Philadelphia Job Market Report

Philadelphia's job market remains resilient amid national uncertainties, including the 2025 federal government shutdown that disrupted October data collection according to the Bureau of Labor Statistics. The employment landscape features steady growth in professional services, healthcare, and education, with major employers like Comcast, Cencora, universities, and hospitals driving opportunities. Key statistics show national unemployment hovering around 4.4 to 5.1 percent per Trading Economics forecasts, though Philadelphia-specific figures for late 2025 are unavailable due to BLS data gaps from the shutdown; local manufacturing sentiment dipped to negative 1.7 in the Philadelphia Fed index.

Trends indicate softening payrolls with national estimates at 35,000 to 50,000 jobs added...

Philadelphia's job market in late 2025 reflects a cooling yet balanced landscape amid national slowdowns. Pennsylvania's unemployment rate stood at 4.1 percent in September 2025, up from 3.7 percent a year earlier, while the U.S. rate hit 4.4 percent, according to the Pennsylvania Department of Labor and Industry and Federal Reserve Bank of Philadelphia reports. Total nonfarm jobs reached a record 6,252,900, up 99,900 over the year and marking the 17th consecutive high, driven by gains in 10 of 11 supersectors, with education and health services adding 2,500 jobs monthly.

Major industries include healthcare, social services, financial activities, and emerging energy efficiency, which grew 4.63 percent in 2024 to...

Philadelphia’s job market is cooling but remains comparatively stable. According to the U.S. Bureau of Labor Statistics, the Philadelphia-Camden-Wilmington metro unemployment rate is hovering around the mid‑4 percent range, slightly above the national rate but below peaks seen earlier in the decade. The Conference Board’s Help Wanted Online data show Philadelphia in the middle of major U.S. metros for online labor demand, suggesting moderate hiring activity rather than a boom. Listeners should note that very recent, city-specific data can lag by one to two months, creating short-term gaps in precision.

The employment landscape is anchor...

Philadelphia's job market reflects broader national economic challenges while showing targeted strength in specific sectors. The unemployment rate in the region has risen to 4.4 percent, matching the highest level seen in nearly four years nationally. September saw the economy add 117,000 jobs, below the decade-long monthly average of 146,000, indicating a significant slowdown in hiring momentum.

The Philadelphia region faces a K-shaped economic pattern where growth appears solid on the surface yet hiring remains sluggish and consumer spending weakens. Job creation has averaged just 35,000 over recent months when accounting for downward revisions, compared to 160,000 to 170,000 per month in the prior...

Philadelphia's job market reflects broader economic headwinds facing the nation. The city is experiencing modest employment growth with 146,194 jobs currently available on Indeed, though recent data reveals concerning trends beneath the surface. The September jobs report showed only 119,000 new jobs added nationally, with employment actually declining by 6,000 jobs during the first nine months of the year outside of healthcare, food service, and social services sectors.

The unemployment landscape in Philadelphia mirrors national patterns, particularly affecting specific demographic groups. Black women in the region face disproportionate unemployment challenges, with the national rate jumping from 5.8 percent to 7.5 percent between June...

Philadelphia’s job market in late 2025 is marked by steady employment, moderate unemployment, and dynamic shifts across key sectors. According to the Philadelphia Federal Reserve and MIG Market Watch, the city’s September 2025 unemployment rate stood at 4.4 percent, slightly above the prior year but still historically low. Payroll numbers rose by 119,000, and the overall job market is regarded as stable, with layoff rates holding steady and job openings consistent with national trends, as noted by AOL News. The labor force encompasses a wide swath of industries, from healthcare, education, and construction to emerging sectors such as enterprise digital solutions and biom...

Philadelphia’s job market in November 2025 is defined by moderate growth, steady but elevated unemployment, and significant sector shifts. According to ALM First, the unemployment rate stands at 4.3 percent with a labor force participation rate of about 62.3 percent, numbers that mirror national averages and underscore a market that remains slightly slack compared to the pre-pandemic era. ZipRecruiter finds the average annual salary in Philadelphia is $142,335, about 0.7 percent above the state average, with wage growth limited and little variation between top-paying cities in the metro area. The Bureau of Labor Statistics notes a nationwide slowdown in annual job growth, which in Ph...

Philadelphia’s job market in late 2025 is characterized by an uneven recovery, significant sectoral shifts, and evolving hiring patterns. The employment landscape is anchored by major industries including education, healthcare, life sciences, finance, and technology. The University of Pennsylvania and its health system remain the largest employers, followed by Thomas Jefferson University and major hospitals, with robust hiring also in biotech, insurance, and legal services. According to reports from The Business Journals, education and healthcare together employ tens of thousands in the region, and the city continues to grow as a hub for medical research and advanced manufacturing. The World Tr...

Philadelphia’s job market in late 2025 reveals a complex landscape marked by low overall unemployment yet persistent challenges for job-seekers. Recent figures from the Federal Reserve Bank of Chicago and payroll processor ADP indicate unemployment hovering between 4.3% and 4.4%, an historically low rate, though the pace of hiring is sluggish and many out-of-work individuals face prolonged job searches. Causes include uncertainty around interest rates, tariffs, and rapid integration of artificial intelligence, leading companies to be cautious in adding staff, according to the Philadelphia Inquirer and KPMG. Entry-level prospects are hit hardest, particularly for recent college graduates who now see an unemployment ra...

The Philadelphia job market is experiencing a period of flux as economic conditions shift at both the national and local levels. According to MARCA, the unemployment rate in Philadelphia stood at approximately 4.3 percent as of August, remaining relatively stable despite slowed hiring and a noticeable increase in layoffs. Marketplace notes that October saw the highest number of announced layoffs nationwide in two decades, affecting a range of sectors from technology to healthcare. Locally, the Business Journals report significant workforce reductions among life sciences, health care, and manufacturing employers in the region over the past year, with firms like Tower Health...

Philadelphia’s job market in late 2025 reflects a mixed but evolving picture shaped by broader national trends and local dynamics. Despite national headwinds—like a notable wave of layoffs across the technology, retail, and government sectors as reported by Reuters and echoed by TrueUp’s tally of 175,000 tech layoffs nationwide this year—the city has seen ongoing collaboration between public, private, and educational sectors to stabilize and grow its workforce. According to the Tri-State Workforce Consortium, leaders in Philadelphia are working closely with partners in New Jersey and Delaware to build a more resilient job market, emphasizing large-scale investments and more acc...

Philadelphia’s job market in late 2025 reflects a complex and shifting landscape due to broader national economic headwinds, localized recovery efforts, and varied trends across sectors. According to the Independent Fiscal Office of Pennsylvania, the state’s labor market remains uneven, with ongoing tracking of unemployment claims and signs of sustained economic uncertainty. Philadelphia’s recent unemployment numbers have edged up, in line with slowing national job growth and a cooling labor market, but official city-specific unemployment rates for late 2025 are unavailable due to the recent federal government statistical blackout. Nonetheless, local and private data indicate that the rate has crept...

