Philadelphia, also known as the “City of Brotherly Love” is the center of economic activity in Pennsylvania and while the economy is not at its best, Philly’s various industries continue to boom and jobs are a-plenty. Philadelphia’s biggest economic industries include healthcare, food processing, marketing and advertising, financial services, and manufacturing. From Philadelphia SEO companies to some of the most renowned hospitals in the world, Philadelphia is home to a variety of top company names. Check out these top five booming industries in Philly:
According to a recent statistic by City-Data.com, healthcare services in Philadelphia make up approximately 18 percent of the city’s jobs and 12 percent jobs in the city’s suburbs. There are hundreds of different types of healthcare jobs ranging from large hospital settings to small family practices to senior care facilities. With Hospital of the University of Pennsylvania, Thomas Jefferson University Hospital, and many more large healthcare facilities, it’s no wonder nearly 1/5 of Philadelphia’s jobs are in the healthcare industry. Sectors of the healthcare industry include: health IT, devices, diagnostics, biotech, and pharmaceuticals.
2. Food Processing
Philadelphia is also home to many food manufacturing and processing companies, creating a large amount of jobs within this industry. Common careers within this industry include Food Production Manager, Executive Chef, and more. Nearly 21% of Philadelphia’s jobs make up its food manufacturing industry.
3. Marketing and Advertising
The marketing and advertising industry is one that continues to grow, even in the current economy. Because technology and social media is continuously advancing, the marketing sector must keep up with it. Philadelphia has an abundance of SEO companies, advertising agencies, and public relations firms. Philadelphia is also home to several sports teams, which call for various jobs related to the broadcasting field.
4. Financial Services
Financial services careers also make up a large portion of Philadelphia’s careers. The city is home to many banks, financial institutions, and other financial-related sectors include real estate, insurance, and investment. In Phildaelphia, there are 224,100 people employed within this sector, with 430 firms that have over 100 employees.
According to a study by Philly.com, food production is Philadelphia’s top manufacturing sector. However, food processing isn’t the only type of manufacturing that the city is known for. Top manufacturing sectors include medical instruments, computer hardware, aerospace, paints, electrical equipment, plastics, pharmaceuticals, and petroleum. There are currently over 1,000 manufacturing establishments in Philadelphia and over 200 have more than 100 employees.
Philadelphia continues to prove to be a great place to work and these are just a few industries that continue to boom within the city. With such a large amount of quality jobs available, Philly is an ideal place from those looking for work, ranging from recent grads to skilled and experienced candidates. Many businesses within the industries listed above also expand their services to outside of the immediate Philadelphia area so next time you’re looking to outsource some of your business’ manufacturing or if you’re looking for a top SEO company, see what Philadelphia has to offer.