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Job Growth Is up in Philly, but Many Downtown Offices Remain Vacant
Philadelphia's employment increased 13.6% since 2020, led by health care and social assistance growth, but finance and real estate sectors grew only 1%, keeping office vacancies high.
Summary by Billy Penn
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3 Articles
Job growth is up in Philly, but many downtown offices remain vacant
As Philadelphia has emerged from the economic slump of the pandemic, job growth in the city boomed compared other large urban centers across the country, according to a new analysis of federal employment data. The increase in jobs was bolstered by the recovery of arts and entertainment organizations, hotels, restaurants and other service industry firms over the past five years, along with the long-term growth of hospitals and other healthcare pr…
·Philadelphia, United States
Read Full ArticlePhiladelphia job growth is strong post-pandemic, but office vacancy persists
Philadelphia has seen a 13.6% growth in employment in the five years since the COVID-19 pandemic. The city has stronger job growth than the average among the nation's largest counties, but office vacancy remains high.
·Philadelphia, United States
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Total News Sources3
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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