Quote:
Originally Posted by McBane
All well n good to write off companies that have left WHEN you have an equal or greater number coming in. But that's not happening either. Tiny start-ups and small satellite offices from companies already in the region are not offsetting these losses.
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I'm just going to point out that this is demonstrably false. Job growth in the city has been steady for the past decade. The Professional and Business services sector had grown by 75% from 2010 before the covid crash hit. Check the BLS data. The tiny start-ups and small satellite offices more than make up for the loss of a couple of already moribund companies.
https://www.bls.gov/eag/eag.pa_philadelphia_co.htm
Total (non-farm) jobs
The Professional and Business services