Philadelphia’s job market in late 2025 continues to show resilience and gradual change amid national economic uncertainties. The city benefits from its history as a regional powerhouse for education, medicine, finance, and advanced manufacturing. According to Randstad, demand remains strong for talent in healthcare, biotech, education, administration, and technical fields, drawing candidates to a wide range of career paths with competitive compensation and professional development opportunities. The Federal Reserve projected a rising unemployment rate, with national estimates at 4.4 percent in 2025. While precise city-level data has been intermittent due to a recent federal data blackout, local hiring sources and the Philadelphia In...

The Philadelphia job market in late 2025 continues to show resilience and complexity amid economic challenges and ongoing transformation. The city hosts more than 147,000 active job postings, with positions ranging from essential entry-level roles to specialized professional opportunities, as reported by Indeed. The employment landscape is supported by major employers such as Comcast, the University of Pennsylvania, Jefferson Health, and several federal agencies, while the public sector remains a vital source of jobs especially in education, law enforcement, and administration. According to the Independent Fiscal Office, Pennsylvania’s unemployment rate in September 2025 hovers around 4.2 percent, slightly above the national average due to...

In Philadelphia, the job market is diverse and dynamic, with numerous opportunities across various sectors. The employment landscape features major industries such as healthcare, technology, and manufacturing, with key employers like Comcast and the University of Pennsylvania. Recent data indicates that Philadelphia's regional manufacturing activity declined in October, mirroring broader economic trends.

Statistics show that there are currently over 16,000 jobs available in Philadelphia, reflecting a strong demand for labor. The unemployment rate in the city is relatively low, though specifics on the current rate are not readily available. Major industries include healthcare, service, and technology, with Comcast and...

Philadelphia’s job market in late 2025 is steady but faces notable uncertainties. Recent indicators from the Federal Reserve Bank of Philadelphia show the Philly Fed Employment Index dipping to 4.6 points in October, its lowest in four months, reflecting slower job growth. The unemployment rate in the Philadelphia region has edged up, matching the national trend and reaching 4.3 percent as of August, which is the highest since October 2021 according to CNBC. Official September data is delayed, but most business surveys and government statements underscore a cooling labor market with fewer payroll gains and persistent hiring challenges. Despite this slowdown, layoffs remain re...

Philadelphia’s job market in 2025 is characterized by stability amid modest growth and evolving trends. According to projections from Trading Economics and insights from Randstad USA, the city’s unemployment rate stands at 4.7 percent, holding steady compared to the previous summer. Job creation continues at a slower pace even as economic growth has improved nationally, reflecting a wider “split-screen” dynamic described by The Wall Street Journal, where robust investment, especially in artificial intelligence and tech, contrasts with cautious hiring amid rising costs and policy uncertainties.

Healthcare, education, finance, and biotechnology remain major pillars of employment in Philadelphia, anchored by renow...

The job market in Philadelphia is experiencing a mix of challenges and opportunities. Recently, the Hanwha Philly Shipyard has emerged as a significant player in reviving the U.S. shipbuilding industry through large-scale investments and community collaboration. This initiative has already increased employment at the shipyard from fewer than 100 employees to over 1,700, with plans to grow further. The shipyard's expansion is expected to create up to 5,000 new jobs in adjacent industries, showcasing a positive impact on the local economy.

Philadelphia's major industries include healthcare, manufacturing, and finance, with prominent employers like Wells Fargo and Labcorp. The Department of...

Philadelphia’s job market in fall 2025 is showing signs of strain amid broader national slowdowns and persistent uncertainty, according to both private sector data and analysis from the Federal Reserve. The unemployment rate in the city currently sits near 4.2 to 4.3 percent, in line with the latest calculations from the Chicago Fed and national estimates, representing the highest level since 2021. Major employment sectors include education, healthcare, professional services, and retail, with Temple University Health System, Comcast, and the University of Pennsylvania among the region’s largest employers, as well as a strong presence from pharmaceutical, technology, and logistics firms, according to data...

Philadelphia’s job market in late 2025 is characterized by sluggish job creation, moderate unemployment, and significant sectoral shifts. According to the U.S. Bureau of Labor Statistics, the citywide unemployment rate hovered around 4.1% in September 2024, reflecting a stable but cautious hiring environment. Job growth had slowed notably from earlier in the year, with national trends from MarketWatch highlighting that job creation slipped from about 230,000 monthly at the start of 2025 to much lower figures by late summer. CBS News notes a marked increase in long-term unemployment across the region, with more people searching for work for over six months, indicating persistent ob...

Philadelphia’s job market in late 2025 is defined by a resilient yet shifting employment landscape. The most recent data from the U.S. Bureau of Labor Statistics indicates Philadelphia’s unemployment rate is holding steady around 4.3 percent, which is a full percentage point below the national average and similar to pre-pandemic levels. According to CBRE’s 2025 Scoring Tech Talent report, Philadelphia now ranks 23rd in North America for tech talent and has experienced tech labor force growth with over 104,000 workers in the field. The city saw a notable 30 percent increase in tech graduates since 2020, underlining the strength of its education sector...

Philadelphia’s job market continues to reflect national stabilization and shifting local dynamics. Reports from the National Association of Manufacturers show regional manufacturing grew in September 2025 after a weaker August, with rising general business activity and steady employment growth, signaling optimism for industrial employers. The employment landscape remains robust but competitive, with most organizations expecting salary increases of 3.5% for 2025, a slight moderation from the 2024 average of 3.6%, as noted by Payscale. Eighty-five percent of employees are likely to see a pay bump this year, though the rate of growth depends on industry, with engineering and government roles seeing average increases above 4% wh...

The Philadelphia job market in September 2025 reflects resilience and transition, with several industries navigating shifting demand and labor market dynamics. The employment landscape is characterized by a combination of stable overall hiring, sector-driven gains, and employers increasingly optimizing labor rather than expanding headcount. According to AInvest, the Philadelphia Fed’s employment index for August 2025 fell to 5.9, signaling a moderation in manufacturing hiring though still indicating net expansion. Notably, 74 percent of surveyed firms kept employment steady while relying on a longer average workweek, highlighting a trend of maximizing existing staff over making new hires. Broader state metrics reported by PennLive show Pe...

Philadelphia’s job market is showing strong growth relative to other major U.S. cities, with steady gains over recent years and considerable expansion across non-office-based sectors according to recent Center City District findings reported by the Philadelphia Inquirer. This growth, however, has not translated into lower office vacancy rates, as much of the job creation remains concentrated in healthcare, education, hospitality, manufacturing, and other fields where in-person office work is not the norm. The Pennsylvania Department of Labor & Industry announced that as of August 2025, the statewide unemployment rate stands at 4.0 percent, slightly up from 3.6 percent a year prior, but st...

