Recent Articles

December 22, 2016

Local Employment Trends November 2016

Today, the Illinois Department of Employment Security (IDES) released preliminary November 2016 labor market estimates for municipalities across the state based on the current population survey (or “household survey”). The following…

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December 21, 2016

November Home Prices and Sales Up Over Last Year

Today, the Illinois Association of Realtors (IAR) reported that year over year residential sales in the city of Chicago increased by 13.2%, with 1,881 sales in November 2016 compared to 1,661 sales in…

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December 21, 2016

Chicago Tourism Metrics, November 2016

Making Chicago a premier destination for tourism and entertainment is a major part of Mayor Rahm Emanuel’s Plan for Economic Growth & Jobs that WBC is implementing to drive growth in Chicago.…

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December 07, 2016

Midwest Job Openings & Hiring Activity, October 2016

Today, the Bureau of Labor Statistics (BLS) released October 2016 figures from its Job Openings & Labor Turnover Survey (JOLTS), which tracks job openings, hires, and separations (quits, layoffs and…

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December 01, 2016

Midwest Job Openings & Hiring Activity, December 2016

Today, the Bureau of Labor Statistics (BLS) released December 2016 figures from its Job Openings & Labor Turnover Survey (JOLTS), which tracks job openings, hires, and separations (quits, layoffs and…

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November 30, 2016

Chicago Metro Unemployment Rate at 5.5% in October

This morning, the U.S. Bureau of Labor Statistics (BLS) released preliminary October 2016 unemployment rates for all Metropolitan Statistical Areas (MSAs). The unemployment rate measures the percentage of the local…

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November 30, 2016

Index Shows Midwest Economic Growth Picked Up in October

Today, the Federal Reserve Bank of Chicago released October 2016 figures for its Midwest Economy Index (MEI). The MEI is a weighted average of 129 indicators designed to measure non-farm…

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November 30, 2016

Chicago Reaches Record Number of Jobs Since 2001

Companies across all sectors continue to add office space and jobs

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