Oakland County Executive L. Brooks Paterson released the first quarter job growth rate today crediting the Emerging Sectors initiative as the reason the county beat the region and state in job creation.
“We lost 60,000 jobs in 2010 because of the GM and Chrysler bankruptcies. Now we have replaced those jobs and then some,” County Executive L. Brooks Patterson said today. “Our Emerging Sectors initiative to attract sustainable, high-paying, knowledge-based jobs is the reason why we are rebounding.”
The Emerging Sectors initiative was launched by Patterson in 2004 to identify the top 10 sectors that “will attract and retain sustainable, high-paying jobs to the region in the 21st century”. Since its inception, 245 companies have invested $2.52 billion creating 29,248 jobs and retaining 13,418.
Oakland County added 25,000 jobs, or 3.9 percent, in the first quarter of 2013 according to the county based on figures from the Bureau of Labor Statistics said. During the same period employment in the Detroit-Warren-Dearborn Metropolitan Statistical Area and Michigan grew by 2.6 and 2.2 percent respectively. There were 666,040 jobs in the county in the first quarter was the highest first quarter employment since 2008.
Patterson pointed out that earlier this year, University of Michigan economists George Fulton and Don Grimes forecasted much of Oakland County's job growth would be in the high-wage category. Their prognostication was correct according to the Bureau of Labor Statistics. In the professional and business services sector, employment was up 7.9 percent in the first quarter of 2013, and up 26.3 percent since 2009. The average weekly wage in this sector was $1,320 in the first quarter compared to the $1,072 average for all industries. The regional growth in that sector was 3.3 percent.
Other articles and white papers of interest:
- Additional job search tips– home page for several articles
- Grow your resume– educational, certification, and other ways to enhance your resume
- Job search myths– a series separating myths from reality for job seekers.
- Management styles- three types.
- Corporate structures- from entrepreneur to conglomerate.
Top advice during your job search
- How to Find a Job: When There Are No Jobs: a necessary job search book and career planning guide for surviving and prospering in today's hyper competitive job market.
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- Your Social Media Job Search: Use LinkedIn, Twitter, and other tools to get the job you want!