Submitted by carlosdangertaint t3_zn5c7y in philadelphia
ScottishCalvin t1_j0gdacd wrote
The irony is that so much of things made by Philadelphians are made outside the city limits in KOP or Delaware (not Philadelphia) in order to avoid the tax+regulatory environment that sees jobs and employment as the enemy.
GreenAnder t1_j0gigm2 wrote
You do know that the City itself has added jobs every year outside the pandemic years since 2009 right?
CerealJello t1_j0gj77u wrote
This isn't a very useful metric without comparing it to job growth in the surrounding counties.
GreenAnder t1_j0i7hwl wrote
I was tempted to just say more job good but Philly has had better growth then the surrounding area on average
Sixmonths_Newaccount t1_j0h16ya wrote
Isn't it though? The population is flat or declining so that means higher employment while any job gains in the burbs probably coincide with increased population. Also the fact that the city still adds jobs while competing with neighbors who also add jobs is a good sign and means the city still offers more to employers
Acct_For_Sale t1_j0vmm53 wrote
Got any examples?
ScottishCalvin t1_j0z49pl wrote
Ask anyone driving the Blue Route or I95 south. Every day, tens of thousands of people drive out of the city to a job 15-20 miles away. In any other city, those jobs would be "downtown" in center city but instead we have prime land being use for parking lots rather than office blocks. As to rules, a culprit is taxing gross rather than net, which means that most financial services are unable to operate unless they're large enough to construct a balance sheet that parks money elsewhere. This is why we have large companies (who also cut tax deals) but the small/startup scene is dead compared to almost any other similarly sized city in the country
Acct_For_Sale t1_j11pb3w wrote
I mean like examples of stuff made/companies in Delaware/KOP
ScottishCalvin t1_j12ohun wrote
Google can get you that very quickly. Just search "fintech king of prussia" and click on the Map view and see where they are. Note how in New York (or Miami or wherever) those sorts of companies set up in the last decade are based within the city, not. Those are literally 10s of thousands of jobs that should be wanting to move into a skyscraper that could be built on one of the many parking lots that are being turned into mid-size development student housing.
Manufacturing is a similar easy ask: https://www.zippia.com/company/best-manufacturing-companies-in-king-of-prussia-pa/
I speak as a transplant but when I bought a place here, I didn't realise that every single one of my interviews would involve driving 20 miles away. I work in Delaware, for a company whose CEO commutes from here.
Viewing a single comment thread. View all comments