Today we bring something new to our newsletter. Starting this week, we’ll give you an interesting metric, statistic, or number that’s important for the Philadelphia region, from economic indicators to price tags for major acquisitions. Check out the bottom of the newsletter To see our first “big number” that tracks the labor market’s recovery.
It is part of our effort to make this newsletter more useful to you. So please let me know if you see a number we should highlight. Email me here with suggestions on what you’d like to see in the future.
For now, keep reading for a roundup of our best stories this week, including Temple’s shrinking quota of black students and the new Philly law banning many marijuana tests for new hires.
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Temple UniversityThe campus and health care system are located in some of the poorest neighborhoods in Philadelphia, one of the poorest major cities in the country. But for many students from those lower-income neighborhoods, the city’s only public four-year college “may be a million miles away,” write our reporters Bob Fernandez and Susan Snyder.
That’s because Temple has seen a sharp decline in the proportion of black students over the past 25 years, even as school enrollment has expanded rapidly. Federal data showed that black students were 28.4% of undergraduates at Temple a quarter century ago. By 2016-2017, the share of black students was The bottom reached 12.6%.
Among other factors, Temple accepted students with higher SAT scores, which disadvantaged some black applicants who graduated from high schools with fewer economic resources and who scored lower on standardized tests. Also, temple 30,500 USD As for the in-state tuition, it is expensive for many students.
Read more about Temple’s shrinking share of black students.
If you are looking for a job in Philadelphia, you may no longer need to pass a drug test for marijuana. A new city law prevents many employers from testing job applicants for cannabis use. It came into effect on January 1.
But there are many exceptions to the decree. Here are some basics about the city’s ban on pre-hire marijuana testing:
Yes. The decree applies only to pre-employment drug screening. Employers are not required by law to change current workplace drug policies, so your current employer can still test your cannabis use.
Yes. The law only applies to marijuana testing, so you may still need to take a drug test for other substances before you’re hired.
Yes. If you work in law enforcement, need a commercial driver’s license, or supervise children, the sick, people with disabilities, or other vulnerable populations, your employer can still test your marijuana use as a condition of employment. There is also a broader category of “any position in which an employee could significantly affect the health or safety of other employees or members of the public”.
Do you have more questions? Read more about Philadelphia’s new ban on pre-hire marijuana testing.
Still for sale: Trinity Health Mid-Atlantic, which has signed a preliminary agreement to purchase Tower Health’s Chestnut Hill Hospital, will not complete the deal. Tower said he will continue to explore the sale.
O Renaissance Fire cry out: Renaissance Pennsylvania is suing the US Small Business Administration for rejecting pandemic relief funds.
Better than PSERS: Some consider money management to be a complex science and art. But does it have to be? The county’s modest pension plans beat PSERS revenue by keeping it simple.
It is an improvement: A new report says companies that get New Jersey tax breaks are better scrutinized, but the agency that oversees them hasn’t done enough to recover improper prizes.
The US economy is still around 3.6 million short jobs from the pre-pandemic level, according to figures released Friday by the US Bureau of Labor Statistics. To put that into perspective, COVID wiped out about 22.4 million jobs in 2020, so did the United States Compensation for about 84% of lost jobs.
This may be a simpler way to track the recovery of the labor market. Friday’s jobs report said the US unemployment rate fell to a healthy 3.9%, just above 3.5% in February 2020. But companies are still struggling to hire, with many Americans reluctant to turn to the workforce.