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Report: Will County Sees Near-Record Job Growth In 2021
Center for Economic Development head says county’s economy remained resilient through COVID-19 pandemic
By Alex Ortiz | Shaw Media
December 11, 2021 at 5:15 am CST
Job growth in Will County is approaching all-time highs through the end of 2021, according to a recent report.
John Greuling, the president and CEO of the Will County Center for Economic Development, delivered an annual report last week recapping the state of the county’s economy.
Will County added more than 5,600 jobs this year. About 1,200 new single-family homes were added, which leads the state. More than 90% of industrial, retail and office property in the county is occupied, rates which are also near all-time highs.
Greuling said the positive data points show the “resiliency” of Will County’s economy.
He attributed that largely to the types of industries that have grown in the county, specifically distribution, logistics, health care, and energy. He pointed out these essential sectors were not as impacted as others by the measures taken to slow the spread of the novel coronavirus.
“All of them have done well over the last 18 months,” he said in an interview.
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The new Greater Chicagoland Economic Partnership was announced this week and includes the City of Chicago, Cook County and six counties across the northeastern Illinois region including Will County.
Ruth Colby, CED Board Chair, welcomed more than 250 guests and thanked members of the CED Board for their time, guidance, and leadership in making the CED and Will County the best it can be. She reflected on the CED’s forty-one years of success. In 2022 forty-three investor organizations marked 30 years or more of investment in the CED, which was commemorated through presentations of Certificates of Appreciation recognizing their commitment to community and their partnership with the Will County Center for Economic Development.
The CED’s Infrastructure Coalition met recently for a mid-year update on State and regional transportation projects, studies, and plans. This important CED Coalition’s mission and charge is making sure Will County is meeting the infrastructure needs of our businesses and residents.