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 stands at 4.00% as of December 2024, which is lower than the long-term average of 6.05%. This rate has been trending downward, indicating a recovering job market[2].

Major industries in Philadelphia include Healthcare, Retail & Hospitality, and Business & Financial Services, which collectively account for a significant portion of the city's employment. The tech sector is also booming, with Philadelphia ranking 18th nationally in tech positions, and high demand for roles in cybersecurity, AI, and cloud computing. Companies like Comcast and various startups are driving this growth, with tech salaries averaging around $121,187[5].

Recent developments highlight the growth in tech job postings, exceeding 500,000 monthly, and significant funding initiatives transforming Philadelphia into a tech hub. Cybersecurity roles are seeing a 32% growth rate, while AI and ML engineers are in high demand with roles increasing by 35%[5].

Seasonal patterns in employment are evident, particularly in sectors like retail and hospitality, which tend to see fluctuations based on seasonal demand. Commuting trends are not extensively detailed in recent data, but the overall employment growth suggests a stable workforce.

Government initiatives and market evolution are focused on enhancing the city's attractiveness and competitiveness. The city government's five-year fiscal plan incorporates scenarios of uneven gains, reflecting efforts to balance economic recovery across different sectors[1].

Key findings indicate a resilient job market with significant growth in the tech sector, stable unemployment rates, and a diverse employment landscape. Here are a few current job openings: Cybersecurity Engineer with an average salary of $120,360, AI/ML Engineer with salaries up to $160,000, and Software Developer roles offering between $98,008 to $129,267 annually[5].

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 than the long-term average of 6.05%. Despite this, there was a slight increase in unemployment to 4.9% in the third quarter of 2024, with the number of unemployed residents rising to 37,048.

Major industries in Philadelphia include Healthcare, Retail & Hospitality, and Business & Financial Services, which collectively account for a significant portion of the city's employment. The Business & Financial Services sector alone accounts for 16.8% of total employment. Professional services workers are experiencing healthy wage gains of 6.5%, while service sector employees face more modest increases.

Recent developments highlight the resilience and challenges of Philadelphia's labor market. Employment numbers have remained relatively stable, but the rising cost of living, particularly in housing and everyday services, continues to outpace national averages. There are notable disparities in unemployment rates across different areas of the city, with higher rates concentrated in North, Northeast, and Southwest Philadelphia.

Seasonal patterns show fluctuations in unemployment rates, with higher rates typically observed in the summer months and lower rates in the winter. Commuting trends have been impacted by the rise in working from home, a trend accelerated by the pandemic.

Government initiatives focus on promoting business investment and economic growth to support job creation. The city's fiscal plan incorporates scenarios that aim to regain pre-pandemic growth trajectories, particularly in highly competitive parts of the economy.

In terms of market evolution, Philadelphia is adapting to the "new normal" post-pandemic, navigating economic uncertainty surrounding inflation, rising interest rates, and labor shortages. The labor force remains robust, but there are signs of careful calibration in hiring practices, with 118,390 job postings in the third quarter of 2024 reflecting more selective hiring.

Key findings include the city's gradual recovery, the importance of major industries, and the need for targeted support in specific communities to address unemployment disparities.

Current job openings include positions in professional services, such as financial analysts and management consultants, as well as roles in the healthcare sector, including nurses and medical administrators. Additionally, there are openings in the technology services sector, such as software developers and data analysts.

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, is rising faster than the national average[1].

Statistics show that the unemployment rate has fluctuated, but it remains lower than the long-term average of 6.05%. As of December 2024, the unemployment rate was at 4.0%, down from 4.1% the previous month and up from 3.4% a year ago[2].

Major industries in Philadelphia include manufacturing, with companies like DuPont, Axalta Coating Systems, Crown Holdings, and Sherwin-Williams offering a range of jobs in production and manufacturing. The city also has a significant presence of companies in the food, plastics, aerospace, and biopharmaceutical sectors[3].

Growing sectors in Philadelphia include cybersecurity, which is thriving with over 8,800 job openings and salaries 20% above the national average. Key growth areas are in healthcare, financial services, and government, with high demand for skills in cloud security, AI-powered tools, and risk management[5].

Recent developments indicate careful calibration in the job market, with more selective hiring practices reflected in 118,390 job postings in the third quarter of 2024. Notable disparities exist across the city, with higher unemployment rates concentrated in North, Northeast, and Southwest Philadelphia[1].

Seasonal patterns show some variability, but overall employment has recovered to pre-COVID levels in most industries. However, economic uncertainty surrounding inflation, rising interest rates, and labor shortages continues to impact the market[4].

