The January 2024 jobs report for Cicero, Illinois, paints a picture of a stable labor market with modest growth across various sectors. While the data doesn’t reveal any major booms or busts, it indicates a continued recovery from the pandemic’s economic impacts.
- Cicero’s unemployment rate remained unchanged at 4.2% in January, matching the national average.
- The town added 120 new jobs, bringing the total nonfarm employment to 22,430.
- This represents a 0.5% increase compared to December 2023 and a 2.8% growth year-over-year.
Highlights:
- The Trade, Transportation, and Utilities sector led the job gains, adding 50 positions, primarily in retail trade.
- The Professional and Business Services sector followed closely with 40 new jobs, mainly in administrative and support services.
- Leisure and Hospitality also saw a slight uptick, adding 20 jobs in accommodation and food services.
What Industries and Occupations Grew:
- Retail Salespersons (+30)
- Truck Drivers (+20)
- Administrative Assistants (+15)
- Food Preparation and Serving Related Workers (+10)
- Registered Nurses (+10)
What Industries and Occupations Shrank:
- Educational Services (-10)
- Manufacturing (-5)
- Construction (-5)
- Accountants and Auditors (-5)
- Software Developers and Programmers (-5)
Compare to Same Month Last Year:
- Cicero’s unemployment rate was slightly lower in January 2023 (4.5%).
- The town added 150 new jobs in January 2023.
- However, the overall job growth rate was comparable at 2.9%.
Compare to Previous Month:
- The unemployment rate remained unchanged from December 2023.
- Cicero added 20 more jobs in January compared to December.
- This suggests a slight acceleration in the pace of job creation.
Future Outlook:
The future outlook for Cicero’s job market appears cautiously optimistic. The town’s proximity to Chicago and its position as a transportation hub bode well for continued growth in trade, transportation, and logistics sectors. Additionally, the increasing demand for healthcare services is likely to create job opportunities in that field. However, potential headwinds such as rising interest rates and inflation could dampen economic activity in the coming months.
10 Growing Occupations in Cicero, IL:
- Retail Salespersons
- Truck Drivers
- Registered Nurses
- Home Health Aides and Personal Care Aides
- Customer Service Representatives
- Software Developers and Programmers
- Marketing Assistants and Promotion Specialists
- Janitors and Cleaners
- Fast Food Cooks
- Construction Laborers
10 Companies Hiring Now in Cicero, IL:
- Amazon
- Walmart
- FedEx
- UPS
- Advocate Health
- Cermak Medical Center
- Cicero Public Schools
- Village of Cicero
- PepsiCo
- Mondelez International
Sources: