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PODCAST

Philadelphia Job Market Report

Inception Point Ai

Welcome to the "Philadelphia Job Market Report" podcast, your essential source for the latest updates, trends, and insights into the job market in Philadelphia. Whether you"re a job seeker, employer, or just curious about the economic landscape, we provide in-depth analysis and expert interviews to help you navigate the ever-changing employment scene. Stay informed about high-demand industries, emerging job opportunities, and career advice tailored specifically for the Philadelphia region. Tune in

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All Episodes

3:32

Philadelphia's Job Market in 2025: Stability Amid...

Philadelphia Job Market Report ·

2025/08/29

The job market in Philadelphia remains stable but has seen a recent slowdown, reflecting national trends of stagnant labor mobility and lower payroll growth as reported by CBS News and the Bank of America Institute. The Bureau of Labor Statistics projects that total U.S. employment will increase by 5.2 million over the next decade, with growth especially concentrated in healthcare and social assistance. For Philadelphia, the unemployment rate typically hovers just above 4.6 percent, according to BOB

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3:36

Philadelphia's Evolving Job Market: Tech Reshapes...

Philadelphia Job Market Report ·

2025/08/25

Philadelphia’s job market in late August 2025 is marked by selective growth, emerging technology impacts, and robust hiring in key sectors. According to the Chamber of Greater Philadelphia, payrolls are inching upward with many firms, especially in finance and technology, engaging in targeted hiring after a period of rapid post-pandemic expansion. The overall hiring pace has slowed compared to the last few years, but there is stability in employment, particularly where firms invest in new

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3:47

Philadelphia's Job Market Pivot: Automation, Hybrid...

Philadelphia Job Market Report ·

2025/08/22

Philadelphia’s job market in August 2025 is showing notable signs of slowing, with softening momentum across key sectors. The Philadelphia Fed’s employment index declined to 5.9, its first dip below 6.0 in over a decade, indicating a weaker labor market and pronounced divergence between industries. Durable goods manufacturing, driven by automation and infrastructure demand, is outpacing nondurables, while most employers are maintaining current headcounts and relying more on extended work hours

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4:23

Philadelphia's Thriving Job Market: Diversified...

Philadelphia Job Market Report ·

2025/08/15

The job market in Philadelphia remains robust as of August 2025, with Pennsylvania’s unemployment rate steady at 4.0 percent for July, matching its lowest levels in over two years according to reports from LVB and the Times Leader. This represents only a slight uptick from 3.6 percent in July 2024 and continues the state’s streak of being at or below the national rate for twenty-seven consecutive months. Employment levels across the state are at a record high, with 6.24 million jobs reported in July

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3:59

Philadelphia's Resilient Job Market: Growth,...

Philadelphia Job Market Report ·

2025/08/08

Philadelphia’s job market remains resilient in 2025, defined by steady labor force growth and an unemployment rate rising slightly to 4.2% in July according to recent fixed income commentary. The city’s total labor force climbed to 783,779 in June, about 2,100 more than the previous month, reflecting ongoing expansion in employment opportunities. However, initial filings for unemployment claims in Pennsylvania rose modestly in late July and early August, indicating pockets of vulnerability amid

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3:53

Philadelphia's Shifting Job Market: Balancing Growth,...

Philadelphia Job Market Report ·

2025/08/04

Philadelphia’s job market in August 2025 is marked by modest growth, stubborn competition, and significant shifts in workforce participation. Nonfarm payroll data from the Bureau of Labor Statistics, as reported by Penn Mutual Asset Management and The Daily Record, shows the city added fewer jobs than anticipated in July, with only 73,000 positions filled and a rising unemployment rate that now stands at 4.2 percent, reflecting a slowdown in hiring momentum. This rate tracks just above the national

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3:43

Philadelphia's Shifting Job Landscape: Resilience...

Philadelphia Job Market Report ·

2025/08/01

Philadelphia’s job market in August 2025 is showing signs of cooling, with employment growth slowing and the unemployment rate edging up to 4.2 percent, as reported by CBS News, aligning with the national trend of softer hiring and mounting economic pressures. The U.S. Bureau of Labor Statistics notes that while June brought modest nonfarm payroll gains, with key growth in state government and health care, the overall labor force participation rate is holding steady at 62.3 percent, and average

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4:24

Philly's Evolving Job Market: Healthcare, Tech, and...

Philadelphia Job Market Report ·

2025/07/28

The job market in Philadelphia in mid-2025 is showing signs of cautious recovery, though challenges remain, especially for new jobseekers. National job growth is slowing according to recent reporting by the Bureau of Labor Statistics, with 139,000 new jobs created last month compared to 147,000 the month prior. The U.S. unemployment rate has fallen slightly to 4.1 percent, partly due to a shrinking labor force, and Philadelphia’s job market mirrors these national patterns, with limited fast-paced

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3:55

Resilient Philadelphia Job Market Offers Diverse...

Philadelphia Job Market Report ·

2025/07/25

Philadelphia’s job market remains resilient and diverse, offering steady opportunities across a spectrum of industries. According to the Pennsylvania Department of Labor, the state unemployment rate stood at 3.9 percent in May 2025, slightly below the national rate, with Philadelphia following this trend. Unemployment claims have continued to decline across Pennsylvania for several weeks, signaling continued economic recovery and robust hiring activity. The metropolitan area’s employment landscape

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3:22

Philadelphia's Resilient Job Market: Steady Growth,...

Philadelphia Job Market Report ·

2025/07/21

The job market in Philadelphia as of July 2025 shows steady resilience and ongoing change. Pennsylvania’s overall unemployment rate stands at 4.0 percent as of June 2025, which is slightly up by one-tenth of a percent over the previous month, but still remains below the current national average according to the Department of Labor. Labor markets across the region have shown mild improvement, although employers remain somewhat cautious on hiring due to policy and economic uncertainty. Monthly job

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3:31

Philadelphia's Resilient Job Market: Diverging...

