With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Detroit, MI.
Detroit is a city with a strong presence in various industries such as technology, bio-science, and auto manufacturing. The tech sector is continuously growing, while the bio-science industry contributes significantly to medical advancements. Additionally, Detroit's long-standing history with auto manufacturing solidifies its importance in this field, creating diverse opportunities for job seekers. Overall, this city offers a promising environment for those looking to establish or further their careers in these sectors.
In the city, employees enjoy a slightly shorter commute time of 26 minutes compared to other places. The cost of living is also more manageable, being approximately 11.0% lower than the average. Additionally, almost one-third of the workforce benefits from insurance coverage provided by their employers. Although the average salary stands at $50,181, these factors contribute to a reasonably positive employment environment for residents in the area.
The local economy of Detroit, MI presents an interesting landscape for jobseekers. With a current unemployment rate at 9.60%, the city has higher than average unemployment when compared to the national figure of 3.8%. However, it is essential to note that the future job market growth in Detroit is projected to be strong. This may imply promising opportunities for individuals seeking employment in this city, as the job market is expected to expand in the coming years.
With a rich history in the automotive industry and growing opportunities in technology, Detroit offers a unique environment for job seekers. To find jobs in Detroit, let Joblift guide you through an extensive list of opportunities tailored to your skills and experience.