Jobs in Chicago, Illinois, United States
Live and Work in the Windy City: Jobs in Chicago
The city of Chicago is the US’s 3rd largest city in terms of population—it actually has more than 2.7 million residents! Adding to their hustle and bustle are its millions of visitors. In 2016 alone, Chicago welcomed 54 million local and international visitors! Luring them in (besides for business) are the Magnificent Mile and State Street, McCormick Place, the Chicago Cultural Center, Grant Park, Cloud Gate, Navy Pier, Museum Campus, the Chicago History Museum, the Willis Tower, to name a few tourist attractions. The overwhelming number of things to do and see in Chicago actually placed the city on Condé Nast Traveler’s list of “Top 10 Cities in the United States” in 2013!
Chicago is an international center for commerce, finance, technology, industry, transportation, and telecommunications. It is an alpha global city according to the Globalization and World Cities Research Network. Moreover, Chicago has one of the biggest and most diversified economies in the world—meaning, not one single industry takes in more than 14% of the city’s workforce. All of these make it an irresistible draw to professionals in the US and other countries.
Sectors and Companies Galore in Chicago
Chicago is one of the world’s biggest financial centers. This city serves as the headquarters of the Federal Reserve Bank of Chicago and houses the Chicago Board Options Exchange, the Chicago Stock Exchange, and the Chicago Mercantile Exchange. Situated in the city are 17 companies in the Financial Times 500; 12 companies in the Fortune Global 500; and 1 company in the Dow 30 (Boeing). Another notable corporation with headquarters in Chicago is United Continental Holdings.
Other sectors in Chicago are in printing, manufacturing, food processing, and publishing. Medical services and products companies also have headquarters in Chicago, such as Baxter International, General Electric, and Abbott Laboratories. In retail, Chicago has the headquarters of Sears, Walgreens, Claire’s Ace Hardware, Crate & Barrel, and ULTA Beauty.
It seems like the sectors in Chicago are bound to grow some more because it has many big business customers, a big hiring pool coming from the universities in Chicago, and good federal research funding. Web startup businesses have benefited from this, such as Orbitz, CareerBuilder, 37signals, Feedburner, Groupon, and NowSecure.
There is definitely no shortage of sectors or jobs for professionals searching for their niche in the job market in Chicago!
Cool Fringe Benefits for Working in Chicago
Did you know that the minimum wage for employees who receive no tips in Chicago is the highest in the US? It is estimated that this would reach USD 13 each hour when 2019 comes! Moreover, Chicago, which is in the state of Illinois, has a flat income tax rate. What this means is that no matter how much money you rake in, the percentage you pay is always the same. However, it’s not all roses. If you do decide to live and work in Chicago, you should keep in mind that the property and sales tax in Illinois (where Chicago is) is among the highest in the US.
Taking these into consideration, are you attracted to what Chicago can offer your professional life?
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