Detroit Sees Steady Job Growth In Professional & Business Sector
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The professional and business services sector has seen an employment increase in Detroit and the metro areas of Livonia and Dearborn. This region is experiencing a solid period of growth within this vast industry, and numbers are projected to rise years into the future.
The professional and business services sector includes any industry that provides a service — not creating a product, but an intangible commodity that someone needs. Many different types of jobs fit within this category. Extremely varied in scope, these industries can be simplified into three categories: professional, scientific and technical services. The United States relies heavily on the professional and business services sector, using it as a general reference point for indicating the economic health of the nation.
According to current employment statistics from the Michigan Department of Technology, Management & Budget (DTMB), the Detroit metro area has achieved a 2.04 percent increase in job growth in professional and business services since the same time last year. Job growth right now is looking especially bright, with 5,400 new jobs added from February to March. Industry employment data shows the wider metropolitan region holding steady with a total of 713,400 employed in the workforce at this time.
Current employment statistics for the state of Michigan are even better, showing an impressive increase that illustrates the amount of growth that can be achieved. According to data collected by the DTMB, the professional and business services sector statewide has 254,300 positions as of February and experienced an overall growth of 4.05 percent from 2012 to 2013. Long-term industry projections for the professional and business services sector reveal strong growth at least through 2018.
After receiving a BA in Photography from Savannah College of Art & Design, Nicole Wrona began working with a diverse range of musicians. In addition, she is a freelance writer for numerous publications. Her work can be found at www.metalleaves.com and Examiner.com.