northwest highway industrial corridor · 2020. 2. 7. · industrial jobs in quarter mile employment...

4
NORTHWEST HIGHWAY INDUSTRIAL CORRIDOR

Upload: others

Post on 12-Oct-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: NORTHWEST HIGHWAY INDUSTRIAL CORRIDOR · 2020. 2. 7. · Industrial Jobs in Quarter Mile Employment Growth Industrial Wage 2017 (2010-2017 CAGR) 1.8% 2.5%Industrial Jobs in Corridor

NORTHWEST HIGHWAY INDUSTRIAL CORRIDOR

Page 2: NORTHWEST HIGHWAY INDUSTRIAL CORRIDOR · 2020. 2. 7. · Industrial Jobs in Quarter Mile Employment Growth Industrial Wage 2017 (2010-2017 CAGR) 1.8% 2.5%Industrial Jobs in Corridor

2.6%

0.6%

2.2%

All Chicago Jobs

Industrial Jobs in Corridor

Industrial Jobs in QuarterMile

Employment Growth (2010-2017 CAGR)

1.8%

2.5%

3.6%

All Chicago Jobs

Industrial Jobs in Corridor

Industrial Jobs in Quarter Mile

Wage Growth (2010-2017 CAGR)

1,224

1,094

1,040

1,004

867

18. Western / Ogden

19. Ravenswood

20. NorthwestHighway

21. Peterson

22. Knox

Industrial Jobs 2017 (Job Count & Rank of 26)

1.3%

0.8%

0.6%

0.6%

0.4%

10. Pulaski

11. Roosevelt/Cicero

12. NorthwestHighway

13. Little Village

14. Kinzie

Industrial Job CAGR 2010-2017 (CAGR & Rank of 26)

$51,353

$50,302

$50,041

$45,179

$44,942

19. Western / Ogden

20. Pullman

21. NorthwestHighway

22. Wright BusinessPark

23. Elston / Armstrong

Industrial Wage 2017 (Average Wage & Rank of 26)

2.7%

2.7%

2.5%

2.2%

2.1%

6. Wright BusinessPark

7. Peterson

8. Northwest Highway

9. Addison

10. Calumet

Industrial Wage CAGR 2010-2017 (CAGR & Rank of 26)

DATA SNAPSHOT: NORTHWEST HIGHWAY INDUSTRIAL CORRIDOR

Page 3: NORTHWEST HIGHWAY INDUSTRIAL CORRIDOR · 2020. 2. 7. · Industrial Jobs in Quarter Mile Employment Growth Industrial Wage 2017 (2010-2017 CAGR) 1.8% 2.5%Industrial Jobs in Corridor

3,5

38

3,4

91

3,5

26

3,5

39

3,3

05

3,2

82

3,3

17

3,1

89

3,0

63

3,0

81

3,1

09

3,0

57

2,9

84

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Corridor Employment Totals by Year $32,1

36

$32,6

28

$34,3

14

$36,0

42

$35,8

79

$35,3

48

$35,8

15

$36,6

11

$38,2

70

$39,0

05

$39,3

82

$42,3

62

$40,8

38

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Corridor Average Wage by Year

140

120

70

60

40

40

30

10

10

10

Bakeries

Coating / Engraving

Printing

Metalworking Machinery…

Measuring Instrument MFG

Other Fabricated Metal…

Machine Shops

Soap MFG

Household Furniture MFG

Electric Lighting MFG

Employment by Manufacturing Industry: Top 10

52,130

51,280

46,890

46,300

45,100

43,450

39,460

36,240

32,040

27,670

Machine Shops

Metalworking Machinery…

Coating / Engraving

Printing

Household Furniture MFG

Soap MFG

Other Fabricated Metal…

Converted Paper MFG

Office Furniture MFG

Measuring Instrument 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 40 $29,090 No formal educational

credential

Machinists 40 $38,400 High school diploma or

equivalent

Light Truck or Delivery Services Drivers 40 $38,610 High school diploma or

equivalent

Maintenance and Repair Workers, General 30 $44,810 High school diploma or

equivalent

Carpenters 30 $80,350 High school diploma or

equivalent

Packers and Packagers, Hand 30 $27,600 No formal educational

credential

Bakers 30 $24,250 No formal educational

credential

Plating and Coating Machine Setters, Operators, and

Tenders, Metal and Plastic 20 $29,720

High school diploma or

equivalent

Construction Laborers 20 $67,050 No formal educational

credential

Automotive Service Technicians and Mechanics 20 $46,730 Postsecondary

nondegree award

Page 4: NORTHWEST HIGHWAY INDUSTRIAL CORRIDOR · 2020. 2. 7. · Industrial Jobs in Quarter Mile Employment Growth Industrial Wage 2017 (2010-2017 CAGR) 1.8% 2.5%Industrial Jobs in Corridor

Employment by Sector: 2005 – 2017

Sector 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Change %Change

Goods Producing 606 621 609 590 524 538 546 547 529 562 597 572 557 -49 -8.1%

Industrial Related Services 1,965 2,000 2,083 2,133 1,964 1,937 1,991 1,894 1,778 1,749 1,738 1,750 1,699 -266 -13.6%

Office Related Services 675 653 619 611 619 602 563 511 551 543 558 525 495 -180 -26.7%

Education and Health Care Services 56 33 35 34 34 33 37 38 35 37 38 36 37 -19 -33.3%

Retail, Hospitality and Entertainment Services 236 185 180 171 164 172 181 199 170 191 179 173 197 -40 -16.8%

Total Employment 3,538 3,491 3,526 3,539 3,305 3,282 3,317 3,189 3,063 3,081 3,109 3,057 2,984 -554 -15.7%

Total Employment

Employment by Sector

0

500

1,000

1,500

2,000

2,500

GoodsProducing

IndustrialRelatedServices

Office RelatedServices

Education andHealth CareServices

Retail,Hospitality andEntertainmentServices

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000