Philadelphia Servicing the State of Pennsylvania with Staffing & Consulting Solutions

The healthcare, education and technology sectors are some of the developing industries that comprise Philadelphia’s diverse economy. It is also home to Temple University and the Children’s Hospital of Philadelphia. Over 20% of the city’s workforce is employed in the healthcare sector alone, according to the Bureau of Labor Statistics, while job opportunities in the tech sector increased by 15% in the previous year.

Philadelphia has a strong employment market with competitive pay. While technology professionals may make up to $80,000 annually, the average yearly pay is about $60,000. According to the Bureau of Labor Statistics, there are many job possibilities in the area’s local industries including healthcare, education and technology as the city’s unemployment rate of 3.8% is now lower than the national average.

Why Companies Thrive in Philadelphia

Philadelphia is a desirable commercial hub because of a number of important factors:

• Tax Incentives: The city provides enterprises with incentives and competitive tax rates. Businesses may save a substantial amount of money with the tax abatements offered by the Keystone Opportunity Zone (KOZ) program.
• Skilled Workforce: Philadelphia is home to distinguished colleges including Drexel University and the University of Pennsylvania, which contribute to its highly educated workforce. According to the U.S. Census Bureau, over 40% of its inhabitants have a bachelor’s degree or above.
• Low Crime Rates: The Philadelphia Police Department reports that total crime decreased by 5% over the previous year, continuing the city’s trend of declining crime rates.

Why People Love Living and Working in Philadelphia

Philadelphia has a lot to offer its citizens and potential residents:

• Affordable Housing: Compared to many other large cities, the area offers a wide range of reasonably priced housing alternatives, with a typical home price of about $250,000 (Zillow).
• High-quality Education: Philadelphia is home to both public and private educational institutions of great caliber. Reputable colleges like the University of Pennsylvania are located in the city, providing families with top-notch educational options.
• Strong Community: With over 2,000 churches located in the area, Philadelphia helps provide its residents with a strong sense of community.