As Philadelphia emerged from the economic slump of the pandemic, job growth in the city boomed compared other large urban centers across the country, according to a new analysis of federal employment data.
The increase in jobs was bolstered by the recovery of arts and entertainment organizations, hotels, restaurants and other service industry firms over the past five years, along with the long-term growth of hospitals and other healthcare providers, per a report by the Center City District business association (CCD).
Employment has recovered much more robustly since 2020 than it did after the Great Recession of 2008-2009, suggesting “certain fundamentals” in Philly’s economy are stronger than they were before, CCD said…