The Philadelphia job market in late 2025 is showing clear signs of cooling compared to prior years. Employment growth in the city has slowed, aligning with national trends reported by the Bureau of Labor Statistics, which highlighted modest payroll employment increases and downward revisions for the summer months. The Economic Policy Institute notes ongoing job softness, particularly evident in professional and business services, manufacturing, construction, mining, and public sector roles—sectors that have historically provided the backbone of stable city employment. Philadelphia’s labor market still benefits from its diversity, with top industries spanning healthcare, education, technology, financial services, and retail. Data...

Philadelphia’s job market in September 2025 remains one of the most diverse and dynamic in the Northeast, though recent shifts underscore both resilience and emerging challenges. Recent data from the U.S. Bureau of Labor Statistics notes an area unemployment rate of 4.9 percent, which has edged up slightly over the past several months but remains in line with state and national trends. The city’s labor force stands at just under 4.9 million with an employment rate of 60.2 percent, according to the latest Census Bureau estimates. Nonfarm job growth is modest, at around 0.6 percent year-over-year, with strong expansion in education and heal...

Philadelphia’s job market in September 2025 reflects a national slowdown, with employment growth having decelerated sharply over the summer according to the Bureau of Labor Statistics and analysis from sources like the Washington Post. The city’s unemployment rate has risen to 4.3 percent, paralleling national trends and marking the highest level since late 2021. Employers added only 22,000 jobs nationwide in August, and job growth in Philadelphia has also slowed dramatically since earlier in the year. Recruitment remains tepid across manufacturing, construction, government, and professional services, with the construction and manufacturing industries experiencing near-recessionary conditions as noted by PNC economists. Despite these head...

Philadelphia’s job market in September 2025 demonstrates resilience amid national headwinds, but faces ongoing challenges from a slower pace of hiring and elevated uncertainty. According to CBS News, the U.S. labor market added 22,000 jobs in August with the unemployment rate rising to 4.3 percent, up slightly from July, as economic uncertainty and tariffs weighed on employer confidence. In Philadelphia, employment covers a broad landscape, with major sectors including education, healthcare, financial services, manufacturing, government, and technology. Large employers in the area feature the University of Pennsylvania, Comcast, Jefferson Health, SEPTA, and Aramark, with Comcast and SEPTA continuing to innovate and ex...

Philadelphia’s job market in late 2025 is defined by a highly diversified employment landscape but faces significant headwinds with recent downward revisions to national and regional labor data. According to analyses based on Philadelphia Fed estimates and industry sources, there may be a substantial overestimation in reported employment since early 2024. As a result, listeners should be cautious with recent official figures, as the Bureau of Labor Statistics is expected to cut reported national payrolls sharply in its September 2025 revisions.

Despite this, Philadelphia remains a robust regional hub, especially in sectors like healthcare, education, finance, and biotechnology. Major employers in...

The job market in Philadelphia remains stable but has seen a recent slowdown, reflecting national trends of stagnant labor mobility and lower payroll growth as reported by CBS News and the Bank of America Institute. The Bureau of Labor Statistics projects that total U.S. employment will increase by 5.2 million over the next decade, with growth especially concentrated in healthcare and social assistance. For Philadelphia, the unemployment rate typically hovers just above 4.6 percent, according to BOB 94.9, placing it close to the statewide average and signaling ongoing but moderate challenges for job seekers. Initial jobless claims nationally fell to 229,000 in late...

Philadelphia’s job market in late August 2025 is marked by selective growth, emerging technology impacts, and robust hiring in key sectors. According to the Chamber of Greater Philadelphia, payrolls are inching upward with many firms, especially in finance and technology, engaging in targeted hiring after a period of rapid post-pandemic expansion. The overall hiring pace has slowed compared to the last few years, but there is stability in employment, particularly where firms invest in new technologies or major events drive demand, such as the upcoming FIFA 2026, expected to generate thousands of temporary jobs and a substantial economic boost. The most re...

Philadelphia’s job market in August 2025 is showing notable signs of slowing, with softening momentum across key sectors. The Philadelphia Fed’s employment index declined to 5.9, its first dip below 6.0 in over a decade, indicating a weaker labor market and pronounced divergence between industries. Durable goods manufacturing, driven by automation and infrastructure demand, is outpacing nondurables, while most employers are maintaining current headcounts and relying more on extended work hours rather than new hires. According to Visual Capitalist, Pennsylvania’s unemployment rate hovers close to the national average of 4.1 percent, though exact city-specific figures for Philadelphia in 2025 are currently unavailable. Nation...

The job market in Philadelphia remains robust as of August 2025, with Pennsylvania’s unemployment rate steady at 4.0 percent for July, matching its lowest levels in over two years according to reports from LVB and the Times Leader. This represents only a slight uptick from 3.6 percent in July 2024 and continues the state’s streak of being at or below the national rate for twenty-seven consecutive months. Employment levels across the state are at a record high, with 6.24 million jobs reported in July and nonfarm jobs up for the fifteenth straight month. In Philadelphia specifically, the labor market is broad and competitive, supp...

Philadelphia’s job market remains resilient in 2025, defined by steady labor force growth and an unemployment rate rising slightly to 4.2% in July according to recent fixed income commentary. The city’s total labor force climbed to 783,779 in June, about 2,100 more than the previous month, reflecting ongoing expansion in employment opportunities. However, initial filings for unemployment claims in Pennsylvania rose modestly in late July and early August, indicating pockets of vulnerability amid broader regional strength.

The employment landscape features deep roots in healthcare, higher education, finance, and manufacturing. Major employers include Temple University, Jefferson Health, Comcast, and large law firm...

Philadelphia’s job market in August 2025 is marked by modest growth, stubborn competition, and significant shifts in workforce participation. Nonfarm payroll data from the Bureau of Labor Statistics, as reported by Penn Mutual Asset Management and The Daily Record, shows the city added fewer jobs than anticipated in July, with only 73,000 positions filled and a rising unemployment rate that now stands at 4.2 percent, reflecting a slowdown in hiring momentum. This rate tracks just above the national average and reflects consistent, though not robust, job growth this year. According to Time Magazine, labor force dynamics have also changed, with notable exits am...

Philadelphia’s job market in August 2025 is showing signs of cooling, with employment growth slowing and the unemployment rate edging up to 4.2 percent, as reported by CBS News, aligning with the national trend of softer hiring and mounting economic pressures. The U.S. Bureau of Labor Statistics notes that while June brought modest nonfarm payroll gains, with key growth in state government and health care, the overall labor force participation rate is holding steady at 62.3 percent, and average hourly earnings have increased 3.7 percent over the last 12 months. Unemployment statewide has fluctuated within a narrow band, with first-time claims declining according to...

The job market in Philadelphia in mid-2025 is showing signs of cautious recovery, though challenges remain, especially for new jobseekers. National job growth is slowing according to recent reporting by the Bureau of Labor Statistics, with 139,000 new jobs created last month compared to 147,000 the month prior. The U.S. unemployment rate has fallen slightly to 4.1 percent, partly due to a shrinking labor force, and Philadelphia’s job market mirrors these national patterns, with limited fast-paced hiring but some areas of resilience. Median weekly earnings for full-time wage earners nationally have risen 4.6 percent to $1,196, outpacing inflation, according to the U.S. De...