Commuting trends and government initiatives are not extensively detailed in recent reports, but it is clear that targeted support is needed in specific communities to address unemployment disparities.

The market evolution in Philadelphia is marked by a strong recovery from the COVID-19 pandemic, though challenges such as inflation and labor shortages persist. The cybersecurity sector is particularly promising, with significant job growth projected through 2033.

Key findings include a stable but evolving employment landscape, rising costs of living, and strong growth in specific sectors like cybersecurity.

Current job openings include:
- Cybersecurity Engineer at Comcast, with salaries around $139,348 annually.
- Production Technician at Axalta Coating Systems, offering roles in production and manufacturing.
- General Laborer at Crown Holdings, with opportunities in manufacturing and production.

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, known as the Stunted Recovery, forecasts 704,800 jobs, a decrease of about 5% from pre-pandemic levels[1].

Statistics show that the unemployment rate in Philadelphia has been relatively stable. As of December 2024, the unemployment rate was 4.0%, lower than the long-term average of 6.05%. However, this rate has seen fluctuations, reaching a record low of 3.7% in December 2023 before edging higher to 4.9% in Q3 2024[2][4].

Major industries in Philadelphia include manufacturing, with companies like DuPont, Axalta Coating Systems, and Crown Holdings being significant employers. The healthcare and education sectors also remain crucial to the city's economy, though they are experiencing slower wage growth compared to previous quarters[3][5].

Growing sectors include professional services, which have seen healthy wage gains of 6.5% in Q3 2024. Despite this, many service sector employees face more modest wage increases. The cost of living, particularly housing and everyday services, continues to rise faster in Philadelphia than the national average[5].

Recent developments indicate a changing economic landscape with selective hiring practices, reflected in the 118,390 job postings in Q3 2024. Notable disparities exist across the city, with higher unemployment rates concentrated in North, Northeast, and Southwest Philadelphia[5].

Commuting trends have been influenced by the rise in working from home and online purchasing, trends accelerated by the pandemic. This shift affects sectors such as leisure and hospitality, which continue to face downward pressure due to reduced in-person activity[1].

Government initiatives focus on supporting specific communities with targeted programs to address the disparities in unemployment rates. The labor force remains robust, but there is a need for careful calibration in hiring practices to address the evolving economic landscape[5].

In terms of current job openings, positions are available in manufacturing, such as production operators at Axalta Coating Systems, production technicians at Crown Holdings, and various roles in logistics and chemical operations at Chemtura Corporation[3].

Key findings indicate that while Philadelphia's job market has recovered significantly, it still faces challenges related to inflation, labor shortages, and disparities in employment rates across different areas of the city. The market is evolving with a mix of growth in professional services and slower growth in traditional sectors like healthcare and education.

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 wage growth than in previous quarters[1].

The current unemployment rate as of December 2024 is 4.0%, which is lower than the long-term average of 6.05% and indicates a relatively strong labor market. However, there are notable disparities across the city, with higher unemployment rates concentrated in North, Northeast, and Southwest Philadelphia[2].

Major industries in Philadelphia include telecommunications, retail and wholesale, construction, and healthcare. Companies like Comcast Corporation, Aramark Corporation, and the University of Pennsylvania Health System are significant employers in the city. Comcast, for instance, offers a variety of roles from customer account management to technical positions, while Aramark provides services in food, facilities, and uniforms[3].

The tech sector is a growing and vibrant part of Philadelphia's job market, with the city ranking as the 18th largest tech employment market in the U.S. The average tech salary is $121,187, and emerging fields like AI, data analysis, and cybersecurity are thriving. The city's lower cost of living compared to other tech hubs makes it an attractive location for tech careers[5].

Recent developments include investments in inclusivity and digital equity, with the city's Office of Innovation and Technology implementing new strategies to modernize and enhance digital infrastructure. This has led to an increase in tech job postings and a dynamic job market landscape[5].

Commuting trends show that many tech jobs are concentrated within city limits, making it easier for employees to find opportunities without long commutes. Government initiatives focus on digital equity and modernization, supporting the growth of the tech sector.

Key findings indicate a resilient labor market with selective hiring practices, significant wage disparities, and a strong tech sector. Here are a few current job openings: a customer account manager at Comcast, a sustainability environmental engineer at FMC Corporation, and a software developer at various tech companies in the city.

In summary, Philadelphia's job market is characterized by stability in employment numbers, rising costs of living, and a thriving tech sector, with ongoing government initiatives to support economic growth and digital equity.

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 yearly bonuses.

Key statistics show that the unemployment rate in Philadelphia is currently at 4.10%, which is lower than the long-term average of 6.05%. Despite a slight increase from the previous year, the labor force remains robust. Professional services workers are seeing healthy wage gains of 6.5%, while service sector employees face more modest increases.

