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Home > Wintrust Business Lunch > Wintrust Business Minute: Chicago’s better than other cities in startup job market
Podcast: Wintrust Business Lunch
Episode:

Wintrust Business Minute: Chicago’s better than other cities in startup job market

Category: Business
Duration: 00:00:00
Publish Date: 2023-05-19 20:05:11
Description:

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Chicago has seen a drop in the startup job market just like the rest of the country, but a new report says the city is faring better than other places. The report from global VC firm NGP Capital says Chicago saw a 29% year-over-year decline in startup job openings in the first quarter of 2023. Other metros, including New York, Los Angeles, Austin and Miami have seen declines of nearly 50%. And the job market may be stabilizing. A separate report from Layoffs.fyi says the number of layoffs has slowed from 2,000 in 2022 to a little more than 1,200 so far in 2023.

Also, a prayer app headquartered in Chicago just had a successful funding round. Listen for more below:

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