fell by 24,690 workers between recent years. With employment decreasing at a greater rate, the unemployment rate rose by 0.3 percentage points to a current annual rate of 4.7 percent in the 16-county WIN partnership region.
Annual Labor Force, Employment, Unemployment Rate
Data: BLS | Analysis: Workforce Intelligence Network

Quarterly Employer Demand Overview

Data from the first quarter of 2018, including posting information from January, February, and March, indicated strong employer demand throughout southeast Michigan. There were 27,517 more postings during Q1 2018 compared to the 281,241 postings made during Q1 2017 for a total of 308,758 postings. Typically, the first half of the year tends to report lower postings than the second half.
Quarterly Posting Analysis, WIN Region
Q1 2018

Data: Emsi | Analysis: Workforce Intelligence Network