Is your organization conducting a round of layoffs? Do you need to provide outplacement support to your affected employees so that they can find new jobs and positions as soon as possible?
Philadelphia, the largest city in Pennsylvania, is home to a diverse population of workers. According to census data from 2019, approximately 1.6 million people live and work in Philadelphia County. Of these people, 45 percent are employed in the private sector and 55 percent are employed by government or non-profit organizations.
Of those working in the private sector, about 47 percent are women and 53 percent are men. About 32 percent of the workforce is under 39 years old and 14 percent is over 65 years old. The racial makeup of Philadelphia’s workforce includes African Americans (42%), Whites (37%), Hispanics (11%), Asians (7%) and other races/ethnicities (3%).
There has been an overall increase in the number of jobs since the early 2000s and wages have been rising as well. The median wage in Philadelphia is $47,600 per year, although there is a wide range of salaries depending on occupation. Outplacement services are capable of preserving employee wages since professional resume writers and career coaches are able to guide outplacement recipients to equal or better jobs going forward.
When it comes to education, nearly three-quarters (72%) of working adults in Philadelphia have some form of postsecondary degree. Additionally, about one quarter (26%) hold an associate’s degree or higher.
Philadelphia also has a growing millennial population which represents 34 percent of the city’s workforce. Millennials are attracted to the city for its diversity and job opportunities across various industries like technology, finance, healthcare and hospitality.
From healthcare to finance, there are plenty of opportunities available for those seeking gainful employment in the City of Brotherly Love – especially at firms that provide outplacement services during reductions in force. Here are some of the largest employers in Philadelphia, PA:
1. University of Pennsylvania – With over 20,000 faculty and staff members, UPenn is one of Philadelphia’s biggest employers. This prestigious university offers numerous degree programs and research opportunities while providing career growth and education benefits to its employees.
2. Temple University – Founded in 1884 as a private nonsectarian school, this public university now employs nearly 12,000 people including faculty and administrative staff members. Home to seven campuses throughout the Philly area, Temple University also provides numerous healthcare and educational benefits to its employees.
3. Children’s Hospital of Philadelphia – With more than 11,000 people employed, CHOP is the leading pediatric hospital in the nation. This world-class medical facility offers a wide range of services for children and their families including research, treatment, and education.
4. Comcast Corporation – This global media and technology company employs over 10,000 people in the city of Philadelphia alone. From salespeople to software developers, Comcast offers jobs in a variety of technical fields that involve cable television and high speed internet service delivery.
5. Aramark Corporation – Aramark Corporation is one of the largest food service providers in North America with nearly 10,000 employees in the Philadelphia area. This company offers jobs in food preparation, customer service, and retail sales while also providing job security to its staff.
Overall, Philadelphia has a thriving and diverse labor force that continues to grow as the city does. With its abundance of job opportunities, educational programs and diverse population, Philadelphia provides a great environment for workers to develop and succeed.