The two-year jobless rate increases ranged from 11.8 percentage points in Philadelphia County, PA, to 2.5 points in Cecil County, MD. The jobless rate increased 7.0 percentage points nationally.
Unemployment in the Philadelphia Area by County – June 2020.
| Area | United States | |
|---|---|---|
| Unemployment rates | Jun 2018 | 4.2 |
| Jun 2019 | 3.8 | |
| Jun 2020(1) | 11.2 | |
| Change from | Jun 2018 to Jun 2020(1) | 7.0 |
How is the job market in Philadelphia?
Philadelphia has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%. – The Sales Tax Rate for Philadelphia is 8.0%. The US average is 7.3%.
How many people are employed in Philadelphia?
679,396
QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more.
Table.
| Businesses | |
|---|---|
| Total employer establishments, 2020 | 29,331 |
| Total employment, 2020 | 679,396 |
| Total annual payroll, 2020 ($1,000) | 41,100,702 |
| Total employment, percent change, 2019-2020 | 1.6% |
Which city has the highest employment rate?
1. Las Vegas-Henderson-Paradise, NV
- Percentage change in employment since 2021: +12.6%
- Total change in employment since 2021: +116,600.
- Percentage change in employment since 2020: +0.1%
- Total change in employment since 2020: +1,100.
- Current unemployment rate: 5.4%
What city has the lowest employment rate?
In a April 2022 ranking of the unemployment rates in the United States’ larger metropolitan areas, Minneapolis-St. Paul-Bloomington, MN-WI had the lowest rate, at 1.5 percent. As of April 2022, the unemployment rate was highest in the Cleveland-Elyria, OH metropolitan area, and stood at 5.4 percent.
Does Philadelphia have good jobs?
Greater Philadelphia is one of the country’s hottest job markets, report says. A new report from ZipRecruiter ranks Greater Philadelphia among the hottest job markets in the country.
How much does it cost to live in Philadelphia?
Philadelphia cost of living is 101.2
| COST OF LIVING | Philadelphia | Pennsylvania |
|---|---|---|
| Grocery | 102.5 | 100.3 |
| Health | 98.4 | 97 |
| Housing | 66.3 | 75.1 |
| Median Home Cost | $221,400 | $234,800 |
Is Philadelphia a good place to live?
One of the top reasons people enjoy living here is East Coast living with affordable housing and a good job market. Many also love the big city amenities and unique charm. Philadelphia is rich in arts and culture, as well as dining opportunities, history and outdoor experiences.
Is Philly a Black city?
Non-Hispanic Black people make up 32% of Philadelphia’s population, and 44% when including Hispanic Black people. The native Black population represents the vast majority of Black Americans in the city and about 39% of the citywide population.
What is the median salary in Philadelphia?
Table
| Population | |
|---|---|
| Transportation | |
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 33.4 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $49,127 |
Which city is best for job?
5 Best Cities for Job Opportunities in India
- Bangalore. The first on the list is Bangalore, also known as the Silicon city of India.
- Delhi-NCR. Did you know that Delhi NCR is the world’s second-largest urban area comprising prominent cities like Delhi, Ghaziabad, Faridabad, Gurugram and Noida?
- Mumbai.
- Pune.
- Hyderabad.
Which city has more unemployment?
Las Vegas
Dive Brief:
| Rank | City | Adjusted unemployment rate (4/20) |
|---|---|---|
| 1 | Las Vegas | 42.03% |
| 2 | North Las Vegas, NV | 43.23% |
| 3 | Detroit | 51.21% |
| 4 | Henderson, NV | 38.84% |
What city in the US has the highest unemployment rate?
Los Angeles-Long Beach-Anaheim, CA
- Average annual unemployment rate in 2021: 8.7%
- Average number of unemployed workers in 2021: 576,693.
- Change in unemployment rate since 2020 (percentage points): -3.1.
- Change in unemployment rate since 2019 (percentage points): +4.5.
What state has the most job opportunities 2022?
Outside of this, about 22.5 million Americans work in government and 12.9 million work in manufacturing. In addition to the 157 million people in the American labor force, there are about 16 million people who are self-employed.
Employment Rate by State 2022.
| State | Employment Rate |
|---|---|
| Hawaii | 97.40% |
| New Hampshire | 97.40% |
| Virginia | 97.40% |
| Alabama | 97.30% |
What state has the lowest unemployment rate in the US?
Unemployment Minnesota had the lowest jobless rate in June, 1.8 percent, closely followed by Nebraska, 1.9 percent. The next lowest rates were in New Hampshire and Utah, 2.0 percent each.
Who has the highest unemployment rate in the world?
Top Ten Countries with the Highest Unemployment (World Bank 2020 data):
- South Africa – 29.2%
- Kosovo (partially recognized) – 26.2%
- Djibouti – 26.1%
- West Bank& Gaza Strip (occupied Palestine) – 25.9%
- Equatorial Guinea – 25.0%
- Botswana – 24.9%
- Grenada – 22.9%
- Eswatini – 22.7%
Is it hard to find a job in Philly?
Before the pandemic, the Philadelphia job market was growing steadily — sometimes even outperforming the rest of the country. However, the pandemic hit Philly pretty hard, according to the Pew Research Center. Since March 2020, Philadelphia has underperformed in job growth compared to the national growth rate.
Is it easy to get a job in Philadelphia?
Competition for jobs is high in Philadelphia, and while not impossible, finding employment can be difficult. Despite this, those who can secure work will be glad to know that salaries in Philadelphia are slightly higher than the national average.
What is a good salary in Philadelphia?
A good salary in Philadelphia, PA is anything over $47,000. That’s because the median income in Philadelphia is $47,000, which means if you earn more than that you’re earning more than 50% of the people living in Philadelphia. The average salary in Philadelphia is $56,317.
What salary do I need to live comfortably in Philadelphia?
If you follow the 50-30-20 budgeting rule to the T, listen closely: You need to earn just under $60,000 a year to live comfortably in Philadelphia. That’s according to a new analysis by Go Banking Rate, which found that you need to make exactly $59,384 to be able to live in Philadelphia.
Is rent expensive in Philadelphia?
Approximately 45% of Philadelphia housing is occupied by renters. In January 2021, the average rent for an apartment in Philadelphia was $1,666 (compared to the national average of $1,465). This monthly average is 51.26% lower than rental prices in Manhattan, which is just over an hour away from Philly by train.