Labor
Market Profiles: Crawford, Kedzie & Stockyards Industrial Parks
Project Number: 297(3) Report Date: August 1989
Author(s): Dave Ranney The following is one of a series of six reports
which develop labor market profiles for areas in the vicinity of 15 existing or
proposed industrial parks in the City of Chicago. The report below presents
a profile for an area surrounding three of the 15 parks. These parks, Crawford,
Kedzie and Stockyards are partially developed industrial areas. Present development
priorities include expansion and infrastructure improvements. Crawford Industrial
Park is located near the Chicago-Rock Island railroad tracks between 47th Street
and the Stevenson Expressway. Seventy-one firms employing over 6,000 people presently
occupy the site. Kedzie Industrial Tract is bounded by 47th, Kedzie and the Chicago-Rock
Island Railroad tracks. Twenty-nine firms employing over 1,200 people are located
there. Stockyards Industrial Park is defined by Pershing, 47th Street, Ashland
and Halsted. One hundred ten firms employ over 4,000 people in this area. Certain
zip codes either adjacent to or quite near these parks have been designated as
a target area. It is this area that is the subject of the labor market profiles
included below. A somewhat larger area has been utilized to analyze labor supply
since some of the data used is based on Illinois Department of Employment Security
service districts which take in very large territories. This larger area is designated
as the expanded area. The target area was delineated based on both proximity to
the industrial parks and that area with the greatest employment needs. Need in
this instance was based on rate of employment and income levels. A map showing
the location of both target and expanded areas is displayed on the following page.
In addition to its implications for future development of the industrial parks,
the analysis that follows may also have applicability to the development of enterprise
zones. While the borders of the target and expanded areas are not identical with
any designated zone, the labor market information is still quite relevant to zones
in the general vicinity of the target area. In this sense, the analysis to follow
provides relevant information for policies in Enterprise Zones I, II and VI.
This report is organized into four parts. Part I presents a summary and our conclusions.
Part II shows the geographical labor market of the industrial parks. A computer
simulation model is used to estimate where new workers in the parks would be likely
to come from in the absence of any policy intervention. Part III presents characteristics
of the demand for labor in the target area including its industrial structure
and the occupations of persons employed by these industries. Part IV presents
characteristics of the supply of labor in the target area. Included in this section
are demographic, economic and occupational characteristics of the employed and
unemployed residents of the target area. |