CityScapes – Detroit

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					CityScapes – Detroit
                                                                                         Information current as of 1/16/2009

Metro Career Resources
The Detroit metropolitan area, often referred to as Metro Detroit, is the metropolitan area located in Southeast
Michigan centered on the city of Detroit. As the home of the "Big Three" American automakers (General Motors,
Ford, and Chrysler), it is the world's traditional automotive center and a key pillar of the U.S. economy. The
region's nine county area with its population of 5.4 million has a workforce of nearly 2.8 million with about 240,000

Metro Detroit has made Michigan's economy a leader in information technology, life sciences, and advanced
manufacturing; Michigan ranks fourth nationally in high tech employment with 568,000 high tech workers,
including 70,000 in the automotive industry. Michigan typically ranks third or fourth in overall Research &
development (R&D) expenditures in the United States. Metro Detroit is an important source of engineering job
opportunities. The domestic auto industry accounts, directly and indirectly, for one of ten jobs in the United States.

Metro Detroit shared in the economic difficulties brought on by the severe stock market decline following the
September 11, 2001 attacks which had caused a pension and benefit fund crisis for American companies
including General Motors, Ford, and Chrysler. The American auto companies are proving to be more resilient than
other affected industries as each implements its respective turnaround plan. Although retiree health care costs
remain a significant issue, General Motors' investment strategy has generated a $17.1 billion pension fund
surplus, an increase of $9.6 billion in 2006, moving the company closer to achieving its turnaround plans. During
the Economic crisis of 2008, President George W. Bush extended loans from the Troubled Assets Relief Program
(TARP) funds in order to help the Big three automakers bridge the recession, after final passage of a similar
proposal had been blocked by a Republican filibuster in the U.S. Senate. The President extended the loans to aid
the auto industry's restructuring plans which include a goal to convert long term debt into equity and to make
costs competitive.

Metro Detroit serves as the headquarters for the U.S. Army Tank-Automotive and Armaments Command, known
as TACOM, with Selfridge Air National Guard Base. Detroit Metropolitan Airport (DTW) is one of America's largest
and most recently modernized facilities, with six major runways, Boeing 747 maintenance facilities, and an
attached Westin Hotel and Conference Center. Detroit has major port status and an extensive toll-free
expressway system. A 2004 Border Transportation Partnership study showed that 150,000 jobs in the Detroit-
Windsor region and $13 billion in annual production depend on Detroit's international border crossing. A source of
top talent, the University of Michigan in Ann Arbor is one of the world's leading research institutions, and Wayne
State University in Detroit has the largest single-campus medical school in the United States.

 In 2004, led by Metro Detroit, Michigan ranked second nationally in new corporate facilities and expansions.
From 1997 to 2004, Michigan was the only state to top the 10,000 mark for the number of major new
developments. Metro Detroit is a leading corporate location with major office complexes such as the Renaissance
Center, the Southfield Town Center, and Cadillac Place with the Fisher Building in the historic New Center area.
Both BorgWarner and TRW Automotive Holdings chose Metro Detroit for their new headquarters. Compuware,
IBM, Google, and Covansys are examples information technology and software companies with a headquarters
or major presence in Metro Detroit. Electronic Data Systems (EDS) makes Metro Detroit its regional
headquarters, and one of its largest global employment locations. The area is home to Rofin-Sinar, a leading
maker of lasers. The metropolitan Detroit area has one of the nation's largest office markets with 147,082,003
square feet. Virtually every major U.S company and many from around the globe have a presence in Metro
Detroit. Chrysler's largest corporate facility is its U.S. headquarters and technology center in the Detroit suburb of
Auburn Hills. Downtown Detroit reported $1.3 billion in restorations and new developments for 2006.

Detroit is the largest city in the U.S. state of Michigan and the seat of Wayne County. Detroit is a major port city
on the Detroit River, in the Midwest region of the United States. Located north of Windsor, Ontario, Detroit is the
only major U.S. city that looks south to Canada. It was founded in 1701 by the Frenchman Antoine de la Mothe
It is known as the world's traditional automotive center — "Detroit" is a metonym for the American automobile
industry — and an important source of popular music, legacies celebrated by the city's two familiar nicknames,
The Motor City and Motown. Other nicknames emerged in the twentieth century, including Rock City, Arsenal of
Democracy (during World War II), The D, D-Town, Hockeytown, and The 3-1-3 (its telephone area code). In
2007, Detroit ranked as the United States' eleventh most populous city. At its peak in 1950 the city was the fourth
largest in America, but has since seen a major shift in its population to the suburbs.

Detroit and the surrounding region constitute a major manufacturing center, most notably as home to the Big
Three automobile companies, General Motors, Ford, and Chrysler. The city is an important center for global trade
with large international law firms having their offices in both Detroit and Windsor. About 80,500 people work in
downtown Detroit, comprising 21% of the City's employment.

There are about four thousand factories in the area. The domestic auto industry is primarily headquartered in
Metro Detroit. New vehicle production, sales, and jobs related to automobile use account for one of every ten jobs
in the United States. The area is also an important source of engineering job opportunities. A 2004 Border
Transportation Partnership study showed that 150,000 jobs in the Windsor-Detroit region and $13 billion in annual
production depend on the City of Detroit's international border crossing.

