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Chicago Employment – Career Prospects And Top Companies For Jobs

Chicago Employment – Career Prospects And Top Companies For Jobs

Chicago Employment – Demographics

Chicago was selected as one of the best places to live by Money magazine in 2002. This selection was primarily based on the city’s economy as well as education, cultural and recreational aspects.

The economy of Chicago, already favorable at the time the selection was made in 2002; is anticipated to continue rising.

Experts have predicted that the trend in rising jobs in the Chicago area will continue to be driven toward well educated employees. Following the tragic events of 9/11, like many other cities, Chicago lost many jobs; however the percentage of job loss in Chicago was far less than other major cities across the US.

Chicago Employment – Economic Outlook

Chicago has also ranked in the top ten metros for manufacturing plants. Despite the fact that Chicago has lost thousands of manufacturing jobs since 1970, the city still ranks as the second largest supplier of manufacturing jobs in the nation; coming in just behind Los Angeles.

Beyond the presence of manufacturing facilities in the city, which provides employment for thousands of employees;

Chicago is also home to the Federal Reserve Bank, Chicago Mercantile Exchange and Chicago Board of Trade as well as more than 30 Fortune 500 corporations.

Just a few of the Fortune 500 companies located in Chicago include Bank One, Boeing, Sara Lee, Smurfit-Stone Container Corporation,

Chicago Employment – Major Employers

The suburbs just outside of Chicago also play a tremendous role in the city’s economy, with many major employers located within just a few miles such as:

  • Kraft Foods
  • Con Agra
  • McDonald’s Corporation
  • Motorola
  • Sears
  • Walgreen Corp
  • United Airlines

Surprisingly, the largest employer in the Chicago area is the US Government itself; with more than 85,000 employees. Chicago Public Schools employs some 46,000 employees while the City of Chicago employs almost 40,000 people. Jewel-Osco comes in very closely behind and Cook County provides employment for more than 26,000 people.

Advocate Healthcare and SBC Communications both employ more than 20,000 people in the Chicago area. United Parcel Service, Walgreen Co, the State of Illinois, Target Corp., Abbot Laboratories, the Archdiocese of Chicago and United Airlines all employ more than 15,000 people in and just outside of Chicago.

Motorola Inc., Bank One Corp, University of Illinois at Chicago, University of Chicago, Sears, Roebuck and Co., and Chicago Transit Authority all employ between 12,000 and 15,000 people each.

Other major employers include the University of Chicago, Johnston R. Bowman Medical Center, Cook County Hospital, CNA Financial Corporation and the University of Chicago Hospital; all of which employ thousands of people each.

Chicago Employment – Career Prospects

At the current time, the healthcare industry ranks as the largest industry in Chicago with professional services, finance, insurance, manufacturing, accommodations, food service, retail trade, administration, transportation and educational services following closely behind.

While historically the city has played a major role in the meat packing industry as well as futures and commodities trading; today the secret to Chicago’s economic success seems to be directly linked to its diversity.

The city has one of the most diverse industrial makeups in the nation with pharmaceutical, air travel, leisure and entertainment services, oil, telecommunications and food processing corporations all located within the Chicago area. Chicago ranks #5 in the US when it comes to exports.

There have even been predictions that Chicago is on the brink of becoming a significant force in the global economy.
Through the year 2013, Chicago is expected to see an increase in employment in a number of industries including agricultural, transportation, communications, construction, finance, insurance, real estate and the services industry.

Chicago Predictions

There have even been predictions that Chicago is on the brink of becoming a significant force in the global economy.

Through the year 2013, Chicago is expected to see an increase in employment in a number of industries including agricultural, transportation, communications, construction, finance, insurance, real estate and the services industry.

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