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Select Greater Philadelphia - Regional Data

Regional Data


LEADING EMPLOYERS
AVERAGE SALARY by OCCUPATION
WORKER'S COMPENSATION and   UNEMPLOYMENT INSURANCE
LABOR-MANAGMENT RELATIONS
EDUCATION ATTAINMENT
EMPLOYMENT TRENDS
  Employment by Industry Sector
  Resident Labor Force








Regional Data > Employment > Employment Trends

Employment Trends
  • Greater Philadelphia’s economy is more knowledge-based than ever before.
  • Highly skilled workers now make up 43 percent of the region's total employment (from industries such as education and health services, professional and business services, financial activities and information technology). 
  • In 1990, the manufacturing sector accounted for 13.7 percent of total non-farm employment in the region; by 2005 the sector’s employment share had fallen to 7.9%.  By contrast, in 1990 the private, services-providing sectors had 67.5% of the region’s total employment, by 2005 these sectors accounted for 73.7 percent of total employment due primarily to the rising importance of the knowledge economy.
  • Greater Philadelphia's annual non-farm employment during 2005 averaged 2.9 million workers, fourth largest among the U.S.'s ten largest metro areas based on their July 1, 2004 total population.
  • The growth rate is well above the 0.7 percent annual growth rate between 1990 and 2006.

Source: Complied by Select, Employment numbers from Greater Philadelphia Chamber of Commerce, Major Employees Directory, 2005.

To see further employment trends within the Greater Philadelphia region, visit:

SGP
The Delaware Valley Regional Planning Commission Population and Employment Forecasts*, 2000-2030.
SGP
Business Reviews and Economic Indexes for the Greater Philadelphia region, published by the Federal Reserve Bank.
SGP
Employment by Industry Sector in the Greater Philadelphia region.
 
   


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