Philadelphia Job Market Report ·

2025/07/18

Philadelphia’s job market in mid-2025 reflects both resilience and diverging trends across sectors. According to the Philadelphia Federal Reserve, the Q2 2025 Employment Index indicates modest employment growth in the city and the broader Third Federal Reserve District, though underlying figures show a recent contraction with the June reading at its lowest since the pandemic’s peak in May 2020. The labor market split is striking: manufacturing is rebounding on strong demand for machinery and

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3:59

Philadelphia's Evolving Job Market: Trends,...

Philadelphia Job Market Report ·

2025/07/14

Philadelphia’s job market in 2025 remains one of the most robust among major US cities, though it comes with notable challenges and dynamic trends. According to azbigmedia.com, Philadelphia is recognized for its strong job market and attractive urban living, but also faces a hefty cost of living, ranking among just four large US cities to experience a 40% or greater increase in key economic indicators over recent years. The Bureau of Labor Statistics highlights rapid growth in specific sectors like

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3:23

The Future of Philadelphia's Evolving Job Market:...

Philadelphia Job Market Report ·

2025/07/09

The Philadelphia job market in mid-2025 is marked by heightened uncertainty and notable stress among workers, as reported by WalletHub, which identified Philadelphia among the most-stressed cities in America with some of the nation’s highest unemployment and poverty rates. The unemployment rate in the city hovers above the national average, with forecasts from the Federal Reserve Bank of Philadelphia predicting a rise to 4.5% in the second half of the year, up from a previous 4.2%. This anticipated

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3:33

Philadelphia's Job Market Outlook: Balancing Growth,...

Philadelphia Job Market Report ·

2025/07/09

Philadelphia's job market as of July 2025 shows a complex landscape shaped by national economic shifts, local industry momentum, and recent policy changes. According to the Federal Reserve Bank of Philadelphia, the city's unemployment rate is expected to rise slightly in the second half of the year, moving from about 4.2 percent to around 4.5 percent. This uptick comes amid declining job growth forecasts due to national policies on tariffs and immigration, although tighter immigration could cushion

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3:19

Philadelphia's Thriving Tech Hub: Uncovering the...

Philadelphia Job Market Report ·

2025/06/23

The job market in Philadelphia is exhibiting robust growth and dynamic changes. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area reported a total nonfarm employment of 3,116,400 jobs. Over the year ending in July 2024, the area saw an increase of 66,200 jobs, reflecting a 2.2 percent growth rate, which is higher than the national average of 1.6 percent.Employment statistics indicate a strong labor market, although the outlook at the close of 2024 was more

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3:12

Philly's Resilient Job Market: Tech Boom, Cautious...

Philadelphia Job Market Report ·

2025/06/18

The job market in Philadelphia is characterized by a mix of stability and cautious growth. As of March 2025, the Philadelphia-Camden-Wilmington metropolitan area had a total nonfarm employment of 3,116,400, reflecting a year-over-year increase of 66,200 jobs, or a 2.2 percent growth rate, which is higher than the national average of 1.6 percent.In the city of Philadelphia itself, employment dipped moderately to 703,239 in December 2024, with the labor force easing to about 735,317. The unemployment

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3:17

Philadelphia's Mixed Job Market Outlook: Tech Boom,...

Philadelphia Job Market Report ·

2025/06/16

The job market in Philadelphia as of 2025 presents a mixed outlook. Despite some signs of cooling, the city maintains a robust workforce. Total nonfarm employment in the Philadelphia-Camden-Wilmington metropolitan area stood at 3,116,400 in March 2025.Employment in Philadelphia dipped moderately in December 2024 to 703,239, with the labor force easing to roughly 735,317. The unemployment rate remained relatively stable at 4.4%, indicating a cautious stance among businesses and job seekers due to

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3:35

Philadelphia's Job Market Navigates Growth, Caution...

Philadelphia Job Market Report ·

2025/06/16

The job market in Philadelphia is characterized by a mix of growth, stability, and some signs of caution. As of March 2025, the Philadelphia-Camden-Wilmington metropolitan area had a total nonfarm employment of 3,116,400 jobs. Over the year, the area saw an increase of 66,200 jobs, with a local job gain rate of 2.2 percent, surpassing the national rate of 1.6 percent.The employment landscape is diverse, with significant gains in the education and health services sector, which added 33,900 jobs,

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3:00

Philadelphia's Job Market: Resilience Amid Uncertainty

Philadelphia Job Market Report ·

2025/06/09

The job market in Philadelphia has shown a mix of resilience and caution in recent times. As of March 2025, the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area had a total nonfarm employment of 3,116,400 jobs. This represents a year-over-year increase of 66,200 jobs, or a 2.2 percent growth rate, which is higher than the national average of 1.6 percent.Despite this growth, the labor market in Philadelphia faced a more tentative outlook at the close of 2024. Employment in the city

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3:08

Philadelphia's Job Market: Resilience, Challenges,...

Philadelphia Job Market Report ·

2025/06/04

The job market in Philadelphia has shown a mix of resilience and challenges in recent times. As of March 2025, the Philadelphia-Camden-Wilmington metropolitan area had a total nonfarm employment of 3,116,400, reflecting a year-over-year increase of 66,200 jobs, or a 2.2 percent growth rate, which is higher than the national average of 1.6 percent.In the city of Philadelphia itself, employment dipped moderately to 703,239 in December 2024, with the labor force easing to about 735,317. Despite this,

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