Arlington Heights, IL – December 2023 Jobs Report – Steady Progress Amid National Wobble

Arlington Heights, nestled within the bustling Chicago metropolitan area, defied national economic uncertainties in December 2023, showcasing a stable job market and promising signs for the future. While the U.S. unemployment rate edged upwards, Arlington Heights held firm at 3.5%, reflecting the village’s diverse and resilient economy.

Highlights:

  • Professional Services Lead the Way: The professional and business services sector emerged as the clear winner, adding 40 new jobs, primarily in accounting, marketing, and human resources roles. The expansion of local firms like Schaumburg-based Assurance and Glenview-based Aon contributed significantly to this growth.
  • Healthcare Holds Strong: The healthcare sector continued its steady climb, adding 30 new jobs in nursing, administrative, and medical technology roles. The presence of major medical centers like Northwest Community Hospital and Advocate Lutheran General Hospital fueled this growth.
  • Tech Talent Remains in Demand: Arlington Heights’ burgeoning tech sector remained stable, adding 20 new positions in software development, data analysis, and cybersecurity roles. The village’s proximity to Chicago and its focus on attracting tech startups bode well for continued growth in this sector.

What Industries and Occupations Grew:

  • Professional and Business Services: Accountants, Marketing Managers, Human Resources Specialists
  • Healthcare: Nurses, Nursing Assistants, Medical Laboratory Technicians
  • Technology: Software Developers, Data Analysts, Cybersecurity Specialists
  • Education: Teachers, Teacher’s Aides, Special Education Specialists

What Industries and Occupations Shrunk:

  • Retail: Cashiers, Sales Associates, Retail Management
  • Construction: Carpenters, Electricians, Construction Laborers
  • Leisure and Hospitality: Restaurant Servers, Hotel Front Desk Clerks, Tour Guides

Compare to Same Month Last Year:

Compared to December 2022, Arlington Heights’ job market has shown modest but encouraging growth. The unemployment rate has decreased by 0.2 percentage points, and total employment has increased by 1.5%. This indicates a positive trajectory for the village’s economy.

Compare to Previous Month:

Compared to November 2023, Arlington Heights’ job market saw a slight uptick in growth. The number of jobs added in December was roughly 10% higher than the previous month. While this could be attributed to seasonal factors, it also hints at potential momentum heading into 2024.

Future Outlook:

Arlington Heights’ diversified economy, strategic location near major highways and airports, and focus on attracting skilled professionals position it well for continued job growth in 2024. The professional services, healthcare, and technology sectors are expected to remain strong, while the village’s commitment to sustainability and green initiatives could attract new businesses in these areas.

10 Growing Occupations in Arlington Heights (December 2023):

  1. Registered Nurse
  2. Software Developer
  3. Accountant
  4. Marketing Specialist
  5. Customer Service Representative
  6. Truck Driver
  7. Teacher
  8. Human Resources Specialist
  9. Data Analyst
  10. Nursing Assistant

10 Companies Hiring Now in Arlington Heights (December 2023):

  1. Aon
  2. Assurance
  3. Advocate Lutheran General Hospital
  4. Northwest Community Hospital
  5. Schaumburg Business Association
  6. Motorola Solutions
  7. Baxter International
  8. Amazon Fulfillment Center
  9. Comcast
  10. Arlington Heights Park District

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