
About
Labor Markets and Opportunity
Welcome to Labor Markets and Opportunity, a source for Philadelphia Fed research, data, and perspectives on labor markets and economic opportunity. As part of our efforts to ensure a strong economy, we conduct research into labor markets and the conditions that encourage job creation, vital regional economies, and opportunity for all.

About
One of the most important things we do at the Federal Reserve is track labor market conditions. It helps us achieve our dual mandate of price stability and maximum employment.
The U.S. economy is strongest when everyone can participate. That’s why the Philadelphia Fed examines disparities in the labor market and informs solutions that promote economic mobility for workers without a four-year degree, women, people of color, and other groups who historically haven’t been able to fully participate.
Latest Publications
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Report
Understanding Economic Stability and Economic Mobility in Philadelphia
10 April ’25
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Article
Firm-Level Pay Policies and the Labor Market
Q1 2025
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Article
Nonworking Parents or Hungry Children
Q4 2024
Featured Tools and Data

Explore the economic impact of anchor institutions in 524 regions across the U.S. The reliance index demonstrates how dependent regional economies are on these institutions and provides a measure of the national average.

We track the rate at which U.S. workers transition from one employer to another in a given month. Expressed as the share (percentage) of movers among all employed workers in the previous month, the data provide a timely gauge of the pace of worker reallocation in the U.S. labor market.

The updated Occupational Mobility Explorer allows you to visualize how skills needed for lower-paying jobs can transfer to similar jobs with higher pay. Explore nearly 600 occupations across 500-plus U.S. locations.
Featured Experts

Economic Advisor and Economist

Community Development Research Analyst

Director, Anchor Economy

Economic Advisor and Economist

Community Development Research Analyst

Senior Economic Advisor and Economist

Economist and Economic Advisor

Director, Economic Growth & Mobility Project

Economic Advisor and Economist

Outreach Economist and Advisor