Philadelphia has more jobs now – more than 640,000, according to the federal jobs census – than since the early 2000s.
That’s unlike wealthy Chester, Montgomery, and Bucks Counties, South Jersey, and the Princeton and Wilmington areas, which still have fewer people working than they did before the recession.
But there’s a big suburban exception, which should give those who want to renew Center City as a corporate center, something to think about:
In Delaware County, payrolls rose to 232,000 last year, up 2.8 percent since 2007 – modest, but twice as fast as in Philadelphia, according to federal data collected by research director Lauren Gilchrist at office broker JLL’s Philadelphia office. Read more here.