This is the best it's been in years for job seekers in Oakland County, economists say. And the jobs pay well above the minimum wage.
"On the heels of its strongest two-year job growth in almost 20 years, Oakland County's economy will add nearly 42,000 jobs through 2015, say University of Michigan economists...
In their annual forecast of the Oakland County economy, Fulton and colleague Don Grimes of the U-M Institute for Research on Labor, Employment, and the Economy say that high-wage industries—with average pay of more than $62,000—accounted for more than half of the new private-sector jobs created during the recovery, a trend that will continue throughout the forecast horizon...
Overall, Fulton and Grimes say that Oakland remains among the better local economies in the nation, ranking 10th among 36 comparable U.S. counties on a series of measures that indicate future economic prosperity."