Posted: April 22, 2018
Why to Choose DuPage: Robust Job Market with Excellent Opportunities
2018 First Quarter Economic Indicators show opportunities coming, including hundreds in healthcare
Choose DuPage has released its 2018 First Quarter Economic Indicators Report outlining DuPage County’s continued economic growth. While maintaining the lowest unemployment rate in the region, the average annual salary in DuPage County is higher than both the state and national average. Current employment opportunities in high-paying positions are also available in a wide range of industries throughout DuPage further showcasing it as an ideal location for businesses and job seekers looking to build a life in a thriving community.
2018 First Quarter Economic Indicator Report Highlights:
- DuPage County continues to maintain the lowest unemployment rate in the Chicagoland region at 4.2%, lower than both the State of Illinois (5.0%) and United States (4.4%).
- Industrial vacancy rates are currently at 5.5%; office vacancy rates dropped to 15.3% from 17.5% during the same period last year.
- The average annual salary in DuPage County is approximately $62,000 – higher than both the State of Illinois ($57,000) and United States ($54,000).
Over the next year, the fastest growing industry in DuPage County is expected to be Healthcare Support Occupations with a +2.2% year-over-year rate of growth (adding 350 jobs). The next highest is Healthcare Practitioners and Technical Occupations with 1.3% growth (adding 419 jobs), followed by Personal Care and Service with 1.3% growth (adding 257 jobs).
“DuPage County has consistently maintained the lowest unemployment rate in the Chicagoland region while we continue to bring new business development to the area,” said John Carpenter, president and CEO of Choose DuPage. “The projected growth in the healthcare and personal care sectors alone will add close to 1,000 new jobs over the next year. Our market is robust and this is an exciting time DuPage County.”
The largest major occupation groups in DuPage County are Office and Administrative Support positions (106,367 workers), Sales and Related Occupations (71,836 workers), and Transportation and Material Moving Occupations (49,322 workers). Occupations in the DuPage with the highest average wages per worker are in Management ($118,700), Legal ($101,300), and Computer and Mathematical Occupations ($87,000).Measuring future job growth by the number of advertised open positions indicates there are nearly 20,000 online job opportunities in DuPage for careers in the Computer & Mathematical field, followed by over 15,000 in Management, and tens of thousands more across various sectors in white collar and blue collar industries.
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Posted: April 9, 2018
Governor Leads Delegation to Europe
Choose DuPage is joining the Intersect Illinois delegation that is in Germany this week for a jobs mission with Governor Rauner and members of Team Illinois. The jobs mission will have a brief stop in Poland before continuing to Germany. Between April 17th and April 24th, the Team will cover over 1,600 miles and attend 20 plus meetings.
This will be Governor Rauner’s first European trip as Governor. He, along with Intersect Illinois, leaders in business, education, and the government comprise “Team Illinois” and will begin the Germany portion of the trip in Munich.
Pictured above: Governor Rauner with John Carpenter, President & CEO of Choose DuPage Economic Development Alliance
The Governor will lead Team Illinois along with Mark Peterson, President & CEO of Intersect Illinois, Sean McCarthy, Director at the Illinois Department of Commerce, Erik Brejla, Assistant Deputy Director and Foreign Direct Investment and Site Selection, of the Illinois Department of Commerce, and Kelly Nicholl, Chief Marketing Officer of Intersect Illinois. Team Illinois consists of a talented group of individuals who possess a wealth of knowledge and experience as it relates to Illinois and this jobs mission.
Representing Illinois are the following individuals:
- Mark Peterson - President & CEO - Intersect Illinois
- Sean McCarthy - Director - Illinois Department of Commerce
- Erik Brejla - Assistant Deputy Director - Foreign Direct Investment and Site Selection - Illinois Department of Commerce
- Kelly Nicholl - Chief Marketing Officer - Intersect Illinois
- Jason Anderson - Economic Development Director - City of Rochelle
- Greg Baise - President & CEO - Illinois Manufacturers Association
- John Carpenter - President & CEO - Choose DuPage
- Kevin Considine - President & CEO - Lake County Partners
- Mark Denzler - Vice President & COO - Illinois Manufacturers Association
- Dr. Kenneth Ender - President - Harper College
- Matt Gambs - Senior Vice President - Wintrust Financial; Board, Illinois Chamber
- Anna Morzy - Founding Member Polish American Committee; Former President - Polish American Leadership
- Edward Seidel - Vice President of Economic Development and Innovation - University of Illinois System
- Mark Tomkins - President & CEO - German American Chamber of Commerce of the Midwest
- Terry Wilkerson - President - Rend Lake Community College
- Andria Winters - Senior Director of Business Services - CBRE
With over 1,800 foreign owned companies in Illinois generating $100B in FDI, Foreign Direct Investment continues to be a focus for Team Illinois. Marketing Illinois as a global hub for business to international job creators will bring new opportunities to forge partnerships and advance the state’s economic growth. With the superior access to international travel as well as Illinois’ talented workforce, we are excited to bring this message across the globe.
