Some of the primary indicators of the characteristics of Greater Philadelphia's workforce include:
The 5th highest labor force among the nation’s largest metro areas, with a total of 3.16 million workers in February 2012.
More 956,000 workers in Management, Business, Financial, and Professional & Related occupations in 2010, 33.7% of all jobs.
About 925,400 jobs in occupations in 2010 requiring some post-secondary education for an entry level position; the 34% share of total employment was 6th highest among the 15 largest MSAs.
Almost 608,200 jobs, or 22.3% of the total, were in occupations needing a Bachelor’s degree or higher to obtain an entry level position in 2010; the share was 6th highest among the 15 largest MSAs. In addition, 127,000 jobs required an Advanced degree, the 4.7% share ranked 5th among the 15 largest MSAs.
A high level of productivity as shown by $130,900 of Gross Regional Product per worker in 2011, well above the US figure of $114,900.
The quality of Greater Philadelphia's workforce is shown by the concentrations of employment in occupational and industry clusters that require highly skilled and productive workers in 2010, including:
147,700 workers in Information and Communications Technology (ICT) occupations.
Almost 937,500 persons employed in Creative Class occupations as defined by Richard Florida; accounting for 33.1% of total GPR employment.
151,400 workers in Science, Technology, Engineering and Math (STEM), 5.4% of total employment, and a rate of 23.91 STEM jobs per 1,000 residents.
More than 1,149,000 workers in Knowledge occupations as defined by the Economic Development Administration (EDA), comprising 40.6% of total employment in 2010.
Nearly 466,400 jobs in the Professional and Business Services (PBS) industry sector in 2012; more than 313,000 were in sub-sectors (e.g., Scientific Research and Development, Law, Accounting, Computers, Scientific and Technical, and Management) with employment concentration ratios of 1.5 or higher.
Over 43,700 persons that were employed in Arts and Culture occupations as defined by New England Foundation for the Arts in 2010.
Source: Global Insight. Bureau of the Census County Population Estimates. Global Insight.
To see further employment trends within the Greater Philadelphia region, visit:
The Delaware Valley Regional Planning Commission Population and Employment Forecasts*, 2000-2030.
Business Reviews and Economic Indexes for the Greater Philadelphia region, published by the Federal Reserve Bank.
Employment by Industry Sector in the Greater Philadelphia region.
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