Philadelphia has lost 240,000 jobs and 140,000 residents in the past thirty years.
While the 2010 census marked the first rise in the population of the City since 1950, Philadelphia has lost half a million people in the past half century.
Much of this can be blamed the business-unfriendly culture in the City: our taxes are too high, our regulations too cumbersome, and our government too difficult to deal with. As a result, our city unemployment rate is in the double digits.