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Originally Posted by 3rd&Brown
I agree, it's a very specific measurement of poverty and limited to 10 cities.
Incomes are growing very fast in the region and city in particular. Just today on the way back from the shore, I heard a piece on NPR about how job growth in the region is outpacing the country and other "hot" markets. I mean, our media outlets are finally reporting some of the good news.
In absolute terms, we added more jobs as a region than all but 4 other metropolitan areas.
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The jobs numbers are very encouraging for the region, because as I've also posted in the past (I follow these numbers religiously, lol) this trend of Philly performing better than the national average really does seem to be staying the course. It's been going on since at least spring of last year, with signs showing up even during the height of the pandemic.
Also, all signs are also pointing to income, poverty, and educational attainment metrics continuing on a trajectory of improvement (FYI, American Community Survey 1-year estimates are going to be released on Sept. 12th, so we'll soon get an update on those types of measures).
Even with a stagnant population number, there's no question that there's significant churn going on in Philly's population in terms of improved economic outcomes across the board.
There's still plenty to criticize and hand-wring about regarding Philadelphia, but the narrative has to stop being so needlessly negative and destructive. It just doesn't reflect the reality of how far the city has come and how resilient it is. Everyone wants faster progress, but the monumental change Philly is going through has to be measured in decades, not days.