KNOX INDUSTRIAL CORRIDOR · 2020. 5. 17. · All Chicago Jobs Industrial Jobs in Corridor...

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KNOX INDUSTRIAL CORRIDOR

Transcript of KNOX INDUSTRIAL CORRIDOR · 2020. 5. 17. · All Chicago Jobs Industrial Jobs in Corridor...

Page 1: KNOX INDUSTRIAL CORRIDOR · 2020. 5. 17. · All Chicago Jobs Industrial Jobs in Corridor Industrial Jobs in Quarter Mile Employment Growth (2010-2017 CAGR) ... and Material Movers,

KNOX INDUSTRIAL CORRIDOR

Page 2: KNOX INDUSTRIAL CORRIDOR · 2020. 5. 17. · All Chicago Jobs Industrial Jobs in Corridor Industrial Jobs in Quarter Mile Employment Growth (2010-2017 CAGR) ... and Material Movers,

2.6%

-1.2%

-0.2%

All Chicago Jobs

Industrial Jobs in Corridor

Industrial Jobs in Quarter Mile

Employment Growth (2010-2017 CAGR)

1.8%

-0.6%

1.1%

All Chicago Jobs

Industrial Jobs in Corridor

Industrial Jobs in QuarterMile

Wage Growth (2010-2017 CAGR)

1,040

1,004

867

734

710

20. NorthwestHighway

21. Peterson

22. Knox

23. Elston / Armstrong

24. Wright BusinessPark

Industrial Jobs 2017 (Job Count & Rank of 26)

-0.4%

-0.5%

-1.2%

-1.3%

-2.6%

18. Western / Ogden

19. Wright Business Park

20. Knox

21. Stockyards

22. West Pullman

Industrial Job CAGR 2010-2017 (CAGR & Rank of 26)

$45,179

$44,942

$42,976

$42,788

$40,047

22. Wright BusinessPark

23. Elston / Armstrong

24. Knox

25. Burnside

26. North Branch

Industrial Wage 2017 (Average Wage & Rank of 26)

0.7%

-0.5%

-0.6%

-0.8%

-0.8%

21. Western / Ogden

22. Pilsen

23. Knox

24. Ravenswood

25. Burnside

Industrial Wage CAGR 2010-2017 (CAGR & Rank of 26)

DATA SNAPSHOT: KNOX INDUSTRIAL CORRIDOR

Page 3: KNOX INDUSTRIAL CORRIDOR · 2020. 5. 17. · All Chicago Jobs Industrial Jobs in Corridor Industrial Jobs in Quarter Mile Employment Growth (2010-2017 CAGR) ... and Material Movers,

1,8

06

1,8

16

1,4

67

1,3

98

1,1

47

1,4

68

1,3

47

1,4

18

1,3

09

1,2

56

1,3

19

1,2

55

1,2

49

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Corridor Employment Totals by Year

$39,7

47

$40,5

01

$41,8

16

$45,2

92

$45,9

85

$44,1

06

$45,5

86

$49,6

00

$44,7

29

$46,8

74

$46,3

54

$4

8,7

71

$45,6

75

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Corridor Average Wage by Year

70

60

60

40

30

20

10

10

Coating / Engraving

Machine Shops

Other MFG

Other Fabricated Metal…

Office Furniture MFG

Other Mineral MFG

Plastic MFG

Medical Equipment MFG

Employment by Manufacturing Industry: Top 8

68,290

53,990

45,750

43,720

43,650

40,980

40,480

31,600

Office Furniture MFG

Medical Equipment MFG

Other Fabricated Metal MFG

Plastic MFG

Coating / Engraving

Machine Shops

Other Mineral MFG

Other MFG

Employment Wage by Manufacturing Industry: Top 8

Most Common Manufacturing Occupations in Corridor

Occupation Jobs Median

Wage Education

Laborers and Freight, Stock, and Material Movers, Hand 60 $29,090 No formal educational

credential

Heavy and Tractor-Trailer Truck Drivers 60 $48,890 Postsecondary

nondegree award

Laundry and Dry-Cleaning Workers 50 $24,110 No formal educational

credential

Machinists 30 $38,400 High school diploma or

equivalent

Light Truck or Delivery Services Drivers 30 $38,610 High school diploma or

equivalent

Packers and Packagers, Hand 30 $27,600 No formal educational

credential

Assemblers and Fabricators, All Other, Including Team

Assemblers 20 $29,130

High school diploma or

equivalent

Driver/Sales Workers 20 $19,850 High school diploma or

equivalent

Telecommunications Equipment Installers and Repairers,

Except Line Installers 20 $65,960

Postsecondary

nondegree award

Electricians 20 $87,730 High school diploma or

equivalent

Page 4: KNOX INDUSTRIAL CORRIDOR · 2020. 5. 17. · All Chicago Jobs Industrial Jobs in Corridor Industrial Jobs in Quarter Mile Employment Growth (2010-2017 CAGR) ... and Material Movers,

Employment by Sector: 2005 – 2017

Sector 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Change %Change

Goods Producing 495 489 466 383 296 309 319 316 315 314 336 299 295 -200 -40.4%

Industrial Related Services 663 752 460 413 390 654 626 719 636 599 645 615 586 -77 -11.6%

Office Related Services 368 313 272 357 234 263 184 167 137 124 116 113 137 -231 -62.7%

Education and Health Care Services 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -

Retail, Hospitality and Entertainment Services 280 261 269 245 226 242 218 215 221 219 221 229 231 -49 -17.6%

Total Employment 1,806 1,816 1,467 1,398 1,147 1,468 1,347 1,418 1,309 1,256 1,319 1,255 1,249 -557 -30.8%

Total Employment

Employment by Sector

0

100

200

300

400

500

600

700

800

GoodsProducing

IndustrialRelatedServices

Office RelatedServices

Education andHealth CareServices

Retail,Hospitality andEntertainmentServices

0

500

1,000

1,500

2,000