ABOUT PHILADELPHIA’S LABOR MARKET IN JULY 2018
FAST FACTS ABOUT PHILADELPHIA’S LABOR MARKET IN JULY 2018
Philadelphia city experienced an increase in employment to 670,849– a increase of 6,932 more employed from the previous month. The unemployment was 5.9 percent. Over 42,000 individuals were unemployed in Philadelphia in July 2018.
Unemployment Rate: The unemployment rate in July 2018 was 5.9 percent. The unemployment rate increases by 0.2 percent over the month.
Unemployment: About 42,000 individuals were unemployed. The number of unemployed individuals increased from a month earlier by 2,156 and decreased by over 7,000 workers compared to a year earlier, July 2017
Employment: More than 670,000 residents were working in July 2018. The number of employed individuals increased from the previous month by 6,932. 2,799 more workers were employed compared to a year earlier – July 2017.
Labor Force: The labor Force increased over the previous month and declined from the previous year. Over 713,000 individuals were in labor force in July 2018. 9,088 more workers participated in the labor force compared to the previous month and over 4,201 fewer residents were in the labor force- compared to the previous year.
An equivalent table will be included on the website from datawrapper
The charts below show the percentage changes in the employment, labor force, and unemployment since January 2012 – the year when unemployment reached its peak after the Great Recession. In February 2016 employment across the nation has returned to the pre-recession levels. Philadelphia County experienced a different recession story – Philadelphia had decreases in employment later compared to the nation and Pennsylvania and the decreases were not as deep locally as statewide or nationally. Philadelphia returned to the pre-recession employment levels in January 2010.
Computer and Mathematical; Management; Business and financial operations; Sales and Related; Healthcare pract; and Office and Administrative Support occupations were the most advertised occupational families with over 5,300 postings in each group. Highest increases were Computer and Mathematical occupations (19.6 percent) and Food preparation (9.4 percent).