Philadelphia’s job market remains resilient and diverse, offering steady opportunities across a spectrum of industries. According to the Pennsylvania Department of Labor, the state unemployment rate stood at 3.9 percent in May 2025, slightly below the national rate, with Philadelphia following this trend. Unemployment claims have continued to decline across Pennsylvania for several weeks, signaling continued economic recovery and robust hiring activity. The metropolitan area’s employment landscape is dominated by the healthcare and social assistance sectors, followed by education, government, finance, technology, and hospitality. Major employers include the University of Pennsylvania Health System, Comcast, Temple University, Jefferson Health, and the City...

The job market in Philadelphia as of July 2025 shows steady resilience and ongoing change. Pennsylvania’s overall unemployment rate stands at 4.0 percent as of June 2025, which is slightly up by one-tenth of a percent over the previous month, but still remains below the current national average according to the Department of Labor. Labor markets across the region have shown mild improvement, although employers remain somewhat cautious on hiring due to policy and economic uncertainty. Monthly job gains across the U.S. continue to exceed 100,000, reflecting broader labor market strength even as inflation remains somewhat above the Federal Reserve’s preferred targ...

Philadelphia’s job market in mid-2025 reflects both resilience and diverging trends across sectors. According to the Philadelphia Federal Reserve, the Q2 2025 Employment Index indicates modest employment growth in the city and the broader Third Federal Reserve District, though underlying figures show a recent contraction with the June reading at its lowest since the pandemic’s peak in May 2020. The labor market split is striking: manufacturing is rebounding on strong demand for machinery and transportation equipment, while nonmanufacturing, especially food services and retail, struggles with supply chain and staffing issues, resulting in layoffs and slow hiring. Pennsylvania’s unemployment rate edged...

Philadelphia’s job market in 2025 remains one of the most robust among major US cities, though it comes with notable challenges and dynamic trends. According to azbigmedia.com, Philadelphia is recognized for its strong job market and attractive urban living, but also faces a hefty cost of living, ranking among just four large US cities to experience a 40% or greater increase in key economic indicators over recent years. The Bureau of Labor Statistics highlights rapid growth in specific sectors like mobile food services, where employment has multiplied tenfold since the year 2000, and significant expansion in healthcare-related services, personal care industries, an...

The Philadelphia job market in mid-2025 is marked by heightened uncertainty and notable stress among workers, as reported by WalletHub, which identified Philadelphia among the most-stressed cities in America with some of the nation’s highest unemployment and poverty rates. The unemployment rate in the city hovers above the national average, with forecasts from the Federal Reserve Bank of Philadelphia predicting a rise to 4.5% in the second half of the year, up from a previous 4.2%. This anticipated increase is influenced by broader economic headwinds, including ongoing trade tensions and reduced immigration, which together are expected to result in fewer new jo...

Philadelphia's job market as of July 2025 shows a complex landscape shaped by national economic shifts, local industry momentum, and recent policy changes. According to the Federal Reserve Bank of Philadelphia, the city's unemployment rate is expected to rise slightly in the second half of the year, moving from about 4.2 percent to around 4.5 percent. This uptick comes amid declining job growth forecasts due to national policies on tariffs and immigration, although tighter immigration could cushion the jump in unemployment by limiting the influx of new workers.

Industries defining Philadelphia's employment landscape include healthcare, education, government, manufacturing, and retail. The...

The job market in Philadelphia is exhibiting robust growth and dynamic changes. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area reported a total nonfarm employment of 3,116,400 jobs. Over the year ending in July 2024, the area saw an increase of 66,200 jobs, reflecting a 2.2 percent growth rate, which is higher than the national average of 1.6 percent.

Employment statistics indicate a strong labor market, although the outlook at the close of 2024 was more tentative. The tech sector is particularly thriving, with Philadelphia ranking 18th nationally and boasting 235,000 tech positions. The average salary in the tech industry is $121,187, and the city is...

The job market in Philadelphia is characterized by a mix of stability and cautious growth. As of March 2025, the Philadelphia-Camden-Wilmington metropolitan area had a total nonfarm employment of 3,116,400, reflecting a year-over-year increase of 66,200 jobs, or a 2.2 percent growth rate, which is higher than the national average of 1.6 percent.

In the city of Philadelphia itself, employment dipped moderately to 703,239 in December 2024, with the labor force easing to about 735,317. The unemployment rate remained relatively stable at 4.4 percent, indicating a labor market seeking equilibrium amidst economic uncertainty and policy debates.

Major industries in Philadelphia include professional services, which continue...

The job market in Philadelphia as of 2025 presents a mixed outlook. Despite some signs of cooling, the city maintains a robust workforce. Total nonfarm employment in the Philadelphia-Camden-Wilmington metropolitan area stood at 3,116,400 in March 2025.

Employment in Philadelphia dipped moderately in December 2024 to 703,239, with the labor force easing to roughly 735,317. The unemployment rate remained relatively stable at 4.4%, indicating a cautious stance among businesses and job seekers due to economic uncertainty.

Professional services have continued to lead in wage growth, while the manufacturing sector has faced significant challenges. Inflation, particularly in housing and utilities, has exacerbated cost-of-living pressures...

The job market in Philadelphia is characterized by a mix of growth, stability, and some signs of caution. As of March 2025, the Philadelphia-Camden-Wilmington metropolitan area had a total nonfarm employment of 3,116,400 jobs. Over the year, the area saw an increase of 66,200 jobs, with a local job gain rate of 2.2 percent, surpassing the national rate of 1.6 percent.

The employment landscape is diverse, with significant gains in the education and health services sector, which added 33,900 jobs, primarily in health care and social assistance. The leisure and hospitality sector also saw a notable increase with 13,600 jobs, particularly in accommodation and food...

The job market in Philadelphia has shown a mix of resilience and caution in recent times. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area had a total nonfarm employment of 3,116,400 jobs. This represents a year-over-year increase of 66,200 jobs, or a 2.2 percent growth rate, which is higher than the national average of 1.6 percent.

Despite this growth, the labor market in Philadelphia faced a more tentative outlook at the close of 2024. Employment in the city dipped to 703,239, with the labor force easing to about 735,317. The unemployment rate remained relatively stable at 4.4 percent, but this minor uptick indicates caution among businesses...

The job market in Philadelphia has shown a mix of resilience and challenges in recent times. As of March 2025, the Philadelphia-Camden-Wilmington metropolitan area had a total nonfarm employment of 3,116,400, reflecting a year-over-year increase of 66,200 jobs, or a 2.2 percent growth rate, which is higher than the national average of 1.6 percent.

