Illinois Employment Statistics
87.0% of employees work for a private company, this is 1.7% greater than the national average of 85.2%. Local government agencies employ 9.8% of the workers in the state, state government agencies employ 1.9% of the workers and the federal government employs 1.3%. The percentage of employees working for a government agency (13.0%) is 1.7% lower than the national average. The chart below illustrates the breakout of employees by type of employer.
- 368,125 employers
- 5,970,727 employees
- $1,153 average weekly wage
- The average weekly wage is 4.7% above the national average
- The cost of living is 4.3% below the national average
Types of Employers (Private Sector vs Government Agency)
As an employer in Illinois, you are most likely to be running a private company rather than a government agency. 97.7% of employers run private companies in the state, BIGGER0.7% greater than the national average of 97.0. The remaining 2.3% of employers are government agencies: 0.6% work in a federal agency, 0.0% work for the state and 1.7% work for local government. The chart below illustrates the breakout of employers by type.
The average weekly wage in Illinois is $1,153 per week, which is 4.7% less than the national average of $1,101 per week. Illinois workers that are employed by private businesses earn $1,162 per week, 5.6% greater than the national average for private company employees. Employees of federal government agencies in Illinois earn $1,538 per week, a premium of 32.4% compared to what employees of private companies earn. The chart below illustrates the average weekly by type of employer.
Businesses by SectorThe sector with the greatest number of businesses in the state is Professional services with 14.4% of the businesses in the state. Other services (10.7%) and Retail trade (9.7%) round out the top 3 sectors.
Table: Sectors by # of Businesses
|Sector||# Businesses||% of Bus.|
|Accommodation and food services||27,300||7.4%|
|Finance and insurance||19,501||5.3%|
|Transport and warehousing||16,746||4.5%|
|Real estate and rental||12,984||3.5%|
|Arts and entertainment||5,315||1.4%|
|Agriculture and forestry||2,193||0.6%|
|Mining and oil extraction||596||0.2%|
Employees by Sector
The sector with the greatest number of employees in the state is Healthcare
with 12.9% of the employees in the state. Retail trade
(10.1%) and Manufacturing
(9.8%) round out the top 3 sectors.
Table: Sectors by # of Employees
|Sector||# Employees||% of Emp'|
|Accommodation and food services||524,741||8.8%|
|Finance and insurance||291,298||4.9%|
|Transport and warehousing||272,504||4.6%|
|Arts and entertainment||92,189||1.5%|
|Real estate and rental||82,535||1.4%|
|Agriculture and forestry||18,638||0.3%|
|Mining and oil extraction||7,804||0.1%|
Average Weekly Wage by Sector
The sector that pays their employees the highest is Company management
paying $2,532per week compared with the state average of $1,162. Finance and insurance
($2,326) and Utilities
($2,246) round out the top 3 sectors.
Table: Wages by Sector
|Sector||Wkly Wage||vs St Avg.|
|Finance and insurance||$2,326||200.2%|
|Mining and oil extraction||$1,482||127.5%|
|Real estate and rental||$1,335||114.9%|
|Transport and warehousing||$1,052||90.5%|
|Agriculture and forestry||$747||64.3%|
|Arts and entertainment||$704||60.6%|
|Accommodation and food services||$414||35.6%|
Businesses by Industry
Each broad sector is made up of specific industries. In Illinois. the industry with the most businesses is Restaurants and other eating places
with 5.7% of the businesses in the state (with 20,861 employing 409,268 workers). Private households
(3.7%) and Computer systems design and related services
(3.3%) round out the top 3 industries. The Top 10 Industries in the state are:
|Restaurants and other eating places||20,861||19.6|
|Computer systems design and related services||12,184||7.0|
|Management consulting services||10,247||7.7|
|Residential building construction||8,449||2.9|
|Offices of lawyers||7,826||6.6|
|Offices of physicians||6,670||14.0|
|Insurance agencies and brokerages||6,141||5.5|
|Accounting and bookkeeping services||5,764||8.6|
Employees by Industry
The industry with the greatest number of employees in the state is Restaurants and other eating places
with 6.9% of the businesses in the state. The industry employs 409,268 in 20,861 businesses, there are 19.6 employees on average in each of these businesses. General medical and surgical hospitals
(3.9%) and Temporary help services
(3.0%) round out the top 3 industries.
Table: Industries by # of Employees
|Restaurants and other eating places||409,268||19.6|
|General medical and surgical hospitals||234,908||804.5|
|Temporary help services||178,333||89.3|
|Supermarkets and other grocery stores||94,801||36.5|
|Offices of physicians||93,219||14.0|
|Management of companies and enterprises||92,819||58.4|
|Computer systems design and related services||85,679||7.0|
|Management consulting services||79,313||7.7|
|Nursing care facilities skilled nursing||77,491||98.1|
|Colleges and universities||74,883||224.9|
Average Weekly Wage by Industry
The industry that pays their employees the most is Portfolio management
, paying $6,952 compared with the state average of $1,162. Investment banking and securities dealing
($5,243) and Commodity contracts dealing
($5,181) round out the top 3 industries.
Table: Wages by Industry
|Industry||Wkly Wage||% of Avg|
|Investment banking and securities dealing||$5,243||451.2|
|Commodity contracts dealing||$5,181||445.9|
|Securities and commodity exchanges||$3,786||325.8|
|Open-end investment funds||$3,752||322.9|
|All other financial investment activities||$3,542||304.8|
Illinois Businesses by Size
company, has the most businesses in Illinois by far. 64.5% of all businesses in the state have fewer than 5 employees. The 347,361 small businesses in the state represent 95.1% of all private businesses. The national average is 92.6%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) The pie chart below illustrates the ratio of business sizes.
Illinois Employees by Business Size
The largest companies in the state represent 206.0% of all employees, which is 67.6% higher than the national average of 138.4%. Smallest companies also employ a lower percentage of the states workforce than the largest companies. The solopreneur
(those that employ fewer than 5) companies employ 85.4% of all workers, which is 6.1% lower than the national average of 91.5%. All small companies, those employing fewer than 50 people, represent 516.3% of the labor force in the state, 33.7% less than the national average of 550.0%.
Illinois Avg Weekly Wages by Business Size
The smallest companies in Illinois (those with fewer than 5 employees) pay workers 6.8% more than the national average ($1,046 per week as compared to the national average of $975 per week). The largest companies in Illinois (those with more than 1,000 employees) pay 9.5% workers below the national average ($1,718 per week as compared to the national average of $1,882 per week).
About the Writer
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.