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Philadelphia, PA Employment Information
Philadelphia, Pennsylvania Overview
As the nation's original capital, Philadelphia, Pennsylvania, is rich in history spanning more than three centuries. About 1.5 million people live in the city itself, making it the country's fifth largest city by population, and more than four million live in the metropolitan area. The city of Philadelphia makes up the entirety of Philadelphia County. The city is home to four Fortune 500 companies, and more than a dozen colleges and universities, including five medical schools and three major research institutions.
Philadelphia Cost of Living
If you're looking for jobs in Philadelphia, you might be surprised at the cost of living. For a city as large as Philadelphia, the cost of living is only 0.6 percent above the national average. Philadelphia has the sixth largest public transportation system in the country, which cuts down or eliminates the cost of owning and maintaining a car. The median household income, according to Forbes, is $60,636, and the median house price is $226,100.
Philadelphia Job Opportunities
Philadelphia's largest employers are mainly universities and healthcare facilities. The largest employer for Philadelphia jobs is Jefferson Health System Inc., with 18,740 employees. The University of Pennsylvania Health System comes in at number three on the list; it has nearly 15,000 employees. Philadelphia isn't the only place in the area to find healthcare jobs. Bryn Mawr, PA, is home to Main Line Health, a healthcare facility with more than 10,000 employees. Check Bryn Mawr jobs, too, if you're looking for healthcare jobs in the Philadelphia, PA, area.
The University of Pennsylvania is the second largest employer for Philadelphia, PA jobs, with 16,160 employees. Temple University and Drexel University are also on Philadelphia's list of top ten employers, with 14,000 and 9,829 employees respectively. The U.S. Bureau of Labor Statistics lists Education and Health Services as the Philadelphia industry with the largest number of employees. More than 200,000 people in the metropolitan area work in this industry.
The telecommunications industry in Philadelphia is substantial. Comcast, one of Philadelphia's four Fortune 500 companies, employs 12,858 people. Verizon has multiple locations in or near the metropolitan area, providing many jobs in Philadelphia, PA. Telecommunications and technology offer job seekers many options for Philadelphia jobs, from engineering to management to installation. Look for telecommunications jobs, and find a new way to use your skills.
Philadelphia Employment Trends
Forbes lists Philadelphia as number 84 on their list of Best Places for Business and Careers. The city's unemployment rate is 8.3 percent as of July 2014, according to the U.S. Bureau of Labor and Statistics. 2013 saw 0.8 percent job growth. Projected annual job growth is 1.9 percent.