Choose DuPage Economic Indicators Report

Q2 Economic Indicators Report

Choose DuPage has released its Second Quarter Economic Indicators Report.

Report Highlights:

  • DuPage County’s unemployment rate was 12.6% in May; down from 14.8% in April. DuPage has the lowest unemployment rate in the region.
  • In May, 83% of those laid off said it was temporary.
  • Unemployment claims dropped 50% from April to May.
  • At the end of Q2, there were over 55,000 job opportunities posted in DuPage County.
  • The office vacancy rate remained at 13.8% in Q2, slightly lower than it was during the same time last year.
  • The industrial vacancy rate dropped to 6%, from 6.5% during Q1.

Click here to download the Q2 2020 Economic Indicators Report.

Hugh Elliott named private-sector co-chair of Choose DuPage

Choose DuPage is pleased to announce Hugh Elliott, principal at accounting firm Dugan & Lopatka, has been named private sector co-chair of the Choose DuPage Economic Development Alliance, joining chairman of DuPage County Board and public sector co-chair, Dan Cronin. Elliott will serve as elected private sector co-chair for a two-year term.

“Choose DuPage plays an important role in the success of DuPage County,” said Elliott. “As we navigate the reopening of our economy in the coming months, public and private sector collaboration will be critical. As the collective voice of the business community, Choose DuPage opens the dialogue for these important discussions.”

A long-time Choose DuPage board member, Elliott moves into his new role as co-chair after having served on the board of directors for Choose DuPage since 2007. In his position at Dugan & Lopatka, he oversees the audit & review practice of the firm for privately held businesses in a wide variety of industries as well as for nonprofit organizations. Dugan & Lopatka was established over 45 years ago and is located along the I-88 corridor in Warrenville. The firm is consistently recognized as a top accounting firm in the region.

“Hugh is a respected business leader with an unwavering commitment to serve DuPage County’s  business community. His dedication to the mission of Choose DuPage and to supporting economic development in our region makes him the right choice to help our Choose DuPage members, and all our local businesses navigate these unique and challenging times. Together we will continue to foster a collaborative public/private partnership that encourages prosperity for DuPage,” said DuPage County Board Chairman Dan Cronin.  

Hugh Elliott is a Certified Public Accountant and member of the American Institute of Certified Public Accountants (AICPA), the Illinois CPA Society (ILCPA), and the ILCPA Peer Review Acceptance Committee.

Elliott assumes the position of private-sector co-chair following Ahmed Elganzouri, deputy general counsel at Edward-Elmhurst Health. Elganzouri served as private-sector co-chair for two years from 2018-2020.

In addition to Elliott being named private sector co-chair, the following members were elected to positions on the Choose DuPage Executive Committee.

Executive Committee Members

Public Sector Co-Chair
The Honorable Dan Cronin, Chairman, DuPage County Board

Private Sector Co-Chair
Hugh Elliott, Dugan & Lopatka

Immediate Past Private-Sector Co-Chair
Ahmed Elganzouri, Edward-Elmhurst Health

Private Sector Vice Co-Chair
Diana Riekse, CBRE

Secretary
Mike Roth, Ice Miller LLP

Treasurer
Sue Pittacora, Corterra Solutions

Choose DuPage
Greg Bedalov, President & CEO

Finance Committee Chair
Chris Pohlman, Mesirow Financial

Marketing Committee Chair
Ray Kinney, MACLYN & Blooming Color

Programming & Development Committee Co-Chairs
Diana Riekse, CBRE
Karyn Charvat, PowerForward DuPage

Public Policy Committee Co-Chairs
John Quinn, AT&T
Sean McCarthy, Comcast – Greater Chicago Region

Workforce Committee Chair
Dan Allen, CISCO

DuPage County
Joan Olson, Chief Communications Officer

To view a full list of board members, click here.