The trip has a busy itinerary that includes visits to companies that have existing facilities in Illinois, as well as exciting announcements of new operations within the state. The perfect conclusion to this whirlwind will be Hannover Messe where the team will meet with various Illinois companies exhibiting at the world’s largest manufacturing trade show. Hannover Messe boasts over 6,500 exhibitors from 70+ countries and 225K trade visitors.
Pictured above: Team Illinois, including Governor Rauner and John Carpenter visit Haribo Gummies.
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Posted: April 3, 2018
New spec industrial building strategically located at Western Bypass
A joint-venture between Distribution Realty Group and EverWest Real Estate Investors announced its plans to develop an approximately 190,000 square foot speculative industrial building at 220 York Road in Bensenville, Illinois.
Located in DuPage County, the building will feature modern Class A characteristics including 32' clear ceiling heights, LED lighting with motion sensors, attractive storefront glass, up to 37 dock doors, and ample auto parking. The building is designed to appeal to high end warehouse and logistics companies seeking top-tier space in O'Hare.
"The assemblage of 26 parcels on 10 acres adjacent to the Illinois Route 390 and O'Hare International Airport created a best-in-class logistics location," said Curran Darling, DRG's Senior Vice President in Chicago. "From this facility, our customers can take advantage of O'Hare's South Cargo Entrance from a low DuPage County tax location, along with great connectivity to the new Western Bypass which provides immediate access to Chicagoland's interstate system."
"Our firm views Chicago as one of the country's most important logistics hubs," said James Love, Managing Partner of DRG, "and we look forward to adding our 10th facility to the O'Hare submarket."
The venture has hired Sam Durkin and Dominic Carbonari of JLL to market the property for lease on its behalf. Arco Murray will construct the building on behalf of the partnership.
Distribution Realty Group LLC
Distribution Realty Group LLC is a privately owned industrial real estate firm with offices in Chicago and Nashville. The firm has acquired and developed over 3 million square feet of industrial and distribution facilities since its founding in 2013. For more information, please visit www.distributionrealty.com.
EverWest Real Estate Investors
EverWest Real Estate Investors is a real estate investor and operator located in Denver, Colorado. The company was acquired by Great-West Life's real estate advisory platform in February 2018 to help expand their international presence. For more information, please visit www.everwest.com.
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Posted: March 4, 2018
DuPage County's Energy Efficiency Success
ComEd works closely with its economic development allies to leverage our top-performing electric reliability, the competitive Illinois energy market, and our business-focused energy efficiency program to help power innovation and create jobs.
Since 2008, over 6,700 DuPage County businesses have participated in the ComEd Energy Efficiency Program earning over $55.1M in total business incentives. These businesses have saved over 573,350,000kWh on their annual electric bill.
Greenhouse Gas Emissions Equivalent
DuPage County businesses' energy savings equals an annual reduction in carbon dioxide emissions equivalent to:
- 62,400 homes' electrical use for one year
- 75,900 cars off the road
The ComEd Energy Efficiency Program offers incentives, technical services and whole-building solutions to help businesses use energy more efficiently. For more information, visit ComEd.com/BizIncentives, call (855) 433-2700 during normal business hours to speak with a service representative or email ComEd at BusinessEE@ComEd.com.
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Posted: March 3, 2018
Breakfast with the Chairman
POPULATION HEALTH & IMPROVING HEALTHCARE PERFORMANCE
Leaders in healthcare and human resources gathered on Thursday, February 15 at a breakfast hosted by Choose DuPage and DuPage County Board Chairman, Dan Cronin to discuss ‘Population Health & Improving Healthcare Performance’ in DuPage County.
- Major DuPage County providers including Advocate Good Samaritan Hospital, American Academy of Pediatrics, Amita Health, DuPage Medical Group, Edward-Elmhurst Healthcare, Northwestern Medicine, and SHIFT.