Trends indicate a strong demand for tech skills, particularly in cybersecurity, AI, and cloud computing. Cybersecurity roles are projected to grow by 32%, with average salaries hitting $120,360. AI and ML engineers are also in high demand, with roles increasing by 35% and some positions reaching the $160,000 mark.

Recent developments include significant funding initiatives that are transforming Philadelphia into a tech powerhouse. Companies backed by accelerator programs have raised over $1.85 billion in funding, contributing to the city's tech boom.

Seasonal patterns show stability in employment numbers, although the cost of living, especially housing and everyday services, continues to rise faster than the national average. Commuting trends are influenced by the availability of remote work options offered by many employers, including Comcast and FMC Corporation.

Government initiatives and market evolution are focused on supporting targeted communities with higher unemployment rates, such as North, Northeast, and Southwest Philadelphia. The job market reflects careful calibration with more selective hiring practices, as evidenced by the 118,390 job postings in the third quarter of 2024.

Current job openings include positions at Comcast Corporation for customer account managers, software developers at companies like Hill International, and data scientists at the University of Pennsylvania Health System.

Key findings highlight Philadelphia's strong and resilient job market, driven by significant growth in the tech sector and supported by major employers across various industries. Despite challenges such as rising costs of living, the city's employment landscape remains stable and promising.

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 healthy wage gains of 6.5%, while service sector employees face 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[1].

Major industries in Philadelphia include telecommunications, retail and wholesale, construction, and healthcare. Notable employers include Comcast Corporation, Aramark Corporation, Children's Hospital of Philadelphia, Temple University, and the University of Pennsylvania Health System. These institutions dominate the employment scene, with many being non-profit or educational entities, which contributes to the stability of jobs in the city[3][4].

Growing sectors in Philadelphia include cybersecurity, with over 8,800 job openings and salaries 20% above the national average. Key growth areas are in healthcare, financial services, and government, with high demand for skills in cloud security, AI-powered tools, and risk management[5].

Recent developments indicate a slowing pace of job growth since the post-pandemic recovery. While the economy is still trending upwards, the annual percent increase in jobs is lower than in 2021. However, the average annual percent growth in 2022 and 2023 remains higher than pre-pandemic levels[4].

Seasonal patterns show that job growth has been high since mid-2021 but is declining. Commuting trends are not explicitly detailed in recent data, but flexible work arrangements, including remote work options, are becoming more common among major employers[1][3].

Government initiatives are not specifically highlighted in recent reports, but targeted support in communities with higher unemployment rates, such as North, Northeast, and Southwest Philadelphia, is suggested due to notable disparities[1].

The market evolution indicates a return to pre-pandemic employment trends with a focus on stability in sectors like education and healthcare. Cybersecurity is a rapidly growing sector, offering significant opportunities for job seekers.

Current job openings include:
- Cybersecurity Analyst at Comcast Corporation, focusing on cloud security and incident response.
- Administrative Manager at Aramark Corporation, involving human resources and facilities management.
- Sustainability Environmental Engineer at FMC Corporation, focusing on agricultural chemicals and sustainability.

Key findings highlight Philadelphia's resilient labor market, despite challenges such as rising unemployment and cost of living. The city's job market is driven by stable sectors like healthcare and education, with growing opportunities in cybersecurity and other tech fields.

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 of unemployed individuals. Despite this, the labor force saw a slight decline due to changes in employment and unemployment numbers[4].

Major industries in Philadelphia include manufacturing, with notable companies such as DuPont, Axalta Coating Systems, Crown Holdings, and Sherwin-Williams. These companies offer a wide range of jobs in manufacturing, production, and related fields. Other significant sectors include food manufacturing, plastics, aerospace, and biopharmaceuticals[3].

The tech sector is experiencing rapid growth, with Philadelphia ranking 18th nationally in tech positions. Cybersecurity, AI, and cloud computing are highly in demand, offering salaries over $120,000. Cybersecurity roles, in particular, are projected to grow by 32% with 38,000 job openings anticipated[5].

Recent developments include significant funding initiatives that are transforming Philadelphia into a tech hub. Companies like Comcast and various startups are driving this growth, with over $1.85 billion raised in funding. This has led to a surge in tech job postings, exceeding 500,000 monthly[5].

Seasonal patterns and commuting trends have been influenced by the shift towards remote work, although there is a gradual return to in-person activity. Government initiatives focus on promoting business investment and economic growth to support job creation across various sectors[1].

In terms of current job openings, positions such as cybersecurity specialists, AI and ML engineers, and software developers are highly sought after. For example, companies are looking for cybersecurity experts with skills in Python and data analytics, offering salaries around $120,360. Software developers with expertise in React and Angular are also in high demand, with salaries ranging from $98,008 to $129,267[5].