In the city of Philadelphia itself, employment dipped moderately to 703,239 in December 2024, with the labor force easing to about 735,317. Despite this, the unemployment rate remained relatively stable at 4.4 percent. However, there are signs of a more tentative outlook due to economic uncertainty and policy debates.

Major industries...

The job market in Philadelphia has shown a mix of stability and caution in recent times. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area had a total nonfarm employment of 3,116,400 jobs.

The employment landscape in Philadelphia is diverse, with significant gains in certain sectors. The education and health services supersector saw the largest increase, adding 33,900 jobs over the year, primarily in the health care and social assistance sector with 29,800 new jobs. Leisure and hospitality also experienced growth, with an increase of 13,600 jobs, mainly in the accommodation and food services sector.

In terms of statistics, the local...

The job market in Philadelphia at the close of 2024 and into 2025 presents a mixed outlook. Despite maintaining a robust workforce, the labor market showed signs of cooling. Employment in December 2024 dipped moderately to 703,239, while the labor force eased to approximately 735,317. The unemployment rate remained relatively stable at 4.4% in December 2024 but increased to 4.7% in March 2025, a 0.4 percentage point rise from the previous year.

The employment landscape is characterized by employers tightening recruitment due to elevated operating costs, while still demanding specialized and higher-skilled talents. Professional services have continued to lead in wage growth, whereas the manufacturing sector has faced...

The job market in Philadelphia at the close of 2024 and the beginning of 2025 is characterized by a mix of stability and caution. Despite maintaining a generally robust workforce, the labor market faced a more tentative outlook. Employment in December 2024 dipped moderately to 703,239, while the labor force eased to roughly 735,317. The unemployment rate remained relatively stable at 4.4%, but this minor uptick signals caution among businesses and job seekers due to economic uncertainty and policy debates.

The employment landscape is marked by employers tightening recruitment amid elevated operating costs, yet there is a continued demand for specialized and higher-skilled talents...

The job market in Philadelphia as of late 2024 and early 2025 is characterized by a mix of stability and caution. Despite a generally robust workforce, the labor market faced a more tentative outlook in the final quarter of 2024. Employment dipped moderately to 703,239, and the labor force eased to roughly 735,317. The unemployment rate remained relatively stable at 4.4%, but this minor uptick signals caution among businesses and a growing hesitance among job seekers due to economic uncertainty and policy debates.

The employment landscape is marked by employers tightening recruitment amid elevated operating costs, while still demanding specialized and higher-skilled talents. Professional...

The job market in Philadelphia has shown significant growth and stability in recent times. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area had a total nonfarm employment of 3,116,400 jobs.

The employment landscape in the region is diverse, with major gains observed in the education and health services sector, which added 33,900 jobs over the year, primarily in the health care and social assistance sector with 29,800 jobs. This sector saw a 4.9-percent rise, outpacing the national increase of 3.9 percent. The leisure and hospitality sector also experienced significant growth, with an increase of 13,600 jobs, particularly in the accommodation and food services...

The job market in Philadelphia has shown a mix of stability and challenges in recent times. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area had a total nonfarm employment of 3,116,400.

The employment landscape in Philadelphia is diverse, with significant gains in certain sectors. The education and health services supersector saw the largest increase, with 33,900 new jobs, primarily in the health care and social assistance sector, which added 29,800 jobs. This represents a 4.9% rise, surpassing the national increase of 3.9%. The leisure and hospitality sector also grew, with 13,600 new jobs, particularly in accommodation and food services, which added 10,600 jobs and saw...

The job market in Philadelphia has shown mixed signals in recent times. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area had a total nonfarm employment of 3,116,400. This represents a significant increase, with employment growing by 66,200 over the year in July 2024, which is a 2.2 percent gain, outpacing the national average of 1.6 percent.

Despite this growth, the labor market in Philadelphia has faced some cooling in the final quarter of 2024. Employment dipped moderately to 703,239 in December 2024, and the labor force eased to roughly 735,317. The unemployment rate remained relatively stable at 4.4 percent, but this minor uptick indicates caution among businesses and...

The job market in Philadelphia has shown mixed signals in recent times. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area had a total nonfarm employment of 3,116,400. Over the year, the area saw an increase of 66,200 jobs, with a local job gain rate of 2.2 percent, surpassing the national rate of 1.6 percent.

The employment landscape is diverse, with significant gains in the education and health services sector, which added 33,900 jobs, primarily in health care and social assistance. The leisure and hospitality sector also saw a notable increase with 13,600 jobs, particularly in accommodation and food services.

In December 2024, Philadelphia's...

The job market in Philadelphia at the end of 2024 and into 2025 presents a mixed outlook. Despite maintaining a robust workforce, the labor market showed signs of cooling, with employment dipping moderately to 703,239 and the labor force easing to approximately 735,317 in December 2024. The unemployment rate remained relatively stable at 4.4%, but this minor uptick indicates caution among businesses and job seekers due to economic uncertainty and policy debates.

The employment landscape is characterized by employers tightening recruitment amid elevated operating costs, while still demanding specialized and higher-skilled talents. Professional services have continued to lead in wage growth, whereas the manufacturing...

The job market in Philadelphia as of 2025 is characterized by a mix of stability and caution. Despite a generally robust workforce, the labor market saw signs of cooling in the final quarter of 2024, with employment dipping moderately to 703,239 and the labor force easing to roughly 735,317.

The employment landscape is marked by employers tightening recruitment due to elevated operating costs, while still demanding specialized and higher-skilled talents. Professional services continue to lead in wage growth, whereas the manufacturing sector faces significant challenges.

Key statistics include an unemployment rate of 4.4% in December 2024, which, although stable, indicates a cautious...

The job market in Philadelphia at the end of 2024 and the beginning of 2025 is characterized by a mix of stability and caution. Despite a generally robust workforce, the labor market showed signs of cooling in the final quarter of 2024. Employment dipped moderately to 703,239, and the labor force eased to roughly 735,317. The unemployment rate remained relatively stable at 4.4%, which is slightly higher than the state's overall rate of 3.8%.

The employment landscape is marked by employers tightening recruitment due to elevated operating costs, while still demanding specialized and higher-skilled talents. Professional services have continued to lead in wage growth, whereas...

The job market in Philadelphia is navigating a period of cautious optimism and adjustment. As of December 2024, employment in Philadelphia dipped moderately to 703,239, while the labor force eased to approximately 735,317. Despite this, the unemployment rate remained relatively stable at 4.4%, indicating a labor market seeking equilibrium.

The employment landscape is characterized by employers tightening recruitment due to elevated operating costs, while still demanding specialized and higher-skilled talents. Professional services have continued to lead in wage growth, whereas the manufacturing sector has faced significant challenges.

Key statistics show that Philadelphia's labor market is experiencing a mix of stability...

The job market in Philadelphia is experiencing a mix of stability and caution as it enters 2025. Despite a generally robust workforce, the labor market saw signs of cooling in the final quarter of 2024. Employment dipped moderately to 703,239, and the labor force eased to approximately 735,317 in December 2024. The unemployment rate remained relatively stable at 4.4%, but this minor uptick indicates caution among businesses and job seekers due to economic uncertainty and policy debates.