- Human Resource directors and executives from area businesses including Greco & Sons, Hamilton Partners, Molex, and PNC Bank.
- DuPage’s higher education community including College of DuPage and Midwestern University.
“The purpose of these events is to address issues critical to the prosperity of DuPage County,” said Chairman Cronin. “By bringing together leaders that represent different facets of the healthcare industry, we hope to educate one another on the challenges and needs of each group in order to achieve better outcomes.”
David Rubadue, National Director of Healthcare Actuarial Services at CBIZ started the breakfast with a presentation on ‘population health’.
Rubadue defined population health management from an analytical perspective as a process involving three major steps: (1) aggregating patient data across multiple health information technology sources, (2) analyzing that data into a single actionable patient record, and (3) executing on programs and other efforts to allow care providers to improve both clinical and financial outcomes.
He described it from a public health perspective as the science and art of preventing disease, prolonging life, and promoting health through organized efforts and informed choices.
Following the presentation was an open-table discussion on what employers and providers can do to support population health management, the role data and analytics play in identifying care gaps and managing population health, and the benchmarks and ROI from supporting these programs.
- With healthcare costs increasing by 7% each year, employers and government entities are looking for new and creative ways to control healthcare costs. Implementing programs that reward employees for taking care of their health, and financially rewarding providers for their performance in caring for members will lead to higher quality care, a healthier life, and lower costs.
- Employers can promote population health by creating a culture of wellness at their organization. This can include disease management programs, case management, and other wellness initiatives. The most successful programs provide incentives for employees, and/or focus on making it easier for employees to make healthy choices.
- Providers can promote population health by participating in Accountable Care Organizations (ACOs), providing coordinated care and risk management to patient groups.
- Measurement and data analytics are essential parts of good population health management. This information comes from several sources including benefit plan data, provider data, outcome data, patient services, and more. Although aggregating the data is cumbersome and challenging, it is necessary to achieve improved outcomes.
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Posted: February 28, 2018
Please, no O'Hare deal without Western Access
Opinion Editorial by John Carpenter
As Greg Hinz reported in his February 25 column, “$8.5 billion O'Hare expansion deal about to land,” the city of Chicago is close to deal for a massive expansion of O'Hare International Airport. The new O'Hare deal includes a major step towards a providing passenger access from the west— the construction of a 10,000-space employee parking lot on O’Hare’s western edge is a start. As anticipation builds for the announcement of a final deal, establishing a western access point to the airport must remain a critical component of the overall O’Hare Modernization Project (OMP).
O’Hare International Airport is one of the world’s busiest airports, and hundreds of acres of ORD lay within DuPage County. While most appear to be focused on expanding gates and carriers, and possibly even developing a high speed express train to carry passengers back and forth from downtown, it’s important to remember the western access component of the larger OMP is critical to the overall success of the project; this effort will completely transform the economy of the entire Chicagoland region.
Since 2014, the Choose DuPage Economic Development Alliance has worked with the Illinois Tollway and regional public-and private-sector leaders to establish the Western Access O’Hare corridor as a premier global business location. The benefits from building western access are compelling. According to the Elgin-O’Hare Western Bypass Advisory Council, the economic benefits of this project include:
- Creation of 65,000 jobs by 2040
- Local tax revenues expected to increase by $29M annually (based on 2010 projection)
- 13,450 jobs will be created annually in the region during construction
- Travel delays will be reduced, saving an estimated $145M annually by 2040
There have been a number of stories written over the past few years regarding the progress of the Western Access O’Hare project, or rather, the lack of progress, due to continued gamesmanship by the City of Chicago. There is much at stake here. Many fail to realize the big picture impact of this incredibly important project, not only for DuPage County, but for residents and business across the Chicagoland region as whole – that means both the City as well as the surrounding suburbs.
Mayor Emanuel has recently touted O’Hare as the “best connected airport” serving one of the most diversified economies. For this to be true, the commitment to Western Access as outlined in the OMP needs to remain a priority in the final deal the City. This project is vital to the future of our region and will remain a priority for Choose DuPage until it is complete.
John Carpenter serves as the President/CEO of the Choose DuPage Economic Development Alliance. We are dedicated to establishing DuPage County as a premier global business location by working to expand and diversify the DuPage County economy through actions that stimulate business investment in its communities and generate desirable job opportunities for its residents.
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