Monday, July 26, 2010

Philly named Business Week’s No. 9 Strongest Job Market!

Finally there is some good news for Philly. According to Business Week, Philly is ranked as the 9th strongest job market in the country! Woo-hoo!

The ranking was produced by Manpower. According to Manpower, employers intend to increase hiring in the 3rd quarter of 2010. This is excellent news for those of you who have been searching and searching.

Employers in the construction, manufacturing and government sections of Philly will be increasing their hiring by 19%. According to the Philadelphia Business Journal, a solar-panel plant at the Navy Yard is expected to create 400 new jobs by next year; a deal with an import company will add another 270 port jobs and a project by Rowan University is expected to add an additional 400 jobs.

Of course this is just for a few industries and the unemployment rate is still at 9.4% for Philly and 9.2% for PA- on par with the overall unemployment rate for our country. But, considering what has happened over the last two years, this is still wonderful news for you, Philly. It may have taken awhile but we are finally starting to see a bit of relief and seeing some actual growth.

If you are interested in following the happenings on the stimulus front, check out the Philadelphia Business Journal. You can see where the stimulus money was being projected and you might want to even consider checking out some of the companies receiving stimulus. Could be a good job lead!

By: Nancy Anderson, Staff Writer

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