ABOUT PHILADELPHIA’S LABOR MARKET IN NOVEMBER 2018
FAST FACTS ABOUT PHILADELPHIA’S LABOR MARKET IN NOVEMBER 2018
Philadelphia city experienced an increase in employment to 681,681– a increase of 721 more employed from the previous month. The unemployment was 5.0 percent. Over 35,000 individuals were unemployed in Philadelphia in November 2018.
Unemployment Rate: About 35,000 individuals were unemployed. The number of unemployed individuals decreased from a month earlier by 1,864 and decreased by over 4,699 workers compared to a year earlier, October 2017.
Unemployment: About 35,000 individuals were unemployed. The number of unemployed individuals decreased from a month earlier by 1,864 and decreased by over 4,699 workers compared to a year earlier, October 2017.
Employment: More than 681,000 residents were working in November 2018. The number of employed individuals increased from the previous month by 721. 12,041 more workers were employed compared to a year earlier – November 2017.
Labor Force: The labor force decreased over the previous month and increased from the previous year. Over 717,000 individuals were in labor force in November 2018. 1,143 less workers participated in the labor force compared to the previous month and over 7,342 more 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).