Philadelphia, PA — The Philadelphia Department of Labor released its Labor Force Survey (LFS) for July 01.
The report is now available for download in PDF format.
The report is an important update to the data that was published in March.
The LFS was designed to provide the most accurate and reliable information available on the labor market in Philadelphia.
The LFS is a monthly labor market report that provides data on the U.S. labor force and the labor supply in the country.
To view the LFS data, visit the LAF’s site at laborforce.philly.gov.
According to the LFSS, the labor demand for July is forecast to be approximately 60.3 million.
There are also some new developments.
While the Labor Force Participation Rate (LFPR) remained stable last month, the unemployment rate edged down to 6.7 percent.
Additionally, the LFPR declined from 7.4 percent in January to 6 percent in February.
However, the report noted that the LDPR remained below the long-run trend, and this is consistent with other measures of the labor-market health.
In addition, the Labor Market Conditions Index (LMCI) declined by 0.4 percentage points in July.
This is the measure of the health of the job market that is used by the Federal Reserve.
As the unemployment rates for those aged 16 to 64 decline, so does the likelihood of them receiving unemployment benefits.
For the first time, the percentage of the civilian labor force that is unemployed also decreased from the January LFS report.
Overall, the employment rate is expected to be 64.3 percent in July, which is down slightly from last month’s 65.4-percent employment rate.
Looking at the LSF data, the number of employed people in the city is expected rise by about 300,000.
This increase in the number working is in line with the growth of the population.
According to last month a large number of the unemployed are people who are over 65 years old.
The unemployment rate for people aged 16-64 is projected to be 10.3%.
Overall the Labor force participation rate in Philadelphia is expected grow by roughly 100,000 jobs in July compared to the January employment report.
The job growth in July was expected to result in the unemployment number for the city being slightly higher than the January number.
Finally, the population is expected for July to be nearly 3.3 times larger than it was last month.