Improved Economic Opportunities
Our Goal: Improved Economic Opportunities
Drexel is a leading contributor to the economic vitality of West Philadelphia, the Greater Philadelphia region, and the Commonwealth of Pennsylvania. As the region's ninth largest employer, Drexel invests time, talents, and resources in building a thriving, vibrant economy that supports business and employers and prepares residents for employment and advancement.
In the neighborhoods that border Drexel University, thousands of residents are lacking the skills and experience needed to pursue successful employment, and the reported unemployment rate is between 20 and 35 percent - significantly above the national and city average. To address this growing problem, Drexel is engaged in several workforce development initiatives with local city organizations, including University City District (UCD) and The Collegiate Consortium for Workforce and Economic Development.