Workforce Profile

Workforce Draw AreaWith an excellent highway system and an area commute averaging 25 minutes for as many miles, companies in the Gateway Region have access to a labor force of more than 720,000. This workforce pool is well-prepared and sourced from the entire Richmond MSA, parts of the Hampton Roads MSA and graduates from universities/colleges around Virginia. The diverse economy and strong employer base create a stable economic and workforce environment locally relative to the nation as a whole. Wages are lower than the national average, and continue to grow, assisted by investment from new and existing businesses, resulting in 12.6% employment growth (23,000 people) since 2011.

Labor Force Summary

Community Civilian Labor Force Unemployment Rate
Chesterfield 182,825 3.6%
Colonial Heights 8,929 4.2%
Dinwiddie 13,511 4.8%
Hopewell 9,828 6.2%
Petersburg 13,698 7.3%
Prince George 15,209 4.4%
Surry 3,626 4.8%
Sussex 3,918 6.0%
Gateway Region 251,544 4.1%
Virginia 4,293,589 3.8%
United States 161,039,315 4.6%

Source: U.S. Bureau of Labor Statistics; Chmura Analytics, preliminary March 2017, not seasonally adjusted; latest data as of May 2017.

Unemployment Rate

The region’s unemployment rate has not exceeded national rates (green line) in recent memory.  As of December 2016, it stands at 4.3% and falling toward pre-2008 recession levels..

Graduates Entering the Workforce

Area 2-Year Degrees 4-Year Degrees Post-Grad Total Higher Ed
Gateway Region 2,556 885 180 3,621
Workforce Draw Area 6,288 10,293 3,880 20,461

Source: Chmura Analytics, 2014-2015 academic year; latest data as of May 2017.

Employment by Industry, Gateway Region

Sources: U.S. Bureau of Labor Statistics; Chmura Analytics, Q3 2016 (4Q moving average); latest data as of December 2016

Top Industries Employment & Wages

Industry (NAICS) Workforce Area Employment Avg Wages National Avg Annual Wages
Manufacturing (31) 39,427 $59.340 $63,903
Wholesale Trade (42) 26,460 $63,884 $72,678
Retail Trade (44) 81,661 $27,418 $30,555
Transportation and Warehousing (48) 31,853 $42,006 $52,366
Professional, Scientific, and Technical Services (54) 46,587 $75,624 $87,117
Administrative and Support and Waste Management and Remediation Services (56) 50,725 $34,802 $37,056
Health Care and Social Assistance (62) 105,395 $47,861 $48,688

Sources: U.S. Bureau of Labor Statistics; Chmura Analytics, Q4 2016; latest data as of May 2017.

Annual Exiting Military in Workforce Draw Area

Occupation (Standard Occupation Code) Average Annual Exits
Stock Clerks and Order Fillers (43-5081) 53
Cooks, Institution and Cafeteria (35-2012) 45
Supervisors of Mechanics, Installers, and Repairers (49-1011)  40
Logisticians (13-1081) 36
Automotive Service Technicians and Mechanics (49-3023) 33
Aircraft Mechanics and Service Technicians (49-3011) 29
Pump Operators, Except Wellhead Pumpers (53-7072) 24
Truck Drivers, Heavy and Tractor-Trailer (53-3032) 21
Emergency Medical Technicians and Paramedics (29-2041) 18
HR Assistants, Except Payroll & Timekeeping (43-4161) 17
Personal Care and Service Workers, All Other (39-9099) 15
Installation, Maintenance & Repair Workers (49-9099) 15
Explosives Workers, Ordnance Handling Experts, and Blasters (47-5031) 14
Police and Sheriff's Patrol Officers (33-3051) 13
Mobile Heavy Equipment Mechanics, Except Engines (49-3042) 11
Transportation, Storage, and Distribution Managers (11-3071) 8
Radio, Cellular, and Tower Equipment Installers and Repairers (49-2021) 7
Interpreters and Translators (27-3091) 4
Industrial Machinery Mechanics (49-9041) 4
Communications Equipment Operators, All Other (43-2099) 3
Total, Including All other 651

Sources: U.S. Department of Defense; Chmura Analytics, Fiscal Year 2016; latest data as of May 2017.

Union Activity

Unions have a minimal presence and impact in the region. Click here to download a record of presence and activity.