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Old 03-03-2015, 01:08 PM   #1
TheTruth11
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Default CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

Quote:
Originally Posted by bnk;6934626

We did it again. 2nd year in a row. Back on top again this year!

Correction: Adding more "COMPANIES" than any U.S. city for the second year in a row.



http://www.siteselection.com/issues/...top-metros.cfm



Strength in Diversity

This year’s Top Metros have learned the wisdom of not putting all their eggs in one basket.





From Site Selection magazine, March 2015





TOP METROS OF 2014

Chicago topped all US metropolitan areas with 385 projects in 2014.





by PATTY RASMUSSEN
and
ADAM BRUNS




Frank Sinatra once famously crooned, “My kind of town, Chicago is.” These days he would be joined by a chorus of business and industry executives who have chosen to invest in the Windy City. In fact, 385 companies either expanded or located in Chicago in 2014, resulting in the city being named Site Selection’s Top Metro in the US for the second straight year. The consecutive wins are a pleasant endorsement, says Jeff Malehorn, president and CEO of World Business Chicago.

“Winning back-to-back speaks to the economic leadership and the work being done here in the city and the region,” he says, tipping his cap to Mayor Rahm Emanuel, assorted partner organizations and the business community.

Chicago’s appeal is hardly surprising. The city’s boasts outstanding transportation and logistical assets, including two international airports, a rail hub and seaport, and stands at the crossroads of major Interstates. Chicago and the region are home to a wealth of talent educated at some of the nation’s premier colleges and universities. Foreign companies looking for a US home are drawn to the city’s diverse ethnic population. “Any company outside the US can look to Chicago and see a home,” says Malehorn.

Project highlights for Chicago in 2014 include:
• Valence Health — a health services company based in Chicago adding 500 jobs over the next five years;
• Yelp — the online review and advertising site based in San Francisco, Calif., is opening an office in Chicago and plans to hire 300 employees;
• Braintree — the global payments platform expanded into a 65,000-sq.-ft. (6,000-sq.-m.) headquarters on the eighth floor of the Merchandise Mart. The company is adding 360 new jobs by 2017.
• ADM — the food services company opened its new global headquarters in downtown Chicago in August 2014.

“We have momentum,” Malehorn says. “You can be nothing but bullish. You see it in the metrics.”

In figures released in January, Chicago posted its lowest unemployment rate since April 2008, 6.2 percent. The number of city residents employed in December 2014 increased by more than 38,000. The jobs were mostly attributed to professional and business services, education and health service and transportation and warehousing. Malehorn says diversity is a theme in Chicago’s growth, but so is innovation and disruption.

“No single sector dominates,” he says. “We’re one of the most diverse cities by industry, and yet every industry and company is either going to be technologically enabled or disrupted. That’s why we spend a lot of time making certain we’re competitive, whether in information technology, clean tech, advanced manufacturing, or bio and med tech. These firms are attracted to the Chicago region because they’re near the talent and this broad customer base and transportation.”

...




Also there is this:

http://www.nytimes.com/2015/02/24/up...abt=0002&abg=0

Chicago's core population is growing faster than almost any city in the United States.

And unemployment is now at 6.2%. Lower than NYC.


In another positive sign:

[quote=chiphile;6884739]http://www.usatoday.com/story/todayi...t-of/22125499/


Chicago O'Hare retakes 'world's busiest' title …

"O'Hare has overtaken Atlanta last year based on the number of flight operations...
...Atlanta is expected to remain the world's busiest in terms of passenger count.

---

Chicago, just like New York in the 1970's and early 80's, was written off far too soon. The Chicago metro area consists of roughly 10 MILLION PEOPLE. It is a MEGACITY. And population projections show the city is still growing. Also, there are many that think our census was undercounted and that the population within the city limits is more like 3.5 to 4 million people. With its great history and culture, it was just a matter of time before it got right back on top where it belongs.









CHICAGO BOARD OF TRADE


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Old 03-03-2015, 01:10 PM   #2
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

Could I see the murder rates boss?
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Old 03-03-2015, 01:19 PM   #3
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

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Originally Posted by Im Still Ballin
Could I see the murder rates boss?

Chicago's murder rate is nowhere near the top. Don't believe the hype bro.

Take a look at this:

http://www.pewresearch.org/fact-tank...urder-capital/

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Old 03-03-2015, 01:20 PM   #4
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

But Kanye told me so
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Old 03-03-2015, 01:32 PM   #5
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

If Chicago had a beach it'd be the GOAT city.
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Old 03-03-2015, 01:40 PM   #6
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

Quote:
Originally Posted by Knicks101
If Chicago had a beach it'd be the GOAT city.








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Old 03-03-2015, 01:54 PM   #7
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

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Old 03-03-2015, 01:54 PM   #8
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

AmericaWorks!!! Thank you, Mr. Underwood
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Old 03-03-2015, 02:54 PM   #9
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

... but are you getting that fiber?

https://fiber.google.com/newcities/
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Old 03-03-2015, 02:59 PM   #10
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

Not a surprise, so many gun violence deaths in chicago are opening up more jobs.
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Old 03-03-2015, 03:04 PM   #11
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

I might check some jobs after I graduate next year.
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Old 03-03-2015, 03:45 PM   #12
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

This is the 2nd year in a row that the City of Broad Shoulders (Chicago) is in the #1 spot so no big surprise there. But to me the real big surprise has to be the Detroit metro area cracking the top 10. Very few people saw that one coming.

Maybe next up - Cleveland?? With Lebron back and with the boost he gave to that city in civic pride I wouldn't be too surprised to see the Cleveland metro area crack the top 10 one of these days.


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Old 03-03-2015, 07:33 PM   #13
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Default Re: CHICAGO is back ON TOP baby!!! Adding more jobs than any U.S. CITY

Quote:
Originally Posted by TheTruth11
This is the 2nd year in a row that the City of Broad Shoulders (Chicago) is in the #1 spot so no big surprise there. But to me the real big surprise has to be the Detroit metro area cracking the top 10. Very few people saw that one coming.

Maybe next up - Cleveland?? With Lebron back and with the boost he gave to that city in civic pride I wouldn't be too surprised to see the Cleveland metro area crack the top 10 one of these days.


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The impact of high profile athletes and successful sports teams on their economy is extremely exaggerated.
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Old 03-03-2015, 08:02 PM   #14
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Default So can you actually point to somewhere that tells us about jobs added?

So you read Site Selection magazine?

Are you quoted someone who aren't acknowledged that he misunderstood and it wasn't about jobs?

So how many jobs did Chicago add and how does that compare to the rest of the country?
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Old 03-03-2015, 09:39 PM   #15
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Default Re: So can you actually point to somewhere that tells us about jobs added?

Quote:
Originally Posted by KevinNYC
So you read Site Selection magazine?

Are you quoted someone who aren't acknowledged that he misunderstood and it wasn't about jobs?

So how many jobs did Chicago add and how does that compare to the rest of the country?


Did you pickup on the disclaimer in the OP... where I essentially wrote, "correction - tops in the U.S. for adding companies".

I don't have the data on job creation but I do know that jobs follow companies. If Chicago is #1 for attracting new companies, that is damn good news for jobs.

Exhibit A - the low unemployment rate in Chicago.

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