Philadelphia Job Market Report
Welcome to the "Philadelphia Job Market Report" podcast, your essential source for the latest updates, trends, and insights into the job market in Philadelphia. Whether you're a job seeker, employer, or just curious about the economic landscape, we provide in-depth analysis and expert interviews to help you navigate the ever-changing employment scene. Stay informed about high-demand industries, emerging job opportunities, and career advice tailored specifically for the Philadelphia region. Tune in weekly to stay ahead in the City of Brotherly Love's dynamic job market. Subscribe now and unlock the key to achieving your career goals with "Philadelphia Job Market Report."...
Philadelphia's Job Market in Transition: Navigating Sector Shifts and Cost-of-Living Pressures
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...
Philadelphia's Evolving Job Market: Tech Boom, Cautious Outlook, and Policy Initiatives
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...
Philadelphia's Evolving Job Market: Navigating Tech Advancements and Economic Challenges in 2025
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...
Navigating Philadelphia's Evolving Job Market: Opportunities, Challenges, and Policy Considerations
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...
Philadelphia's Evolving Job Market: Navigating Stability and Uncertainty
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...
Philadelphia's Cautious Job Market: Navigating Stability and Skills Demand
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...
Philadelphia's Measured Job Market: Balancing Stability and Uncertainty in the Post-Pandemic Era
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...
Philadelphia's Job Market: Navigating a Complex Recovery
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...
Philadelphia's Cautious Jobs Landscape: Navigating Uncertainty and Resilience
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...
"Philly's Tech Boom: Cybersecurity, AI, and Data Science Opportunities Abound"
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...