The employment landscape is characterized by employers tightening recruitment amid elevated operating costs, while still demanding specialized and higher-skilled talents. Professional services have continued to lead in...

The job market in Philadelphia is characterized by a mix of stability and caution as it navigates economic uncertainties. As of December 2024, employment in Philadelphia dipped moderately to 703,239, while the labor force eased to approximately 735,317. Despite this, the unemployment rate remained relatively stable at 4.4%, indicating a tentative outlook for the labor market.

The employment landscape in Philadelphia is driven significantly by the Education and Health Services sector, which consistently provides twice as many jobs as the next highest sector. Professional and Business Services is the second-largest sector, highlighting the city's reliance on anchor institutions and non-profit organizations. The...

The job market in Philadelphia has shown a mixed recovery since the COVID-19 pandemic. As of December 2024, employment in Philadelphia dipped moderately to 703,239, and the labor force eased to roughly 735,317. Despite this, the unemployment rate remained relatively stable at 4.4%, indicating a labor market seeking equilibrium.

The employment landscape is characterized by varying sector performances. Professional and business services, health care, and finance have seen material growth, particularly in highly competitive sectors. However, sectors like leisure and hospitality, and retail, continue to face downward pressure due to reduced in-person activity. Education and Health Services remain the largest job providers...

The job market in Philadelphia is navigating a period of cautious growth and adjustment. As of December 2024, employment in Philadelphia dipped moderately to 703,239, while the labor force eased to approximately 735,317. Despite this, the unemployment rate remained relatively stable at 4.4%, indicating a labor market seeking equilibrium.

The employment landscape is characterized by a mix of sectors, with professional services leading in wage growth. However, the manufacturing sector has faced significant challenges. The city's economy has largely recovered from the COVID-19 pandemic, but it is now dealing with economic uncertainty, inflation, and labor shortages.

Key statistics show that...

The job market in Philadelphia is experiencing significant growth and transformation, particularly in the tech sector. As of 2025, Philadelphia's tech scene is booming, ranking 18th nationally with 235,000 tech positions. The average tech salary has reached $121,187, making it one of the fastest-growing tech markets in the country.

The employment landscape in Philadelphia is diverse, with key sectors including cybersecurity, AI, cloud computing, and data science. Cybersecurity is projected to grow by 32%, with 38,000 job openings anticipated. Cloud computing and AI are also in high demand, with salaries ranging from $126,484 to $149,032 and up to $160,000 respectively. Data science is another crucial field...

The job market in Philadelphia is navigating a period of cautious optimism and adjustment. As of December 2024, employment in Philadelphia dipped moderately to 703,239, while the labor force eased to approximately 735,317. Despite this, the unemployment rate remained relatively stable at 4.4%, indicating a labor market seeking equilibrium.

The employment landscape is characterized by a mix of growth and challenges. Professional services have continued to lead in wage growth, whereas the manufacturing sector has faced significant headwinds. The city's economy has largely recovered from the COVID-19 pandemic, but it is now dealing with economic uncertainty, inflation, and labor shortages.

...

The job market in Philadelphia reflects a mix of resilience and challenges. As of the third quarter of 2024, the employment landscape showed stability despite some underlying issues. Employment numbers remained relatively stable, with 715,602 people employed, while the labor force was robust at 752,649. However, the unemployment rate edged higher to 4.9%, with 37,048 residents unemployed.

Key statistics indicate that professional services workers are experiencing healthy wage gains of 6.5%, whereas many service sector employees are seeing more modest increases. The healthcare and education sectors, which are the bedrock of Philadelphia’s economy, continue to drive employment but with slower wage growth compared to...

The job market in Philadelphia reflects a mix of resilience and challenges. As of the third quarter of 2024, the unemployment rate stood at 4.9%, with 37,048 unemployed residents, despite a robust labor force of 752,649 and total employment of 715,602. This stability is underscored by the fact that employment numbers have remained relatively steady, although the cost of living, particularly housing and everyday services, continues to rise faster than the national average.

The employment landscape is characterized by varying wage growth across sectors. Professional services workers are experiencing healthy wage gains of 6.5%, while many service sector employees face more modest increases. Healthcare...

The job market in Philadelphia is experiencing significant growth and transformation, particularly in the tech sector. As of 2025, Philadelphia's tech scene is booming, ranking 18th nationally with 235,000 tech positions. The average tech salary has reached $121,187, making it one of the fastest-growing tech markets in the country.

The employment landscape is dominated by sectors such as Healthcare, Retail & Hospitality, and Business & Financial Services, which account for over 80% of the jobs in the target sectors. However, the Technology Services sector is seeing rapid growth, with job postings exceeding 500,000 monthly. Cybersecurity, AI, and cloud computing are in high demand, with cybersecurity...

The job market in Philadelphia reflects a mix of stability and challenges. As of the third quarter of 2024, the unemployment rate stood at 4.9%, with 37,048 unemployed residents, despite a robust labor force of 752,649 and total employment of 715,602. This period saw professional services workers experiencing healthy wage gains of 6.5%, while service sector employees faced more modest increases. Healthcare and education, cornerstone industries in Philadelphia, continued to drive employment but with slower wage growth compared to previous quarters.

The cost of living in Philadelphia, particularly in housing and everyday services, is rising faster than the national average. The job market is...

The job market in Philadelphia reflects a mix of stability and challenges. As of the third quarter of 2024, the unemployment rate stood at 4.9%, with 37,048 unemployed residents, although the labor force remained robust at 752,649 and total employment held steady at 715,602[1].

The employment landscape is dominated by sectors such as Healthcare, Retail & Hospitality, and Business & Financial Services, which together account for over 80% of the jobs in the target sectors. Healthcare and Retail & Hospitality have been the largest job creators, adding significant numbers of jobs over the past decade. However, there has been a decline in middle-skill jobs, while low-skill and...

The job market in Philadelphia reflects a mix of resilience and challenges. As of the third quarter of 2024, the unemployment rate stood at 4.9%, with the number of unemployed residents increasing to 37,048, despite a robust labor force of 752,649 and total employment of 715,602[1].

The employment landscape is dominated by sectors such as Healthcare, Retail & Hospitality, and Business & Financial Services, which together account for over 80% of the jobs in the target sectors. Healthcare and Retail & Hospitality have been the primary drivers of job creation, adding an average of 2,400 and 1,400 new jobs per year, respectively, between 2006 and 2016[2].

Professional services workers...

The job market in Philadelphia reflects a mix of resilience and challenges. As of the third quarter of 2024, the unemployment rate stood at 4.9%, with 37,048 unemployed residents, although the labor force remained robust at 752,649 and total employment held steady at 715,602[1].

Employment in Philadelphia is dominated by the healthcare, retail and hospitality, and business and financial services sectors, which together account for a significant portion of the city's jobs. The business and financial services sector alone accounts for 16.8% of total employment[3].

