In Oakland County, jobs in the securities and commodity contracts brokerage pay the highest wages

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People with jobs in the securities and commodity contracts brokerage industry wages were the highest in Oakland County for the 2nd quarter of 2006. The average worker in the industry in Oakland County earned an annual wage of $118,811 in 2nd quarter of 2006. The wage rate is greater than the industry wage rate in Michigan of $108,192 and less than then the pay for jobs in this industry in the United States of $138,150.

Top-pay jobs in Oakland County, Michigan are present in isps and web search portals ($118,181), sea, coastal, and great lakes transportation ($117,093), unclassified ($104,246) and management of companies and enterprises ($96,865) industries. Note: Click the above Graphic for Detail Comparison

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Oakland County Industry Wages Exceed Michigan, and Wages Exceed the United States

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The average total wages in all industries in Oakland County, Michigan when analyzed can be described as very high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 20.2 percent higher than the reported averages in the state of $40,310. The overall industry wage was greater than the industry average in the US of $40,259.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Oakland County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Oakland County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has added the most employment with 4,229 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 10.4 percent of the total employment growth in Oakland County.

Top 5 Industries
1. Full-service restaurants (4,229 new jobs)
2. General medical and surgical hospitals (2,968 new jobs)
3. Offices of physicians (2,510 new jobs)
4. Nondepository credit intermediation (1,930 new jobs)
5. Building material and supplies dealers (1,923 new jobs)

In Oakland County, Michigan, the aggregate employment for all industry sectors has decreased by 59,784 jobs from mid-2001 to mid-2006.

Out of the 213 4-digit NAICS industries, 125 accounted an for increase in employment during the period and 87 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Oakland County

Given the industries in the area, the Employment services industry witnessed the largest drop in employment, losing a total of 10,352 jobs during the time period. The jobs lost in the Employment services industry make up 11.5 percent of the total job loss in Oakland County, Michigan.

Top 5 Industries
1. Employment services (10,352 jobs lost)
2. Motor vehicle parts manufacturing (8,573 jobs lost)
3. Software publishers (4,729 jobs lost)
4. Department stores (3,734 jobs lost)
5. Building equipment contractors (3,465 jobs lost)

Employment for all industries has decreased by 8.5 percent since the 2nd Quarter of 2001. This is greater than percent in the State of Michigan, which saw a loss of -5.7 percent since the 2nd Quarter of 2001. The losses were greater than than the gain experienced overall in the US of 2.6 percent.

Oakland County Five-Year Percentage Growth in Employment

The Bakeries and tortilla manufacturing industry has seen the largest percentage job growth, expanding by 331.6 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Oakland County has expanded faster than the industry job growth experienced in Michigan, where the industry felt a loss of 9.7 percent. The Bakeries and tortilla manufacturing industry in Oakland County outpaced the United States, which experienced a lost 7.7 percent of the industry employment.

Top 5 Industries
1. Bakeries and tortilla manufacturing (331.6 percent gain)
2. Emergency and other relief services (153.4 percent gain)
3. Cable and other program distribution (115.6 percent gain)
4. Other animal production (105.6 percent gain)
5. Other ground passenger transportation (82.3 percent gain)

Oakland County Five-Year Percentage Decline in Employment

The Textile furnishings mills industry has lost the largest amount of employment in terms of percentage, losing 91.1 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Michigan, where the industry sector experienced a loss of 10 percent. The losses in the Textile furnishings mills industry in Oakland County outpaced the US in terms of percent of decline of industry employment. The US lost 25.3 in percent of workers in the Textile furnishings mills industry.

Top 5 Industries
1. Textile furnishings mills (91.1 percent decline)
2. Software publishers (81.6 percent decline)
3. Local messengers and local delivery (81.2 percent decline)
4. Paper and paper product merchant wholesalers (68.3 percent decline)
5. Support activities for air transportation (62.7 percent decline)





About: This report is part 2 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Oakland County One-Year Industry Employment Change

Given the 225 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 135 showed an escalation in the number employed, while 90 industry sectors reported declines during the time period.

Total One-Year Employment Growth in Oakland County

The Computer systems design and related services industry has accounted the most employment growth with a total of 744 jobs added during the time period. These new jobs in the Computer systems design and related services industry makes up 8.4 percent of the total growth in Oakland County.

Top 5 Industries
1. Computer systems design and related services (744 new jobs)
2. Offices of physicians (456 new jobs)
3. Limited-service eating places (455 new jobs)
4. Full-service restaurants (422 new jobs)
5. General medical and surgical hospitals (416 new jobs)

In Oakland County, Michigan, the total number of workers for all sectors has decreased by 19,160 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Oakland County

Of the area's industries (4-digit NAICS), the Employment services industry experienced most substantial job loss, losing 5,673 jobs. The declines in the Employment services industry make up 22.2 percent of the total employment decline in Oakland County, Michigan.

Top 5 Industries
1. Employment services (5,673 jobs lost)
2. Motor vehicle parts manufacturing (2,279 jobs lost)
3. Investigation and security services (827 jobs lost)
4. Management of companies and enterprises (820 jobs lost)
5. Architectural and engineering services (677 jobs lost)

Total employment has decreased by 2.9 percent from the reported values in 2005. These values are greater than growth in Michigan, experiencing a loss of -1.1 percent from 2005 (2nd Quarter). The losses felt were greater than than the gain seen for the United States of 2.0 percent.

Oakland County One-Year Percentage Growth in Employment

The Farm product raw material merch. whls. industry has witnessed the largest percentage of employment expansion, increasing by 83.3 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Oakland County has increased employment faster than the growth seen in the industry for Michigan, where the industry felt a gain of 1.6 percent. The Farm product raw material merch. whls. industry in Oakland County outpaced the national average, which felt a lost 1.3 percent of the industry employment.

