MGT509 - SLP2 - Evan Brockway
MGT509 - SLP2 - Evan Brockway
MGT509 - SLP2 - Evan Brockway
Evan Brockway
Cynthia Keifer
Intoduction
Mayor Mike Duggan and other city officials have said that unemployment in Detroit has
reduced to 7% from 7.9% in August and 12.5% a year ago, citing the September 2022
Employment Data Report released this morning by the Department of Labor Statistics. As a
result of the city's consistent development and investment in its workforce, the unemployment
rate has dropped to levels not seen in Detroit since September of 2000. The goal of Detroit at
Work, the city's workforce development ecosystem, is to provide local businesses with access to
a pool of skilled workers while also providing residents of Detroit with access to rewarding
than 10,738 people have attended 61 job fairs hosted by Detroit at Work since January.
Daily, Detroiters are being employed for jobs and careers in expanding sectors like
manufacturing, information technology, and healthcare. Detroit at Work is the city's ecosystem
for developing its workforce, and it aims to do two things: increase the number of jobs available
to Detroiters of varying skill sets, and make it easier for employers to find the workers they need.
Detroit at Work is a one-stop shop for individuals and companies in need of assistance
expanding their human resource capabilities, including a network of career centers, recruitment
Experts believe that King Company management will be able to overcome any obstacles
to the company's growth and profitability because of the company's long track record. The
company's founding vision was to build high-quality components for the IT and computer
markets. The company's founder is a seasoned IT professional whose expertise allowed him to
construct one of the first computer assembly facilities. This new company saw above-average
sales growth thanks to significant demand. Yet, as competition grew and the IT industry shifted,
King Company saw its profits drop. The company's performance plummeted because expenses
were rising faster than revenue. The current priority for King Company's CEO is to assess the
effects of recent external developments and plot a road back to financial health.
Among the many external elements that can affect a company's output are the state of the
labor market and its expected future state. Many people in Detroit and the Midwest still harbor
resentment toward the King Corporation because of its problematic beginnings (Colby, 2019).
The high unemployment rate and the city's massive labor demands both contribute to
workplace instability. Detroit's elite often leave the city in search of more secure employment
and higher wages in other locations. As a result, a lot of companies can't find trustworthy
workers to fill their open positions. Most Detroiters are always on the lookout for better job
opportunities abroad. As a result of this tendency, the city's already high unemployment rate is
Detroit's labor market has serious issues due to its proximity to Canada. The proximity to
other modern Canadian cities, such as Toronto and Ottawa, has attracted many professionals
looking for higher salaries and more stable employment (Marjorie et al., 2019). Thus, the city's
administration and its businesses should alter their rules and laws to make it simpler to attract
In view of the volatile nature of the labor market, human resources departments have a
pressing need to use a number of strategies to prevent employees from actively seeking other
employment opportunities. The recruiting manager at The King Company instituted a bonus
program to incentivize and reward workers for regularly meeting and exceeding their weekly and
daily targets. It was ultimately unsuccessful because of the way it handled its staff, which
dampened creativity. Detroit is considered by Caurant and Lambert (2018) to be one of the most
imaginative cities in the United States because of the potential of its technical area. The
prospects of survival for a business are diminished when local regulation is inconsistent and has
a negative impact. So, it is critical for the business owner and the head of human resources to
realize that diversity may be inadequate among the employees. Employees need to collaborate
and explore all possible means of upgrading technology components if they lack a high level of
Conclusion
It is clear that Detroit has great potential to emerge as a leading innovator in the United
professionals stem from local governments that are unwilling to reform their laws. The King
Company, which was an early pioneer in the supply of technical goods, has the resources to
remain in operation, but it has been forced out of the market by forces beyond the control of its
Caurant, G. and Lambert, T. (2018). The lighting technology od Detroit: Become Human. Game
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Colby, (2019). The Detroit Labor Market: Recent Trends, Current Realities. Retrieved from
https://poverty.umich.edu/files/2019/10/Detroit-labor-market-holzer-rivera-102019-1.pdf
Detroit, (2022). City of Detroit unemployment rate matches 20-year low, more than 10,000 jobs available
low-more-10000-jobs-available-today#:~:text=DETROIT%20%E2%80%93%20Mayor%20Mike
%20Duggan%20and,12.5%25%20this%20time%20last%20year.
Livengood, (2019). Why Jobs are Plentiful While Workers are Scarce. Retrieved from
https://www.imf.org/en/Blogs/Articles/2022/01/19/why-jobs-are-plentiful-while-workers-are-scarce
Marjorie et al., (2019). Do labour market reforms reduce labour - proquest. Retrieved from
https://www.proquest.com/docview/1640798208?parentSessionId=zzq+CMOXlz6yZ/
9XLSLc2hlDWBZMfYt+5iDYMZHuAWw=&pq-origsite=summon&accountid=28844