Recent statistics show that the unemployment rate has fluctuated but remains lower than the long-term average of 6.05...

The job market in Philadelphia is undergoing significant changes and growth, particularly as the city recovers from the COVID-19 pandemic. The employment landscape varies across different scenarios, with some projections indicating overall growth and others suggesting uneven or stunted recovery. In the most optimistic scenario, Philadelphia could see job growth across communities and skill levels, reaching a total employment of 774,900 by mid-2025, up about 36,100 from pre-pandemic numbers. However, less optimistic scenarios predict job totals ranging from 754,500 to as low as 704,800, depending on factors like in-person activity and business investment[1].

As of December 2024, the unemployment rate in Philadelphia stands...

The job market in Philadelphia is diverse and evolving, influenced by various economic scenarios and industry trends. As of 2025, the city's employment landscape is marked by several possible recovery paths. In the most optimistic scenario, Philadelphia could see overall growth with job totals reaching 774,900 by mid-2025, up about 36,100 from pre-pandemic levels, driven by high in-person activity and new business creation. However, less favorable scenarios predict uneven gains or even a decline in employment, particularly in sectors like leisure and hospitality, which could result in total employment of around 727,700, down about 1.5% from pre-pandemic levels[1].

The unemployment rate in Philadelphia...

The job market in Philadelphia is navigating a complex landscape, influenced by the aftermath of the COVID-19 pandemic and broader economic trends. As of late 2024, Philadelphia's employment landscape shows mixed recovery patterns. The city had roughly 738,800 jobs in 2019, but by the fall of 2021, it was still short about 65,000 jobs from this pre-pandemic figure. However, various scenarios predict different recovery trajectories, with the most optimistic scenario projecting 774,900 jobs by mid-2025, a growth of about 36,100 jobs from pre-pandemic levels.

Key statistics indicate that the unemployment rate in Philadelphia has been relatively stable, standing at 4.0% as of December 2024, which is lower...

The job market in Philadelphia reflects a mix of resilience and challenges. As of the third quarter of 2024, the unemployment rate in Philadelphia stood at 4.9%, with the number of unemployed residents increasing to 37,048, despite a robust labor force of 752,649 and total employment of 715,602[1].

In terms of employment landscape, professional services workers are experiencing significant wage gains of 6.5%, while service sector employees are seeing more modest increases. Healthcare and education, which are cornerstone industries in Philadelphia, continue to drive employment but with slower wage growth compared to previous quarters. The cost of living, particularly in housing and everyday services...

The job market in Philadelphia is characterized by a mix of resilience and challenges. As of the end of 2023 and into 2024, the city's economy has largely recovered from the COVID-19 pandemic, but it faces new uncertainties such as inflation, rising interest rates, and labor shortages.

The employment landscape in Philadelphia is diverse, with various sectors contributing to the job market. The city had roughly 738,800 jobs in 2019 before the pandemic, and as of mid-2025, it is projected to have between 704,800 and 774,900 jobs depending on the scenario. The most optimistic scenario predicts overall growth with 774,900 jobs, while the least optimistic...

The job market in Philadelphia reflects a mix of stability and challenges. As of the third quarter of 2024, the unemployment rate stood at 4.9%, with the number of unemployed residents increasing to 37,048, despite a robust labor force of 752,649 and total employment of 715,602[1].

Employment numbers have remained relatively stable, but the rising cost of living, particularly in housing and everyday services, continues to outpace national averages. Professional services workers are experiencing healthy wage gains of 6.5%, while many service sector employees face more modest increases. Healthcare and education, long the backbone of Philadelphia's economy, continue to drive employment but with slower...

The job market in Philadelphia is experiencing significant growth and transformation. As of 2025, Philadelphia's tech scene is booming, ranking 18th nationally with 235,000 tech positions. The average tech salary has reached $121,187, making it one of the fastest-growing tech markets in the country.

The employment landscape is diverse, with major industries including telecommunications, healthcare, and construction. Companies like Comcast Corporation, Aramark Corporation, and the University of Pennsylvania Health System are among the largest employers in the city. Comcast, for instance, offers a range of positions from customer account management to technical roles, with benefits such as flexible work schedules and...

The job market in Philadelphia reflects a mix of resilience and challenges. Despite a stable employment number, the unemployment rate has edged higher, reaching 4.9% in the third quarter of 2024, with 37,048 unemployed residents. The labor force remains robust at 752,649, and total employment is steady at 715,602[1].

Key statistics show that the unemployment rate has fluctuated but remains lower than the long-term average of 6.05%. As of November 2024, the unemployment rate was at 4.10%, unchanged from the previous month but up from 3.50% a year ago[2].

The employment landscape is characterized by significant disparities across different sectors. Professional services workers are experiencing...

The job market in Philadelphia is undergoing significant changes and growth, particularly as the city recovers from the impacts of the COVID-19 pandemic. By mid-2025, Philadelphia is projected to have between 704,800 and 774,900 jobs, depending on the scenario of economic recovery. The most optimistic scenario, "Overall Growth," predicts 774,900 jobs, which is an increase of about 36,100 from pre-pandemic levels. However, less favorable scenarios such as "Stunted Recovery" suggest a decrease to 704,800 jobs, a drop of roughly 5% from early 2020 levels[1].

As of December 2023, the unemployment rate in Philadelphia hit a record low of 3.7%, with a corresponding decrease in the total number...

The job market in Philadelphia is characterized by a mix of recovery and ongoing challenges in the post-pandemic era. Despite strong employment levels, the city faces economic uncertainties such as inflation and labor market fluctuations.

As of June 2024, the unemployment rate in Philadelphia rose to 5.1%, up from 3.8% in April, with the number of unemployed individuals increasing to 39,122. However, the labor force remained stable at around 760,000, and total employment was at 721,134 in June. The unemployment rate has since decreased to 4.10% as of October 2024.

The employment landscape varies by sector, with the Leisure and Hospitality sector adding 3,000 jobs...

The job market in Philadelphia is characterized by a mix of recovery and ongoing challenges in the post-pandemic era. As of June 2024, the unemployment rate in Philadelphia rose to 5.1%, up from 3.8% in April, with the number of unemployed individuals increasing to 39,122. Despite this, the labor force remained stable at around 760,000, and total employment stood at 721,134 in June.

The employment landscape is dominated by the Healthcare, Retail & Hospitality, and Business & Financial Services sectors, each accounting for more than 100,000 jobs. These sectors combined represent a significant portion of the city's employment, with Healthcare being a particularly strong sector, having added...

The job market in Philadelphia is characterized by a mix of recovery and ongoing challenges in the post-pandemic era. Despite strong employment levels, the city faces economic uncertainties such as inflation and labor market fluctuations.

