Loop Employment Reaches Record High
As far back as the records go, total employment in the Loop has reached an all-time high, according to a recent article by Crain’s.
The tally comes in at nearly 542,000 employees working Chicago’s central business district this March, up 63,000 jobs (about 13 percent) from the low point of the recession in 2010. It’s the highest figure since at least 1991, when the Illinois Department of Employment Security began keeping the records.
To be clear, this new count comes from 11 total zip codes from the Near North Side to the Near South Side.
No matter how you cut it, this is extraordinary news for the Loop’s economy. With important construction projects slated for the next few years, including Maggie Daley Park, the Riverwalk Expansion, and the Block Thirty Seven tower, in addition to a boom in residential options opening up, there are plenty of reasons to be optimistic about the future of our central business district.
Wear your civic pride on your sleeves, Chicagoans! We can’t wait to see what comes next.
(Photo: JJ Jetel for Chicago Loop Alliance | jjjetel.com)