The Detroit area is accustomed to the economic cycles of the auto industry. A rise in automated manufacturing
using robot technology, inexpensive labor in other parts of the world, and increased competition have led to a
steady transformation of certain types of manufacturing jobs in the region. Local complications for the city include
higher taxes than the nearby suburbs, with many unable to afford the levies on property. In June 2008,
metropolitan Detroit's unemployment rate was 9.7%. In the city, the unemployment rate was 14.2% at the end of
2005, leaving Detroit with more than one-third of residents below the poverty line. This is in part attributed to white
flight following court-ordered busing during the 1970s. Parts of the city have abandoned and burned out shells of
buildings. Though the city has struggled with finances, since 2006 it has balanced its budget with more funding
available to demolish blighted properties.

Firms in the suburbs pursue emerging technologies including biotechnology, nanotechnology, information
technology, cognotechnology, and hydrogen fuel cell development. The city of Detroit has made efforts to lure the
region's growth companies downtown with advantages such as a wireless Internet zone, business tax incentives,
entertainment, an international riverfront, and residential high rises. Thus far, the city has had some success,
most notably the addition of Compuware World Headquarters, OnStar, EDS offices at the Renaissance Center,
PricewaterhouseCoopers Plaza offices adjacent to Ford Field, and the 2006 completion of Ernst & Young's offices
at One Kennedy Square. However, Comerica Bank decided to move its headquarters from Detroit to Dallas in
2007 while maintaining its substantial presence in the region. On November 12, 2007, Quicken Loans announced
its development agreement with the city to move its world headquarters, and 4,000 employees, to downtown
Detroit, consolidating its suburban offices, a move considered to be a high importance to city planners to
reestablish the historic downtown. The construction sites reserved for development by the agreement include the
location of the former Statler on Grand Circus Park and the former Hudson's location. Medical service providers
such as the Detroit Medical Center and Henry Ford Hospital are major employers in the city.

Casino gaming plays an important economic role, with Detroit the largest city in the United States to offer casino
resorts. Caesars Windsor, Canada's largest, complements the MGM Grand Detroit, MotorCity Casino, and
Greektown Casino in Detroit. Though the casinos have brought new tax revenue and jobs to the city, the city still
has high unemployment. Gaming revenues have grown steadily, with Detroit ranked as the fifth largest gambling
market in the USA for 2007. However, when Casino Windsor is included, Detroit's gambling market ranks third or
fourth. In 2006, downtown Detroit reported $1.3 billion in restorations and new developments which increased the
number of construction jobs in the city.

Basic Demographics   ,_MI_MSA
    •   Statistical area                      Detroit-Warren-Livonia
    •   Largest cities                        Detroit
    •   Nickname                              Metro Detroit, Southeast Michigan
    •   State                                 MI
    •   2007 Population                       4,467,592
    •   2000 Population                       4,452,559
    •   Population Change                     +0.34%
Job Postings, Temp Agencies, Job Fairs
    •   Back Page
    •   Craigslist
    •   Crain’s Detroit Business Classifieds
    •   Employment Guide,%20MI&radius=50&sort=date:D:S:d1&switchsite=detroit
    •   Job Hunt
   •   MLive Jobs
   •   Michigan Talent Bank
   •   Preferred Jobs

Business Clubs/Professional Organizations
   •   Business and Professional Women
   •   Detroit Economic Growth Corporation
   •   Detroit Jaycees
   •   Detroit Regional Chamber of Commerce
   •   Financial Executives International
   •   Michigan Association of Certified Public Accountants
   •   Rotary Club of Detroit
   •   Society for Marketing Professional Services
   •   Toastmasters International

Periodicals for Business and City-life Interest
   •   City Guide
   •   City Search
   •   Crain’s Detroit Business
   •   Crain’s Detroit Business Book of Lists
   •   DBusiness
   •   Detroit Free Press (daily newspaper)
   •   Detroit Home
   •   Detroit Independent
   •   Detroit Monitor
   •   Detroit News (daily newspaper)
   •   Frommer’s Guide to Detroit
   •   Hour Detroit
   •   Metro Times
   •   Michigan Chronicle
   •   Michigan Citizen
   •   Michigan in Play

Living Information
   •   America Housing
   •   Cost of Living 
   •   Detroit Department of Transportation
   •   Detroit Metropolitan Wayne County Airport (DTW)
   •   Meetup
   •   Official city website
   •   Open Table Restaurant Reservations
   •   Police Department
   •   Pure Michigan
   •   Roommate Access
   •   Suburban Mobility Authority for Regional Transportation (SMART)
   •   Visit Detroit
   •   Zagat Ratings

Best Companies to Work For
Fortune 2008 List
    • Quicken Loans

Largest Companies
   •   Bank of America
•   Chrysler
•   Comcast
•   Comerica
•   Compuware
•   Covansys
•   Deloitte Touche
•   Dow Chemical Company
•   Electronic Data Systems (EDS)
•   Ernst & Young
•   Fifth Third Bank
•   Fiserv
•   Ford Motor Company
•   Ford Motor Company Credit Company
•   General Dynamics
•   General Motors
•   GMAC
•   Google
•   IBM
•   JP Morgan Chase
•   K-Dow Petrochemicals
•   Kelly Services
•   KPMG
•   Marathon Oil Company
•   National City Corp
•   OnStar
•   PricewaterhouseCoopers
•   ProQuest
•   Quicken Loans
•   Raymond James
•   Rofin-Sinar
•   Unisys
•   United States Army Tank-Automotive and Armaments Command (TACOM)
•   Verizon
•   Virchow Krause-Baker Tilly International

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