Philadelphia’s job market remains resilient despite national concerns around tariffs and business uncertainty. In April 2025, the region added 14,800 jobs—a 1.5% increase year-over-year—while the unemployment rate fell to 4.2%, down from 4.7% in January.
The education and healthcare sectors continue to drive local employment, growing by 3.9% and contributing 28,700 new jobs over the past year.
These industries now support more than 761,800 workers across the 11-county metro.
However, not all sectors followed suit—construction saw the sharpest decline, losing 4,400 jobs amid a slowdown in development.
The mixed employment picture has varying implications for commercial real estate across the region.
Wolf Commercial Real Estate (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.
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