As of June 2024, the unemployment rate in Philadelphia rose to 5.1%, up from 3.8% in April, with the number of unemployed individuals increasing to 39,122. However, the labor force remained stable at around 760,000, and total employment was at 721,134 in June. The Consumer Price Index (CPI) continued its upward trend, reaching 3.59% in June, higher than the national average of 2.97%, indicating ongoing cost pressures.

The employment...

The job market in Philadelphia is characterized by a mix of recovery and ongoing challenges in the post-pandemic era. As of June 2024, the unemployment rate in Philadelphia rose to 5.1%, up from 3.8% in April, with the number of unemployed individuals increasing to 39,122. Despite this, the labor force remained stable at around 760,000, and total employment stood at 721,134[1].

The employment landscape is diverse, with major industries including Healthcare, Retail & Hospitality, and Business & Financial Services, which collectively account for over 80% of the jobs in the target sectors. These sectors dominate the employment scene, while smaller sectors like Early Childhood Education, Construction & Infrastructure...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, there has been a slight increase to 4.10% as of October 2024, still lower than the long-term average of 6.06%[2][4].

The employment landscape is dominated by the Education and Health Services sector, which consistently provides twice as many jobs as the next highest sector. This sector, along with Government, drives the city's job economy, with only four of the city's twenty largest employers being for-profit companies[1][3].

Statistics indicate that while job growth...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, there has been a slight increase recently, rising to 5.1% in June 2024 from 3.8% in April 2024[5].

The employment landscape in Philadelphia is dominated by the Education and Health Services sectors, which drive the city's job economy. Of the city's twenty largest employers, only four are for-profit companies, while the rest are educational, medical institutions, or nonprofit organizations. This sectoral composition contributes to the stability of jobs but results in comparatively lower profits generated[1].<...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, there has been a notable slowdown in the rate of job growth since the initial recovery in 2021. As of December 2023, Philadelphia had only 2.5% more jobs than in December 2022, compared to a 9% increase from December 2020 to December 2021[1].

The employment landscape in Philadelphia is heavily influenced by the Education and Health Services sectors, which drive the city's job economy. Of the city's twenty largest employers, only four are for-profit companies, while the rest...

The job market in Philadelphia is characterized by a mix of recovery and ongoing challenges in the post-pandemic era. Despite a recent increase in the unemployment rate to 5.1% in June 2024 from 3.8% in April, the labor force has remained stable at around 760,000, with total employment at 721,134[1][4][5].

The employment landscape is dominated by the Healthcare, Retail & Hospitality, and Business & Financial Services sectors, which collectively account for 80% of the jobs in the target sectors. These sectors employed approximately 472,000 people in 2016, with Healthcare adding an average of 2,400 new jobs annually between 2006 and 2016[3][4][5].

Key statistics include a record low unemployment rate...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, there has been a decline in the rate of job growth since the significant recovery in 2021. As of December 2023, the number of jobs in Philadelphia was only 2.5% higher than in December 2022, indicating a return to pre-pandemic growth rates[1].

The employment landscape in Philadelphia is dominated by the Education and Health Services sector, which drives the city's job economy. Of the city’s twenty largest employers, only four are for-profit companies, with th...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, the city has experienced rising payrolls, indicating strong employer demand[1].

The employment landscape in Philadelphia is dominated by the Education and Health Services sectors, which drive the city's job economy. Of the city's twenty largest employers, only four are for-profit companies, while the rest are educational, medical institutions, or nonprofit organizations. This composition results in a stable job market but with comparatively lower profits generated[1].

As of recent statistics...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, there has been a slight increase recently, rising to 5.1% in June 2024 from 3.8% in April 2024[5].

The employment landscape in Philadelphia is dominated by the Education and Health Services sectors, which drive the city's job economy. Of the city's twenty largest employers, only four are for-profit companies, while the rest are educational, medical institutions, or nonprofit organizations. This sectoral composition contributes to the stability of jobs but results in comparatively lower profits generated[1].<...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, there has been a noticeable decline in the rate of job growth since 2021. As of December 2023, the number of jobs in Philadelphia was only 2.5% higher than in December 2022, indicating a return to pre-pandemic growth rates after the initial recovery surge[1].

The employment landscape in Philadelphia is dominated by the Education and Health Services sectors, which drive the city's job economy. Of the city's twenty largest employers, only four are for-profit companies...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, there has been a notable slowdown in the rate of job growth since the initial recovery in 2021. As of December 2023, Philadelphia had only 2.5% more jobs than in December 2022, compared to a 9% increase from December 2020 to December 2021[1].

The employment landscape in Philadelphia is heavily influenced by the Education and Health Services sectors, which drive the city's job economy. Of the city's twenty largest employers, only four are for-profit companies, with the majority...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. The employment landscape is dominated by the Healthcare, Retail & Hospitality, and Business & Financial Services sectors, which together account for 80% of the jobs in the seven target sectors analyzed by the Economy League. These sectors employed approximately 472,000 people in 2016, with Healthcare adding the most jobs, averaging 2,400 new jobs per year between 2006 and 2016[1].

As of recent data, Philadelphia's unemployment rate has been steady, under 4% for two years, indicating strong employer demand. In December 2023, the unemployment rate hit a record low of 3.7%, with a coinciding record...

The job market in Philadelphia has shown resilience and growth, particularly in the post-pandemic era. Despite a steady unemployment rate, which has been under 4% for two years, there has been a notable slowdown in the rate of job growth since 2021. As of December 2023, Philadelphia had only 2.5% more jobs than in December 2022, compared to a 9% increase from December 2020 to December 2021, reflecting the economy's return to pre-pandemic growth rates[1].

The employment landscape in Philadelphia is dominated by the Education and Health Services sectors, which drive the city's job economy. Of the city's twenty largest employers, only four are for-profit companies...

The job market in Philadelphia is characterized by a mix of recovery and ongoing challenges in the post-pandemic era. As of June 2024, the unemployment rate in Philadelphia rose to 5.1%, up from 3.8% in April, with the number of unemployed individuals increasing to 39,122. Despite this, the labor force remained stable at around 760,000, and total employment was at 721,134[1].

The employment landscape varies by sector; for instance, Leisure and Hospitality added 3,000 jobs, while Education and Health Services saw a decrease of 3,800 jobs. Wage growth has been modest, and Philadelphia's inflation rate of 3.59% exceeds the national average of 2.97%, indicating ongoing cost pressures[1].
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The job market in Philadelphia is characterized by a mix of recovery and ongoing challenges in the post-pandemic era. As of June 2024, the unemployment rate in Philadelphia rose to 5.1%, up from 3.8% in April, with the number of unemployed individuals increasing to 39,122[1].

Despite the rise in unemployment, the labor force remained stable at around 760,000, and total employment stood at 721,134 in June. Sector performance varied, with Leisure and Hospitality adding 3,000 jobs, while Education and Health Services saw a decrease of 3,800 jobs. Wage growth was modest, and Philadelphia's inflation rate of 3.59% outpaced the national average of 2.97%, highlighting ongoing cost pressures[1].
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