Chicago’s Current Job Market – Looking Good for Recent Grads

A job search can always be an intimidating and frustrating task, but knowing the market will give you the edge that you need to secure the job that you’ve been looking for. Chicago is home to a vast number of industries including finance/business, health care, engineering, medication services, transportation and more.

Current Job Market

Currently the Chicago job market is growing faster than the rest of the United States. Between June 2018 and June 2019 the city added around 90,000 jobs with about 1.8% job growth per year. Two particularly strong industries at the moment are construction and manufacturing. With the job market constantly growing there is a developing need for office and residential buildings. A strong benefit of the construction industry is that it offers jobs in a wide array of positions including sales, management, legal affairs and more. Manufacturing has always been considered to be a staple in the city’s job market as it involves procurement, supply chain, engineering and sales and shows no sign of slowing down in the near future.

Tech industry

Recently, the Tech Industry has also seen a buzz in the Chicago area. Within the last year tech-related employment grew by nearly 6000 jobs, many of which are going to recent grads. Tech companies are looking for young graduates to provide a youthful spark within their companies. The highest employed positions were software and web developers, computer system and cybersecurity analysts, network architects and administrator and support specialists. Companies across industries are currently growing their tech teams especially within cybersecurity and looking for young grads with diverse skill sets to fill positions.

Good News for grads

There is more good news for recent grads as well. In an article posted by CBS Chicago, reporter Lisa Fielding states, “experts say the job market for soon-to-be grads is looking up. “What we’ve observed this year is that all indicators of hiring activity are up, which is really encouraging” said Northwestern University director of career services Lonnie Dunlap.” The article continues to state that many business-focused, engineering, journalism and communication jobs are seeing higher representation at job fairs and looking to recruit new talent. Although there is a high-demand for new grads, the competition for jobs is rising. There are many applicants that are not considered due to lack of preparation. For young grads making a decision on a career can be tough and many are eager to jump at any opportunity that arises, however, choosing a career is a decision that will last a lifespan and being prepared to make the best decision is key in landing the best job.

A 2019 figure shows that the average salary in the Chicago area is $54,160 outpacing the rest of the country with an average of $50,620. If you are looking for a job now is a great time if you are prepared to land the best position for you.


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Top 6 Biggest Mistakes You Are Making In Your Job Search

The Top 6 Job Search Myths

If you’re looking for job search assistance online, there’s no doubt you’ve read numerous conflicting articles pointing you in all sorts of different directions. Many online sources claim to have the “secret” that will help you land your dream job immediately. However, many of these secrets will only lead you into dead ends. Additionally, you have probably heard a lot of advice from your friends and families regarding how to conduct a job search. But what may have worked for one person will not necessarily work for everyone. In this article we will dispel the most common job search myths.

top five job search myths

1.) The Hidden Job Market

Ever been told that 90% of open positions go unadvertised? If that were the case, then how would they be getting filled? While it is true that some positions are never advertised publicly, the vast majority are indeed posted online, in newspapers and through other mediums. The “hidden job market” often refers to internal hiring practices. Oftentimes, these are not necessarily open positions, but rather new positions created solely for specific individuals. Besides, if so many of these job postings were hidden and out of reach, what would be the point in looking for them? Companies that are looking to hire top talent will advertise open positions in my different places in order to cast a wide net.

2.) You Need Experience to Get a Job

Do you ever feel intimidated with job postings requiring 3 to 5 years minimum experience in a specific field? Many job seekers, particularly new graduates, find themselves in the catch-22 where they cannot get an entry-level position because they do not have the required experience, and they cannot get the required experience because they are not qualified for entry-level positions. Don’t let these job requirements intimidate you. When hiring managers and HR personnel are writing job postings, they often write them based upon the individual who vacated the position they are trying to fill. However, no one comes into any job with 100% of the necessary experience. Don’t let experience requirements prevent you from applying to a position. First and foremost, employers are looking for someone ready to learn. If you can display that ability, you should have no problem landing an entry-level position. Remind yourself, everyone has to start somewhere.

3.) If I Leave My Job, I’ll Look Like a Job Hopper

In prior decades, it used to common for you to work for the same company your entire life. Oftentimes, it was the same company that your father worked for his entire life, and perhaps his father as well. However, as the economy becomes more and more dynamic, this trend no longer holds true. Many people are reluctant to look for something new because they believe they will be labeled as a job hopper — someone who keeps jumping from job to job without ever settling down. While this will look bad to your future employer if you can’t even hold down a single job for more than a few months, don’t be afraid to look for new opportunities after you have put in a few years in at your current company. Studies show that individuals who switch companies often end up with greater compensation in the long run than those individuals who remain with the same company. Additionally, the longer you stay with your current company, the more difficult it can be to switch. Today’s employers want to see a candidate that is adaptable, can thrive in difficult situations, is up to new challenges, and always looking to learn something new. Bringing diverse experience in numerous roles across different industries will help demonstrate these qualities.

4.) I Should Only Apply to Jobs I Really Want

While there is nothing wrong with a targeted job search, don’t be afraid to cast a large net. Too often job seekers apply only to specific companies or positions. However, this will severely limit the impact of your search. You may find yourself eventually landing your dream job, only to realize that you hate the company culture or that your responsibilities don’t match up with what you saw on the initial posting. Many of my clients have found themselves with wonderful jobs in roles that they never would have ever imagined doing just a few years back. You never know what might surprise you. Plus, casting a wide net will lead to more interviews. Even if you don’t think you actually want the job, I recommend going to the interview anyway. Not only will it give you interview practice, but you will also gain a better sense of what employers are looking for in candidates.

5.) It’s Best to be the Last Person Interviewed

The logic for this argument is, if you interview last, then you will remain fresh on the hiring manager’s mind, and they will be more likely to consider you over the person they interviewed weeks later. However, how will you ever be able to tell when is the best time to interview? Companies often leave job postings up long after they have already made up their minds. Once they find the right candidate who has accepted their offer, they stop interviewing all together. Why would they bother wasting their time on people they are never going to consider? When you see a job posting that interests you, apply right away. The more time you spend waiting, the more opportunities you are giving to other candidates.

6.) You Can Write Your Own Resume

If you change your own oil, can make a pair of shoes or cut your own hair, you may stop reading here. Resume writers have experience preparing effective presentations for thousands of people. A job seeker may write a resume every 3 to 5 years and during that time the rules can be completely change. Think about your annual salary. Writing a your own resume is like walking into a casino and putting your annual salary on the roulette wheel. With a resume writer, your up front risk is only the cost of the resume. Choose a resume writer with a long history of success and you will literally gain access to a wealth of knowledge that would be impractical to obtain on your own.

A Better Resume Service has been in business 30 years and has an A+ BBB rating. Put your career in the hands of an expert. Schedule a free (no risk) consultation here or call 1-800-730-3244.