Chicago Construction Jobs From a Chicago Construction Headhunter
May 7th 2009
Chicago construction jobs are getting more scarce by the day. It seems that after the 1st round of banking bailouts the layoffs started getting more frequent. Times like these the phrase "it’s not what you know it’s who you know" becomes "its not what you know or who you know, it’s all the above and more" it seems. In today’s Chicago construction jobs market it is imperative that not only network with professional colleagues, you must also align yourself with a well networked headhunter that specializes in the construction industry.
Many Chicago contractors are holding their own, making sure they keep existing clients very pleased and coordinating their project management and estimating staff in an all out blitz toward new client acquisition. It appears that Washington is attempting to shake loose the tight financail noose that surrounds us and perhaps breath life back into more construction projects and more Chicago construction jobs. In the meantime existing pay rolled employees are working double time and the unfortunate laid off or unemployed are holding their breath looking for their next opportunity in Chicago’s construction marketplace.
It is true that the unemployment rate is high, especially in construction throughout Chicago, but there are good jobs available in certain segments of the Windy City construction market. As a Chicago construction headhunter I have seen the boom and bust cycle of this industry. I must admit this is a particularly tough time due to a variety of factors much to long to list here. The point is you must insist on working with an executive search firm that values high standards and relies on long term well established relationships.
Regardless of your current situation, there are viable professional construction jobs available despite this lousy economy. The fact is Chicago construction jobs continue to get filled if you know the right people and have the appropriate experience and qualifications. These jobs are not seen on the job boards, they are not in the newspaper and they are not usually found with previous work contacts. The truth is the Chicago construction jobs are found and filled are through professional well-connected Chicago construction headhunters that come highly recommended.
From The Blogosphere:
IN THE PIPELINE (Feb. 15-21): $135 Billion For Construction
$135 Billion For Construction Signed Into Law. Weekly CoStar Column Spotlights Trends, New Projects and Construction Entering (Or Leaving) the Commercial Real Estate Development Pipeline.
Beige Book: Commercial Real Estate Deteriorating
Reports about commercial construction activity also were downbeat. In the Philadelphia District, commercial construction activity continued to fall. Cleveland reported that construction backlogs have declined for some contractors.
Chicago Reader Blogs: Clout City
To lure more commercial investment Beale says he’ll seek City Council approval to create a new tax increment financing district that connects with another one along Michigan Avenue a mile west. In other words, it sounds like the steel plant … Beale says he’s got hopes for some of those too—he and the bank have talked with a company that makes autoclaved aerated concrete, a material used in green building construction.
Construction in Toronto Continues with $91M Hospital Project
Commercial real estate development is on life support in the United States, but in parts of Canada, like greater Toronto, construction is still alive and kicking, and Aecon Group Inc. is among those companies that are in the midst of building. …. February 11, 2009. New York City Tri-State Area: Continued Challenges in the Capital Markets February 10, 2009. Chicago’s Past Will Seed its Future February 10, 2009.
Bad Loans Continue to Pile up For Chicago Developers
Nationally, the delinquency rate for commercial construction loans rose to 5.2% in the third quarter from 4.1% in the second and 1.7% a year earlier, according to Foresight; the firm doesn’t break out its delinquency data by property.
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