Local Employment Trends May 2016

Today, the Illinois Department of Employment Security (IDES) released preliminary May 2016 data on unemployment rates for municipalities across the state based on the current population survey (or “household survey”). The…

World Business Chicago Publishes 2015 Annual Report

World Business Chicago’s 2015 Annual Report outlines WBC’s impact in and around Chicago

Global Mayors and Leaders Convene in Chicago

Mayors and government leaders from Chicago’s sister cities recently convened in Chicago as part of the Chicago Forum on Global Cities. The group included Leader of City Council John Clancy…

McDonald’s to Move Corporate Headquarters to Chicago

Subheading Goes Here McDonald’s Corp. recently announced that it will move its corporate headquarters to downtown Chicago by the spring of 2018. The company signed a lease at 1045 W. Randolph…

May Home Prices and Sales Up Over Last Year

Today, the Illinois Association of Realtors (IAR) reported that residential sales in the city of Chicago increased by 5.0% since last year, with 2,887 sales in May 2016 compared to 2,750 sales…

Chicago Tourism Metrics, May 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.…

Chicago by the Numbers June 2016

World Business Chicago tracks indicators from month to month to gauge the strength of several aspects of Chicago’s economy, including employment in major sectors, residential and office real estate data,…

Midwest Job Openings & Hiring Activities

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

Chicago Metro Unemployment Rate Increases to 6.2% in April

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

Index Shows Midwest Economic Growth Remained Steady in April

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

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