Key findings indicate a strong recovery in the job market, driven by growth in the tech sector and a gradual return to in-person economic activities. However, there are still challenges related to labor shortages and economic uncertainty surrounding inflation and interest rates. Overall, Philadelphia's job market is evolving towards a more tech-driven and competitive economy.

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, while the Education and Health Services sector saw a decrease of 3,800 jobs. Wage growth across sectors has been modest, and Philadelphia's inflation rate of 3.59% continues to outpace the national average of 2.97%, indicating ongoing cost pressures.

Major industries in Philadelphia include manufacturing, with companies like DuPont, Axalta Coating Systems, and Crown Holdings being significant employers. The city's job economy is largely driven by the Education and Health Services sectors, with many of the city's twenty largest employers being educational and medical institutions or nonprofit organizations.

Growing sectors include the manufacturing and leisure industries, although overall job growth has been slowing down since the initial post-pandemic recovery. Job growth over 2020 was high, but the rate of growth has been declining, with only a 2.5% increase in jobs from December 2022 to December 2023.

Geographic disparities in unemployment are notable, with higher rates concentrated in North, Northeast, and Southwest Philadelphia, highlighting the need for targeted interventions and support programs. Individuals aged 25 to 34 have the highest labor force participation rates, and higher educational attainment correlates with higher participation and employment rates and lower unemployment rates.

Recent developments include a steady increase in payrolls, indicating resilient employer demand. However, the city's private sector job growth lags behind other cities due to its strong presence of educational and health services.

Seasonal patterns show fluctuations in unemployment rates, but overall, the labor force has remained stable. Commuting trends are not specifically highlighted in recent data, but the stability in employment suggests a consistent workforce.

Government initiatives focus on addressing geographic disparities and supporting sectors with declining employment. The city benefits from the stability of jobs in Government and Education and Health Services sectors, although this may result in comparatively lower profits generated.

In conclusion, Philadelphia's job market is evolving with a mix of growth and challenges. Key findings include a rising unemployment rate in mid-2024 that has since decreased, modest wage growth, and sector-specific employment changes.

Current job openings include:
- Production Technician at DuPont, involving roles in manufacturing and production.
- Quality Inspector at Crown Holdings, focusing on packaging products.
- Production Operator at Axalta Coating Systems, related to industrial coating systems.

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 an average of 2,400 new jobs annually between 2006 and 2016.

Recent statistics show that the Consumer Price Index (CPI) in Philadelphia continued its upward trend, reaching 3.59% in June 2024, higher than the national average of 2.97%. Wage growth across the private sector has been modest, and the city's inflation rate has outpaced the national average, highlighting ongoing cost pressures.

Trends indicate that job growth has been slowing down since the initial post-pandemic recovery. While the number of jobs in December 2021 was 9% greater than in December 2020, by December 2023, the increase was only 2.5% compared to December 2022. This reflects a return to pre-pandemic growth rates.

Major industries include Education and Health Services, which drive a significant portion of the city's job economy. The city's twenty largest employers are predominantly educational and medical institutions or nonprofit organizations, with only four being for-profit companies.

Growing sectors include Leisure and Hospitality, which added 3,000 jobs in Q2 2024, although this sector has seen fluctuations. Technology Services and Early Childhood Education also showed growth, albeit at a slower pace.

Recent developments include geographic disparities in unemployment, with higher rates concentrated in North, Northeast, and Southwest Philadelphia. This highlights the need for targeted interventions and support programs in these areas. Individuals aged 25 to 34 have the highest labor force participation rates.

Seasonal patterns are evident, with unemployment rates fluctuating over the quarters. For instance, the unemployment rate dropped to 3.7% in December 2023 but rose again in the following months.

Commuting trends are not extensively detailed in recent reports, but the stability of the labor force suggests that commuting patterns may not have seen significant changes.

Government initiatives focus on addressing economic uncertainties, including inflation and labor market fluctuations. There is an emphasis on supporting sectors that have been impacted and on targeted interventions for areas with higher unemployment rates.

The job market in Philadelphia is evolving with a return to pre-pandemic growth rates and ongoing economic adjustments influenced by broader monetary policies. Key findings include the importance of stable sectors like Healthcare and Education, the need for targeted support in high-unemployment areas, and the ongoing impact of inflation on wage growth.

Current job openings include positions in Healthcare, such as Registered Nurses and Medical Assistants, roles in the Business & Financial Services sector like Financial Analysts, and jobs in the Retail & Hospitality sector such as Customer Service Representatives and Hotel Managers.