| Please Provide Information |
|
| |
|
|
|
| Philadelphia Apartment Locator Services : Philadelphia |  | Contents | |
| Economy |
The latest government figures show that Philadelphia,
among the top five metropolitan areas in population, has the
lowest unemployment rate. Its 5.3 compares to the national average
of 6.0. The area’s total nonfarm employment for October
gained 35,900 jobs since August.
The three sectors with the biggest growth during that three-month
period were wholesale/retail trade, services, and government
which accounted for 72% of the area’s total employment.
Growth in the manufacturing sector remains sluggish, but expectations
over the next six months continue to be optimistic, with two
out of three manufacturers planning additions to their workforce
in the second quarter of 2003.
Philadelphia--one of the nation’s top manufacturing, commercial,
financial, education, medical, and shipping centers--has emerged
a leader in the high-tech revolution. It also is the center
of a huge metropolitan area, which includes five Pennsylvania
counties and four New Jersey counties. Its highly diverse economy
embraces manufacturing, finance, healthcare, printing and publishing,
pharmaceuticals, biotechnology, retail, and tourism. The area
is served by excellent road and rail systems, the Philadelphia
International Airport, and a major international port.
|
|
|
|
|
