Editing Chicago Loop (section)

==Economy and employment==
[[File:Chicago Sears Tower.jpg|thumb|upright|right|[[Willis Tower]], formerly Sears Tower, is the third tallest building in the Western Hemisphere.]]
{{Main|Economy of Chicago}}
The Loop, along with the rest of downtown Chicago, is the second-largest commercial business district in the United States, after New York City's [[Midtown Manhattan]]. Its financial district near [[LaSalle Street]] is home to [[United Airlines]], Hyatt Hotels & Resorts, and [[CME Group]]'s [[Chicago Board of Trade]] and [[Chicago Mercantile Exchange]].

[[Aon Corporation]] maintains an office in the [[Aon Center (Chicago)|Aon Center]].<ref name="Aon">{{cite web|url= https://www.aon.com/site/office.jsp|title= Office Location Search Results|publisher= Aon Corporation|access-date= January 15, 2020|archive-date= January 16, 2020|archive-url= https://web.archive.org/web/20200116032859/https://www.aon.com/site/office.jsp|url-status= live}}</ref> [[Chase Tower (Chicago)|Chase Tower]] houses the headquarters of [[Exelon]].<ref name="Exelon">{{cite web |title=Contact Us |url=https://www.exeloncorp.com/contact |publisher=Exelon |access-date=16 January 2020 |archive-date=January 16, 2020 |archive-url=https://web.archive.org/web/20200116035355/https://www.exeloncorp.com/contact |url-status=live }}</ref> [[United Airlines]] has its headquarters in [[Willis Tower]], having moved its headquarters to Chicago from suburban [[Elk Grove Township, Illinois|Elk Grove Township]] in early 2007.<ref name="United">{{cite web|url= http://www.united.com/press/detail/0,6862,54552,00.html|title= Illinois Gov. Rod R. Blagojevich and Chicago Mayor Richard M. Daley Welcome Chicago's Hometown Airline|website=United Airlines|date= July 15, 2006|access-date= January 31, 2009|url-status= dead|archive-url= https://web.archive.org/web/20110613114515/http://www.united.com/press/detail/0%2C6862%2C54552%2C00.html|archive-date= June 13, 2011|df= mdy-all}}</ref> [[Blue Cross and Blue Shield Association]] has its headquarters in the [[Michigan Plaza]] complex.<ref name="BCBS">{{cite web |title=Contact Us |url=https://www.bcbs.com/contact-us |publisher=Blue Cross Blue Shield |access-date=16 January 2020 |archive-date=December 11, 2019 |archive-url=https://web.archive.org/web/20191211173203/https://www.bcbs.com/contact-us |url-status=live }}</ref> [[Sidley Austin]] has an office in the Loop.<ref name="Sidley Austin">{{cite web |title=Chicago |url=https://www.sidley.com/en/locations/offices/chicago |publisher=Sidley Austin |access-date=16 January 2020 |archive-date=December 23, 2014 |archive-url=https://web.archive.org/web/20141223041953/http://www.sidley.com/chicago/ |url-status=live }}</ref>

The Chicago Loop Alliance is located at 55 West Monroe,<ref name="Loop Alliance">{{cite web |title=Chicago Loop Alliance |url=https://www.choosechicago.com/listing/chicago-loop-alliance/50667/ |publisher=Choose Chicago |access-date=16 January 2020 |archive-date=February 23, 2018 |archive-url=https://web.archive.org/web/20180223110818/https://www.choosechicago.com/listing/chicago-loop-alliance/50667/ |url-status=live }}</ref> the [[Chicagoland Chamber of Commerce]] is located in an office in the Aon Center, the French-American Chamber of Commerce in Chicago has an office in [[35 East Wacker]], the Netherlands Chamber of Commerce in the United States is located in an office at 303 East Wacker Drive, and the US Mexico Chamber of Commerce Mid-America Chapter is located in an office in [[One Prudential Plaza]].<ref name="Chicityguide">{{cite web|url= http://www.skyteam.com/go/chicago/business.html|title= Chicago|website=[[SkyTeam]]|access-date= January 31, 2009|url-status= dead|archive-url= https://web.archive.org/web/20090129111654/http://skyteam.com/go/chicago/business.html|archive-date= January 29, 2009|df= mdy-all}}</ref>

[[McDonald's]] was headquartered in the Loop until 1971, when it moved to suburban [[Oak Brook, Illinois|Oak Brook]].<ref>Cross, Robert. "[https://pqasb.pqarchiver.com/chicagotribune/access/648915512.html?dids=648915512:648915512&FMT=ABS&FMTS=ABS:AI&type=historic&date=Jan+09%2C+1972&author=&pub=Chicago+Tribune&desc=Inside+Hamburger+Central&pqatl=google Inside Hamburger Central] {{Webarchive|url=https://web.archive.org/web/20170816110318/https://pqasb.pqarchiver.com/chicagotribune/doc/170151070.html?FMT=ABS&FMTS=ABS:AI&type=historic&date=Jan%2009,%201972&author=&pub=Chicago%20Tribune&edition=&startpage=&desc=Inside%20Hamburger%20Central |date=August 16, 2017 }}." ''[[Chicago Tribune]]''. January 9, 1972. G18. Retrieved September 17, 2009.</ref> When [[Bank One Corporation]] existed, its headquarters were in the Bank One Plaza, which is now Chase Tower.<ref>"[https://web.archive.org/web/20010410213519/http://www.bankone.com/about/profile/contacts/ Contact Information]." [[Bank One Corporation]]. April 10, 2001. Retrieved March 31, 2010.</ref> When [[Amoco]] existed, its headquarters were in the Amoco Building, which is now the Aon Center.<ref>"[https://web.archive.org/web/19980212072931/http://www.amoco.com/contacts/index.html Contacts]." [[Amoco]]. February 12, 1998. Retrieved March 31, 2010.</ref>

In 2019, about 40 percent of Loop residents were also employed in the Loop.{{sfn|CMAP|p=9|ps=none}} 26.8 percent worked outside Chicago.{{sfn|CMAP|p=9|ps=none}} Respectively 11.5, 8.0, and 2.8 percent worked in the [[Near North Side, Chicago|Near North Side]], the [[Near West Side, Chicago|Near West Side]], and [[Hyde Park, Chicago|Hyde Park]].{{sfn|CMAP|p=9|ps=none}} Conversely, 45.5 percent of the people employed in the Loop lived outside Chicago.{{sfn|CMAP|p=9|ps=none}} [[Lake View, Chicago|Lake View]] housed 4 percent of Loop employees, the highest of any of Chicago's community areas.{{sfn|CMAP|p=9|ps=none}} The Near North Side, [[West Town, Chicago|West Town]], and [[Lincoln Park, Chicago|Lincoln Park]] respectively housed 3.8, 2.6, and 2.5 percent of those working in the Loop.{{sfn|CMAP|p=9|ps=none}}

The professional sector is the largest source of employment of both Loop residents and Loop employees, at respectively 21.4 and 23.3 percent.{{sfn|CMAP|p=9|ps=none}} Finance was the second-most-common employment for both groups, at respectively 13.5 and 17.7 percent.{{sfn|CMAP|p=9|ps=none}} Health Care was the third-largest sector for residents, at 10.2 percent, while Education was the third-largest sector for Loop employees, at 13 percent.{{sfn|CMAP|p=9|ps=none}} Education was the fourth-largest employer of residents, at 9.4 percent, while Public Administration was the fourth-largest for Loop employees, at 13 percent. Administration was the fifth-largest sector for both groups, at respectively 6.9 and 7.3 percent.{{sfn|CMAP|p=9|ps=none}}