Companies in the City of Broad Shoulders shrug off concerns about economic slowdown.
By Garry Kranz Comments 0 | Recommend 0
What Happens in Chi-Town: Hiring signs in greater Chicago also betoken a hidden
optimism about the national economy. Although so-called experts continue to
whine about a “slowdown” and potential recession in 2008, Chicago-area companies
are gearing up their hiring machinery. According to recruiting firm SRI, based
in Schaumburg, Illinois, 56 percent of middle-market companies in metro Chicago
expect to hire one to five salaried employees during the ensuing 12 months.
Nearly 20 percent plan to add 10 or more new people, mostly to keep pace with
sustained job growth. Those fortunate enough to land one of these new jobs stand
to make out well. About 61 percent can expect to earn salaries ranging from
$50,000 to $100,000, while 36 percent could rake in $25,000 to $50,000 a year.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
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