Exploring The Chicago Job Market

by Sr. Editor on February 18, 2008

Exploring Chicago apartments for rent without a job lined up is a crapshoot at best. Still, if you’re looking at moving to this city, the potential for landing a position is high. This area has historically had and continues to have a favorable economic outlook.

Vibrant and growing Chicago

chicago city, apartments, skyscrapers, rentals, housing by Wesley Fryer's photostream
Photo by: wfryer

Although Chicago, like most other major cities in the U.S., is experiencing a bit of a pinch brought on by gas prices and sub-prime mortgage problems, the overall job picture here is good. As you look at Chicago apartments for rent, you’re likely to discover that new jobs are being added in this region all the time. In fact, according to the Illinois Department of Employment Security, more than 5,000 jobs were added in the state in the month of December 2007 alone. The state has lead job growth for the Midwest every year since 2004.

Healthcare is expected to create the most of the new jobs, closely followed by the restaurant and hotel sector and the business services sector. However, manufacturing is projected to loose about 20,500 jobs by 2012. If you are in the transportation and distribution segment you are in luck because it will remains strong. The exports from Chicago are increasing at about twice the national rate. Chicago ranks as the second largest air import district in the USA. Chicago’s local wholesale trade sector will create an additional 32,000 jobs by 2012. Chicago is headquarters to 30 Fortune 500 companies and 12 Fortune Global 500 companies. There are currently 98 corporate headquarters in Chicago.

How easy or how difficult it will be for you to land a great job as you look at Chicago apartments for rent is likely to depend on the field you are interested in. Chicago’s top industries include such things as construction, education, health care, government, financial services, manufacturing, trades and information technology.

Business is growing in Chicago

Looking for a job in Chicago while looking at Chicago apartments is a bit of a gamble, but it can pay off. With major employers here that include the Ford Motor Co., St. James Hospital, the state and local government agencies and the school system, there is generally someone always hiring in one field or another.

While no one can tell you for sure if moving to Chicago without a job will pay off, there the odds are likely in your favor to land a position. If making 100 percent certain you do have a job to call your own before you sign on the dotted line for a Chicago apartment is important, take the time to explore the market as it relates directly to your field. Chances are good that most people will find something in this metropolis.

Top 5 resources for jobs and apartments in Chicago

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