New entrants into Chicago workforce well-suited for growing job sectors

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  • With a 58.5 percent share, a bachelor’s degree in a business-related field is by far the most popular choice amongst Chicago undergraduates.
  • Approximately 75.0 percent of Chicago’s downtown residents age 25 and up have a bachelor’s degree or higher (3 times the national average) and 36.0 percent have graduate degrees (3.5 times the national average).
  • Meanwhile, for the first time since last summer, more than half of Chicago’s private industries are stable or expanding.  Broad gains have bolstered job growth with head counts growing in service jobs such as business and professional services and in high-tech sectors.
  • Chicago’s success as a global city depends on HQ operations where the trends are encouraging.  Area payrolls held up better in the recession and recovery being nearly as strong as NYC and LA where the biggest gains are in the CBD/Loop, near new, skilled workers.

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