Philadelphia

As Salary Offers Soar, Here's How Much Wages Are Rising in Greater Philly

The Philadelphia region's wage increase falls just about in line with the national trend, as local workers are bringing in an average of $48 more per week than they were in February 2021

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Wages are steadily rising across the nation in a candidate-friendly market, but Philadelphia still found itself in the bottom half of wage increases in the nation's largest metros, the Philadelphia Business Journal reports.

That's according to a review of Bureau of Labor Statistics data by The Playbook, which found average weekly earnings rose 5.7% in U.S. metro areas between February 2021 and February 2022. The average employee in a metro area is taking home about $48 more than they were in February 2021 ($920.30 compared to $872.59).

The Philadelphia region's wage increase falls just about in line with the national trend, as local workers are bringing in an average of $48 more per week than they were in February 2021. Average weekly earnings jumped from $1,083 to $1,131 between February 2021 and 2022 in the region, making Philadelphia the 24th best-earning metro area of the 100 largest.

Read more about the greater Philadelphia region's wage increases at PBJ.com.

Get all your business news at the Philadelphia Business Journal.

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