Multiplying Jobs: How Manufacturing Contributes to Employment Growth in Chicago and the Nation
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In the Chicago region, each manufacturing job supports 2.2 additional jobs. Input-output analysis indicates that the manufacturing employment multiplier for the Chicago region is about 3.2. For every “direct” manufacturing job created in the region, 1.2 “indirect” jobs are created in supplier companies that provide goods and services for manufacturing and one additional “induced” job is created to provide the consumer goods and services that the direct manufacturing employee purchases. Taken together, these three job impacts create a manufacturing job multiplier of 3.2 for the Chicago region.
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Manufacturing,Manufacturing Jobs,Multiplying Jobs,Employment GrowthLanguage:
EnglishAccess Privileges:
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In the Chicago region, each manufacturing job supports 2.2 additional jobs. Input-output analysis indicates that the manufacturing employment multiplier for the Chicago region is about 3.2. For every “direct” manufacturing job created in the region, 1.2 “indirect” jobs are created in supplier companies that provide goods and services for manufacturing and one additional “induced” job is created to provide the consumer goods and services that the direct manufacturing employee purchases. Taken together, these three job impacts create a manufacturing job multiplier of 3.2 for the Chicago region.
