Q4 2022 Local Jobs Report: Chicago

Q4 2022 Local Jobs Report: Chicago

The PeopleReady Local Jobs Report provides a snapshot of jobs, hiring and wage growth trends for specific local markets.

Chicago Market Snapshot

November 2022

Note: Most recent data available.

The U.S. economy continues to maintain a strong pace of job growth heading into 2023. With a tight labor market spurring competition for front-line and entry level workers in hospitality, retail and other major sectors, the number of job postings remains above 10 million.

The unemployment rate for the Chicago metro area is 4.4%, higher than the national rate of 3.6%. While there have been more than 150,000 jobs added in the past year, wages in the Chicago metro area have stagnated. The average wage increase in the U.S. is 5.2%, compared with 3.8% for the Chicago metro area. See Q3 2022 numbers here.

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jobs Added

+157,600

year over year

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UNEMPLOYMENT RATE

4.4%

up from 4.3% in October 2022

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WAGE CHANGE

+3.8%

year over year

  • Total nonfarm employment is up 3.4% YoY in the Chicago area.
  • Leisure and hospitality had the largest gain (+60,200) among the metropolitan area’s private-industry supersectors. The 13.9% increase in the metropolitan area’s leisure and hospitality supersector compared to the 8.4% increase on a national level.
  • The unemployment rate in the U.S. is 3.6%, compared to 4.4% in the Chicago metro area.

Chicago Jobs Breakdown

Q4 2022

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Food Preparation Workers

  • Unique Job Postings: 312
  • Jobs Change: 24.8% from Q3
  • Median Hourly Wage: $14.53
  • Median Hourly Wage as Advertised: $16.55

COUNTER & RENTAL CLERKS

  • Unique Job Postings: 760
  • Jobs Change: 18.6% from Q3
  • Median Hourly Wage: $14.24
  • Median Hourly Wage as Advertised: $15.82

CoNCIERGES

  • Unique Job Postings: 1,042
  • Jobs Change: 4.8% from Q3
  • Median Hourly Wage: $18.58
  • Median Hourly Wage as Advertised: $18.03

SHIPPING, RECEIVING & INVENTORY CLERKS

  • Unique Job Postings: 352
  • Jobs Change: 3.8% from Q3
  • Median Hourly Wage: $15.70
  • Median Hourly Wage as Advertised: $17.05
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PRODUCTION WORKERS

  • Unique Job Postings: 2,470
  • Jobs Change: 0.5% from Q3
  • Median Hourly Wage: $15.49
  • Median Hourly Wage as Advertised: $18.03
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JANITORS & CLEANING WORKERS

  • Unique Job Postings: 3,187
  • Jobs Change: 6.4% from Q3
  • Median Hourly Wage: $15.12
  • Median Hourly Wage as Advertised: $16.09

About PeopleReady

PeopleReady connects people with work throughout the Chicago and rural Illinois markets. We put a Workforce Within Reach™ across a variety of industries, including hospitality, retail, manufacturing, construction and more. If you’re struggling to find workers in this competitive market, visit our Chicago market service center page or call us at 630.725.1618 to find staffing solutions now.

SOURCES

  1. U.S. BLS, Local Area Unemployment Statistics
  2. Emsi, January 3, 2022

PeopleReady, a TrueBlue company (NYSE: TBI), specializes in quick and reliable on-demand labor and highly skilled workers. PeopleReady supports a wide range of industries, including construction, manufacturing and logistics, waste and recycling, and hospitality. Leveraging its game-changing JobStack staffing app and presence in more than 600 markets throughout North America, PeopleReady served approximately 83,000 businesses and put approximately 226,000 people to work in 2022.