Buoyed by the country’s nascent economic recovery, Chicago architecture firms are ever-so-slowly emerging from their defensive crouch. The recovery is in its infancy, but partners say they’re looking to hire and are jostling to compete for a growing number of commissions. Hot sectors include apartments, office interiors, health care and higher education.
A downbeat note is a year-ago report that among “recent college grads, architecture majors by far have the highest unemployment rate at 13.9%.” On an upbeat note, the Bureau of Labor Statistics (BLS) projected that architect employment would rise 24% from 2010 to 2020, a faster than average growth rate.
It’s unclear whether the employment statistics cited in the Crain’s article include support staff at architecture firms in addition to architects. The number is hard to reconcile with BLS employment numbers.
According to Crain’s, architecture schools “awarded 10,252 degrees in the 2011-12 academic year, up 13 percent from 9,073 degrees in 2008-09, according to the National Architectural Accrediting Board.” According to the NAAB (PDF):
A total of 6,354 accredited degrees were awarded during the 2011–2012 academic year: 2,552 (40%) were Bachelor of Architecture degrees; 3,763 (59%) were Master of Architecture degrees; and 39 (1%) were Doctor of Architecture degrees.
This represents an increase of 2.6%, or 163, over the total number of degrees awarded during the 2010–2011 academic year.
According to Crain’s, citing AIA compensation surveys, the “average base pay for an entry-level architect in metro Chicago” was $57,500 in 2011. If you’re unfamiliar with AIA terminology, you might assume that to be the starting salary for a recent graduate. An “entry-level architect” has completed what the AIA refers to as “the multiyear transition from architecture student to licensed professional.”
Is it a good time to be an architect? It’s a good time to be skeptical of statistics and conclusions based on them.