It was 40 years ago this week that we reported the stunning news that Philadelphia unemployment had grown to a staggering 10%.
That’s the takeaway from a new report from Georgetown University’s Center on Education and the Workforce.
With the closure of possibly five casinos this year, more than 10,000 workers will or have faced layoffs.
Tourism officials in Atlantic City are hoping for some positive attention and energy as Miss America contestants arrive on the same day the Revel Casino closed.
The Showboat will close Sunday followed by the Revel on Monday with the Trump Plaza slated to close in mid-September affecting nearly 6,000 workers.
The state Department of Labor and Industry reported Friday that June’s labor force dropped by 28,000 to 6.4 million.
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The research analyzed things like the cost of living, average salary, employment rate and workplace conditions for all 50 states.
City officials also said the unemployment rate declined to 8% in March 2014 from 8.3% in February, according to preliminary data from the U.S. Bureau of Labor Statistics.
Officials say Pennsylvania’s unemployment rate dropped to 6.4% in January.
The Philadelphia Unemployment Project says the region will lose tens of thousands of additional jobs due to the expiration of federal unemployment benefits for those already jobless.
Philly, you’re good at a lot of things, but according to a new study saving money may not be one of them.
Chris continues to cover the aftermath of Chris Christie’s bridge scandal and digs into the case of the “Swiss Cheese Pervert” in Mayfair. He also talks to Michael Bronstein and Colin Hanna on the Monday Morning Matchup and James Carville, who will be at the Free Library of Philadelphia tonight.