Chicago’s northwest suburban labor market along Interstate 90 to Rockford is among the most robust in the Midwest.
The region’s percentage of college graduates (37.7%) significantly exceeds the Illinois average, as well as the average percentage of college graduates in surrounding states. While Illinois' workforce maintains a higher percentage of those with degrees than workers in surrounding states, those with degrees in the Huntley workforce area represent an even greater percentage. Those who reside in the Huntley workforce area and maintain at least a bachelor's degree represent nearly 38% of the workforce while those with advanced degrees represent nearly 14% resulting in a greater number of recruits for higher skill level and managment positions. (esri ACS Population Summary 1-2013)
For additional information about the area's educated workforce, visit our Education/Training page.
Top 10 High Tech Employment Metro Areas
The Chicago area is ranked among the top 10 metro regions in the number of high-tech employees. The Bay Area Council Economic Institute published its "Technology Works: High Tech Employment and Wages" survey in December 2012 which reported that the Chicago metro area maintains among the top 10 largest number of technology workforce populations in the United States.
Golden Corridor's High Tech Concentration
Chicago’s Golden Corridor (representing the eastern half of Huntley’s labor market area) employs over 82,000 in high-tech oriented jobs.
Lower Wages than the City of Chicago
Wages in the core of Huntley’s labor market are significantly less than those in the City of Chicago and in many cases lower than wages in the Midwest’s other major cities. Huntley and McHenry County employers enjoy significantly lower wages than other businesses in the Metro Chicago area. Based on information from the Illinois Department of Employment Security, McHenry County average wages are 3.27% lower than those in Kane, DeKalb and Kendall Counties, 12.45% lower than in DuPage County, 14.07% lower than Cook County and as much as14.94% lower than in Lake County.
Depending upon the Metro-Chicago area county in which a business may locate, the average annual cost of 25 employees could be as much as $123,700 more than that of a company which locates in McHenry County.
McHenry County Labor Market
The McHenry County Labor Report for 2016 offers a current snapshot of the local workforce and highlights the following key areas:
- Demographics– current overview of our people resources.
- Industries– current and 10 year growth, earnings and sales.
- Occupations– employment and unemployment characteristics, and education
- Average Annual Wage Comparisons for McHenry County and surrounding areas for select industries.
- Workforce Program customers participant training, employment and expenditure figures.
The McHenry County Labor Report identifies the County’s economic strengths, weaknesses and opportunities for future growth. The report updates the data produced for the 2015 Labor Report and includes new information on population changes, workforce by industry, and labor underutilization.
According to the Labor Report, the charts below represent customers who successfully finished services in with McHenry County Workforce Network (MCWN) and WIOA (Workforce Innovation and Opportunity Act):
Workforce Resources and Detailed Reports
McHenry County-2016 Workforce Report
McHenry County Workforce Investment Board
Kane County Workforce Development Division
Workforce Boards of Metropolitian Chicago
Metro Chicago Labor Report-Manufacturing
Metro Chicago Labor Report-Transportation & Logistics
Metro Chicago Labor Report-Biomedical & Life Sciences
Metro Chicago Labor Report-Business, Technical & Financial Services