STOCKYARDS INDUSTRIAL CORRIDOR...2020/02/10 · Laborers and Freight, Stock, and Material Movers,...
Transcript of STOCKYARDS INDUSTRIAL CORRIDOR...2020/02/10 · Laborers and Freight, Stock, and Material Movers,...
STOCKYARDS INDUSTRIAL CORRIDOR
2.6%
-1.3%
-4.1%
All Chicago Jobs
Industrial Jobs in Corridor
Industrial Jobs in Quarter Mile
Employment Growth (2010-2017 CAGR)
1.8%
2.7%
0.7%
All Chicago Jobs
Industrial Jobs in Corridor
Industrial Jobs in QuarterMile
Wage Growth (2010-2017 CAGR)
15,742
8,745
6,715
6,562
6,508
1. North Branch
2. Stockyards
3. Calumet
4. Kinzie
5. Stevenson
Industrial Jobs 2017 (Job Count & Rank of 26)
-0.5%
-1.2%
-1.3%
-2.6%
-3.4%
19. Wright Business Park
20. Knox
21. Stockyards
22. West Pullman
23. Greater Southwest
Industrial Job CAGR 2010-2017 (CAGR & Rank of 26)
$61,144
$60,684
$60,642
$59,230
$58,795
6. Ravenswood
7. Peterson
8. Stockyards
9. Stevenson
10. Harlem
Industrial Wage 2017 (Average Wage & Rank of 26)
3.4%
3.4%
2.7%
2.7%
2.7%
3. Stevenson
4. Kinzie
5. Stockyards
6. Wright BusinessPark
7. Peterson
Industrial Wage CAGR 2010-2017 (CAGR & Rank of 26)
DATA SNAPSHOT: STOCKYARDS INDUSTRIAL CORRIDOR
15,3
76
15,0
85
14,5
80
13,8
79
12,6
08
12,2
77
11,9
23
12,4
12
12,3
74
12,2
35
12,8
99
11,6
92
11,0
69
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Corridor Employment Totals by Year
$39,7
67
$40,4
22
$41,7
09
$44,3
14
$44,1
19
$47,4
49
$50,5
08
$50,0
35
$50,6
47
$49,4
96
$51,5
52
$55,8
03
$56,9
12
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Corridor Average Wage by Year
1,460
510
420
370
350
300
250
240
230
140
Meat MFG
Office Furniture MFG
Other Electrical MFG
Forging
Steel MFG
Converted Paper MFG
Soap MFG
Other Food MFG
Bakeries
Basic Chemical MFG
Employment by Manufacturing Industry: Top 10
212,700
110,710
101,690
90,520
88,490
80,580
75,980
71,740
71,410
62,720
Electrical Equipment MFG
Petroleum / Coal MFG
Basic Chemical MFG
Steel MFG
Boiler MFG
Other Electrical MFG
Fruit / Vegetable MFG
Other Chemical MFG
HVAC MFG
Meat MFG
Employment Wage by Manufacturing Industry: Top 10
Most Common Manufacturing Occupations in Corridor
Occupation Jobs Median
Wage Education
Laborers and Freight, Stock, and Material Movers, Hand 640 $29,090 No formal educational
credential
Packers and Packagers, Hand 440 $27,600 No formal educational
credential
Heavy and Tractor-Trailer Truck Drivers 400 $48,890 Postsecondary
nondegree award
Slaughterers and Meat Packers 300 $29,410 No formal educational
credential
Assemblers and Fabricators, All Other, Including Team
Assemblers 280 $29,130
High school diploma or
equivalent
Light Truck or Delivery Services Drivers 230 $38,610 High school diploma or
equivalent
First-Line Supervisors of Production and Operating
Workers 190 $60,320
High school diploma or
equivalent
Inspectors, Testers, Sorters, Samplers, and Weighers 180 $38,130 High school diploma or
equivalent
Packaging and Filling Machine Operators and Tenders 180 $32,400 High school diploma or
equivalent
Industrial Truck and Tractor Operators 160 $36,750 No formal educational
credential
Employment by Sector: 2005 – 2017
Sector 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Change %Change
Goods Producing 8,211 7,900 7,919 7,183 6,223 6,040 5,950 5,945 5,910 5,640 5,781 5,118 5,090 -3,121 -38.0%
Industrial Related Services 4,092 4,025 4,150 4,197 4,116 3,934 4,097 4,104 3,977 3,937 4,526 4,129 4,003 -89 -2.2%
Office Related Services 1,364 1,341 691 684 541 614 855 1,313 1,480 1,587 1,552 1,393 992 -373 -27.3%
Education and Health Care Services 22 25 2 2 0 0 25 46 19 13 17 22 19 -3 -12.1%
Retail, Hospitality and Entertainment Services 1,687 1,794 1,817 1,814 1,728 1,690 996 1,003 988 1,058 1,023 1,031 965 -722 -42.8%
Total Employment 15,376 15,085 14,580 13,879 12,608 12,277 11,923 12,412 12,374 12,235 12,899 11,692 11,069 -4,307 -28.0%
Total Employment
Employment by Sector
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
GoodsProducing
IndustrialRelatedServices
Office RelatedServices
Education andHealth CareServices
Retail,Hospitality andEntertainmentServices
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000