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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
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…

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Philly Voice broke the news in Philadelphia, United States on Wednesday, September 17, 2025.
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