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STOCKYARDS INDUSTRIAL CORRIDOR

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Page 1: STOCKYARDS INDUSTRIAL CORRIDOR...2020/02/10  · Laborers and Freight, Stock, and Material Movers, Hand 640 $29,090 No formal educational credential Packers and Packagers, Hand 440

STOCKYARDS INDUSTRIAL CORRIDOR

Page 2: STOCKYARDS INDUSTRIAL CORRIDOR...2020/02/10  · Laborers and Freight, Stock, and Material Movers, Hand 640 $29,090 No formal educational credential Packers and Packagers, Hand 440

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

Page 3: STOCKYARDS INDUSTRIAL CORRIDOR...2020/02/10  · Laborers and Freight, Stock, and Material Movers, Hand 640 $29,090 No formal educational credential Packers and Packagers, Hand 440

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

Page 4: STOCKYARDS INDUSTRIAL CORRIDOR...2020/02/10  · Laborers and Freight, Stock, and Material Movers, Hand 640 $29,090 No formal educational credential Packers and Packagers, Hand 440

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