Philadelphia’s largest gain in advanced degree jobs has been among healthcare practitioners
The largest contributor to net new jobs requiring a bachelors degree or higher across the Philadelphia region has been within healthcare
December 18, 2019
- The largest contributor to net new jobs requiring a bachelors degree or higher across the Philadelphia region has been within healthcare, specifically Healthcare Diagnosing and Treating Practitioners, since the current economic cycle began. In total, 25,033 jobs have been added since 2007, an increase of 24%, which trails the 28% increase nationally over the same time. Locally, this trend appears to show no signs of slowing down, with Penn, Einstein, CHOP and Jefferson leading the way with the most unique job postings online since the beginning of the year. Looking closer at online job postings in 2019, 63% of them are for nursing roles. To meet this continued demand, local colleges are investing in their nursing programs. Last year, Rutgers-Camden opened a new 107,000 s.f., $62.5 million Nursing and Science building. In Philadelphia, Drexel University’s College of Nursing will be moving across the Schuylkill to a brand new facility at uCity Square in 2023, occupying a significant portion of a 450,000 s.f. building, with the rest of the building being occupied by other Drexel health-related programs.
- 13 new inpatient and outpatient hospital facilities over 40,000 s.f. have opened since 2010 across the region, representing over 2.7 million square feet of new construction, with only 230,000 s.f. of that happening within Philadelphia’s city limits. Next year, Penn will open their $200 million four-story, 250,000 s.f. outpatient facility in Radnor, adding to the growing trend of ambulatory care facilities in the suburbs for city-based hospital systems.
Source: JLL Research, EMSI, CoStar