Targeted Employment Area: Philadelphia County, Pennsylvania

Created on 12/18/2017 3:21:47 AM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Philadelphia County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Philadelphia County Pennsylvania and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Philadelphia County, Pennsylvania to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Philadelphia County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Philadelphia County may not be granted a designation letter -- or depending on project type, target areas, and Pennsylvania requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Philadelphia County Pennsylvania Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 42101 1,246,606 744,184 640,661 103,523 13.9% Yes
BLS 42101 n/a 707,571 659,423 48,148 6.8% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in Philadelphia County Pennsylvania. We have a growing network of EB-5 companies and professionals who are ready to assist you. Please contact us so that we may guide prior to engaging a centers who support Philadelphia County.

Philadelphia County, Pennsylvania

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