Detroit Stats

Member of the 24/7 Wall St. Media Network

Category: Employment (page 1 of 2)

Detroit Unemployment Rate Higher Than Nation

Nationwide, 4.4% of the American labor force is unemployed, a large improvement from the recessionary unemployment peak of 9.9% in 2010. In the Detroit-Warren-Dearborn metro area, the unemployment rate of 5.3% is higher than the national figure and far lower than the city’s recessionary peak unemployment rate of 14.9%. The industry composition within a city […]

Why Doctors Are Paid Less in Michigan

There are more medical doctors in the top 1% of earners than any other profession. The average salary of family and general practitioners nationwide is $192,120. Doctors who choose to specialize can earn even higher salaries. Anesthesiologists, for example, are among the highest paid medical professionals, earning about $258,000 a year on average. The average […]

Commercial and Industrial Designers Hold the Most Iconic Job in Michigan

Whether it is a gaming supervisor in Nevada, a farm worker in California, an extraction worker in North Dakota, or a petroleum engineer in Texas, one occupation is often more strongly associated with a state than any other. Such iconic occupations can be identified across the country, and often highlight each state’s unique contribution to […]

Detroit is the 3rd Largest Employer for High-Tech Jobs

Economic growth has always been at the forefront of political discourse, but likely even more so since the Great Recession. How to achieve widespread prosperity has been a matter of heated debate. With the breakneck pace of technological development that has affected every aspect of our lives, many argue that advanced industries are essential to […]

Michigan Unemployment Improves in 2016

With 2016 unemployment rates of 2.7%, New Hampshire and South Dakota replaced North Dakota as the states with the lowest unemployment rates — the Bureau of Labor Statistics reported on Tuesday. New Mexico’s 6.7% unemployment rate is the highest in the country, pushing West Virginia and Nevada out of that position. National unemployment figures were […]

Michigan Has Added 118,200 Jobs Since the Great Recession

The U.S. economy has changed drastically in the past decade. As the housing bubble burst and the economy spiraled into the worst recession the country has faced since the Great Depression, unemployment hit a multi-decade high of 10% in 2009. Despite major setbacks, the U.S. economy began improving in June 2009, and many parts of […]

Detroit is Among the Top 25% of Cities Adding the Most Jobs

The United States has created more than 10 million jobs in the past four years. Over this time, the unemployment rate fell from 8.2% to 4.9%, the lowest in nearly a decade. 24/7 Wall St. compared the most recent employment levels in U.S. metro areas with levels four years ago. With the economic recovery, the […]

Michigan is the 12th Hardest State to Find Full-Time Work

More than a quarter million jobs were added to the U.S. economy in July, and the official unemployment rate remained unchanged at just under 5%, according to the latest jobs report from the Bureau of Labor Statistics. However, some of these jobs were undesired part-time positions, and the official unemployment rate often gives an incomplete […]

Detroit is the 12th Best City to Find Great Jobs

When thinking of relocation, Americans consider an area’s job prospects as among the most important factors. While other factors such as the school system or the cost of housing may play a role, a job ensures the viability of the relocation. Of course, one person’s great job may not suit another person’s skill set. Still, […]

Michigan Has the 10th Highest Share of People on Disability

More than 10 million Americans received Social Security disability benefits in 2014. These benefits — paid to disabled workers, disabled widows and widowers, and some other disabled adults — totaled $11.4 billion per month nationwide, a substantial increase from the $6.1 billion paid monthly a decade earlier. The number of disability beneficiaries varies between states. […]

Older posts

© 2017 24/7 Wall St.

Theme by Anders NorenUp ↑