Monthly Jobs Report: Philadelphia Unemployment Rate Holds Steady

According to the most recent monthly jobs report, the seasonally adjusted Philadelphia unemployment rate for May was 5.2 percent, unchanged from the month prior. After 13 consecutive months of growth, Philadelphia jobs numbers decreased by 4,300 on a seasonally adjusted basis in May. This was due in part to the Verizon strike.

Across the state, the seasonally adjusted unemployment rate for May was 5.5 percent, an increase of 0.2 percentage points from the previous reporting period. On a seasonally adjusted basis, the state lost 10,200 jobs in May.

How does this data impact area managers trying to staff Philadelphia jobs?

Robert Half Regional Vice President Stephanie Naznitsky notes that the unchanged Philadelphia unemployment rate means employers could still have difficulty finding the staff they need. She suggests that area managers take time to evaluate their hiring process and find ways to improve efficiencies by fostering collaboration with human resources. “Monthly meetings are one excellent means of getting everyone on the same page about hiring expectations, as well as interview scheduling,” she notes.

Area employers should also come up with a more efficient strategy for reviewing resumes. “Often, sorting through piles of resumes can be one of the most time-consuming parts of the hiring process,” Naznitsky says. “With an effective strategy in place, employers can learn how to more quickly and effectively spot red flags or pick up on important keywords,” she adds. “A better resume review process can help you reach in-demand candidates faster and gain an edge on the competition.”

Has the state of the current Philadelphia jobs market impacted your hiring plans? For assistance with your efforts, contact your local Robert Half recruiter at (855) 399-4842