Top 5 Industries
1. Farm product raw material merch. whls. (83.3 percent gain)
2. Sugar and confectionery product manufacturing (62.7 percent gain)
3. Other information services (42.7 percent gain)
4. Support activities for animal production (23.1 percent gain)
5. Waste treatment and disposal (21.1 percent gain)

Oakland County One-Year Percentage Decline in Employment

The Other heavy construction industry has seen the largest percentage drop in employment, losing 64.7 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of Michigan, where the industry sector experienced a loss of 25.5 percent. The losses in the Other heavy construction industry in Oakland County outpaced the US in terms of percent of decline of industry employment. The US gained 4.4 percent in terms of employees in the Other heavy construction industry.

Top 5 Industries
1. Other heavy construction (64.7 percent decline)
2. Unclassified (62.2 percent decline)
3. Support activities for crop production (41.4 percent decline)
4. Book, periodical, and music stores (32 percent decline)
5. Iron and steel mills and ferroalloy mfg. (31.7 percent decline)





About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Income and Poverty in Oakland County, Michigan

The areas median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $64,022, which amounts to a 11.6 percent decline. Oakland County, Michigan, when comparing total percent of decline, ranks 15 of 28 counties in percent of decline for the household income level in the State of Michigan. Oakland County ranks 157 of 668 counties (or parishes) in terms of the decline in median income in the US.

When analyzed against other counties (and parishes) in the US, Oakland County was reported to have a very high median income for all households of $72,431 (Adjusted to 2005 Dollars). This figure is 27.8 percent higher than the household income median in State of Michigan of $52,260 and the income level is 32.2 percent higher than the median household income level in the US of $49,133.

Black or African American headed households had median income levels that were 17.5 percent less than the overall reported level in 2000, with a reported median of $59,757. In Oakland County, Michigan White householders had a median household income (in 2005 Dollars) of $73,869 as reported in 2000 by the census, which was 2 percent greater than the median in 2000. The American Indian and Alaska Native households in Oakland County reported a median household income of $60,090, which was 17 percent less than the areas median level for all households. It was reported in 2000 that the Asian headed households had median household incomes of $89,597. This income level is 23.7 percent greater than the reported median household income for all households in the area. Hispanic households in Oakland County, Michigan recorded a median income of $57,092, this median is 21.2 percent less than the areas median income level for all households.

As the median household income witnessed a decline during the period of 2000 to 2005 in Oakland County, Michigan, the Race/Ethnicity group that experienced the largest decline in median household income was the Black or African American category. This group felt a decline of 20.9 percent since 2000. The Asian population category was least influenced by the median household income decline in Oakland County, undergoing a 5 percent decline in household income, since the reported levels in 2000.

The poverty rate in Oakland County, Michigan has increased by 1.1 percent since the 2000 rates, moving from 5.5 percent to 6.6 percent.

When put side-by-side with other counties (or parishes) throughout the United States, Oakland County, Michigan can be recognized as having a very low rate of poverty among the people, accounting a rate of 5.5 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 12.4 percent of the 2000 population living in poverty. People that are of the age 75 years and over have the most percent of people living in poverty in Oakland County, accounting 8 percent of this demographic group living with incomes under poverty.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Housing Report for Oakland County, Michigan

Throughout the State of Michigan, Oakland County is positioned 41 of 83 by percent in growth of new residential structures. The county places 1,030 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

The residential home values in Oakland County, Michigan have seen large increases since their reported values in 2000. The values have increased by $47,300, or 26.1 percent, since 2000 when they were valued at $181,200.

In Oakland County, there were a total of 519,056 housing structures in 2005. The area has seen growth in housing units, adding in all 20,612 homes since 2001, or 4.1 percent.

Oakland County may be be described as having a relatively high proportion of high-valued homes. In 2005, the American Community Survey reports that 10.1 percent owner-occupied dwelling are valued over a half a million dollars.

Oakland County had a median home value in the year 2005 of $228,500, published by the American Community Survey. This median is greater than the Michigan 2005 home median value of $149,300 and greater than median owner-occupied dwelling value of $167,500 across the nation during that year.

According to the data, there is a limited amount of housing that is affordable in Oakland County, Michigan. In 2005, 13.8 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

Employment Report for Oakland County, Michigan -- Annual 2005 Industry Summary

Educational services saw the biggest increase in jobs since the year 2001 in Oakland County, changing a total of 33.4 percent. This is greater than the national sector change of 13.8 percent. The State of Michigan experienced a change in employment in the sector of 32.7 percent, in the duration of 2001 to 2005.

Management of companies and enterprises has the largest employers in Oakland County. In the County, the industry averages 87 jobs per establishment, which is greater than the industry's average at the national level of 40 and greater than the Michigan average establishment size of 85 for the Management of companies and enterprises industry.

In Oakland County, Professional and technical services, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Professional and technical services provides the most jobs and contributes 13.5 percent of all the jobs in the county. This makes up 89,069 individuals. The Health care and social assistance and Retail Trade industries total 13 and 12.2 percent of the total jobs, respectively.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Oakland County. The sector dealt with a loss of 23,356 total jobs during the period, accounting for 23.1 percent of the employment in the industry. This made up a total of 41.1 percent of the total jobs loss in the County.

In Oakland County, Professional and technical services, Management of companies and enterprises and Administrative and waste services are the three industries with the highest location quotients. The Professional and technical services sector has a United State LQ of 2.11. The level of employment in the Professional and technical services sector is 2.11 times the percent of the national average, This signifies that Oakland County produces more than its local requirement of products and/or services of Professional and technical services.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).