Have you ever considered living in the hotbed of America’s historical prosperity? This week’s Metro Area Spotlight takes us to the Nation’s former center of industry: Motor City! The Detroit-Warren-Dearborn metro area may have gotten a bad rap since the prominence of America’s rust belt faded in the late 20th century, but the region is consistently improving its circumstances as Americans increasingly flee expensive and companies follow suit.
The Detroit area saw its greatest prestige in the 1950s, when it was one of the richest cities in America. As globalization and the constant strive for lowering costs pushed traditional manufacturing jobs out of the United States, the city saw a steep decline, culminating in its bankruptcy filing in 2013. But in the last few years, the city has shown tremendous effort in stabilizing, and has achieved a shocking comeback that no one could have predicted. The region now earns high scores in both local amenities and cost of living. The area, particularly Detroit, still has some drawbacks, but local government is hard at work on fixing these issues. And while most of the job challenges are concentrated in Detroit specifically, the neighboring Warren and Dearborn exhibit higher rates of employment comparatively.
As of November 2019, the Detroit area had an unemployment rate of 3.4%, only 0.1% higher than the national average. Average wages are also on the incline after a brief dip in 2018 and early 2019. Think you want to forge a life in the Detroit metro area? Here are some important employment trends to help you start your search.
Most Demanding Industries in Detroit-Warren-Dearborn
The Detroit metro area is growing, and you can find all manner of work there. Despite the region’s strong history in the auto industry, manufacturing is actually the fastest declining industry in the area, while several strong industries are taking root. Leisure and hospitality is the fastest growing industry, with a 2.2% growth rate from September 2018-2019, and Financial Services and Government are also on a hot steak. Below are the most demanding industries on Lensa in the Detroit-Warren-Dearborn region:
Top Hirers and Jobs in Detroit
We’ve also collected the Detroit area’s most-hiring companies on Lensa in 2019 to give you an idea of where to start looking: