Chicago, Illinois Overview America's third most populous city has over two million residents, with seven million ...
Chicago, Illinois Overview
America's third most populous city has over two million residents, with seven million residents in the major metropolitan area. Chicago is home to two international airports and serves as a global business center. Chicago is home to a stock exchange, a mercantile exchange and houses Chase Bank's retail headquarters, making it a worldwide financial hub. Chicago's reputation includes a diverse population of multiple ethnic groups, a brisk and windy weather outlook and a considerable amount of theater entertainment and culture. The city also boasts a large public transportation system.
The cost of living in Chicago is 0.6 percent below the national average. In recent years, Chicago has seen a slight decline in its number of residents, with 5,410 people leaving in 2013. The median household income is $60,334, which is considerably higher than the national median of $51,017. The median price of a home is $192,700, which saw an 8.7 percent increase in 2013, after a dip of over 10 percent in 2011. The Chicago area features three major forms of public transportation, meaning that transportation costs, on average, are quite low for city-dwellers, which is good news for those searching for jobs in Chicago.
Chicago Job Opportunities
According to Chicago Business, the four top employers for Chicago, IL jobs are within the government, with the top spot belonging to the U.S. Government, which employs almost 50,000 Chicago residents. Advocate Health Care, coming in at fifth on the list, provides 18,512 Chicago jobs after experiencing a 10.8 percent growth.
If you're raising a family and don't want to live in the center of a big city, consider searching for jobs in Downers Grove, IL instead of jobs in Chicago, IL. The city is one of the best-ranked places to raise children.
Chicago Employment Trends
As of July 2014, Forbes reports that Chicago has a 7.4 percent unemployment rate, and that its 2013 job growth was 1.5 percent. Forbes ranks Chicago as number 107 on their list of Best Places for Business and Careers.
Collectively, business and financial services industries employ over one million people in Chicago. The Chicago healthcare industry employs 535,000 people in 91 hospitals, private offices and medical education. Chicago also has 405,000 people working in the manufacturing industry, with an uptick in environmentally friendly building and technology-based manufacturing. Chicago is also home to several major universities, including the University of Chicago, Chicago State University and Loyola University Chicago. Take advantage of this large number and look for education jobs in Chicago. Find Chicago jobs across a wide variety of industries to find the best fit.