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Talent Profile

With 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 730,000. This workforce pool is well-prepared and sourced from the entire Richmond MSA, parts of the Hampton Roads MSA and graduates from universities and 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 growing as a result of investment from new and existing businesses, resulting in a 6.6% employment growth (+14,897 people) between 2013 and 2017.


Demographics

Race & Ethnicity

Age Group Distribution
Source: U.S. Census Bureau’s 2013-2017 American Community Survey (five-year estimates).


Workforce profile

Labor Force Summary 

 Community Labor Force Unemployment Rate
City of Colonial Heights 8,849 4.1%
City of Hopewell 9,931 6.1%
City of Petersburg 13,392 7.3%
Chesterfield County 183,860 3.6%
Dinwiddie County 13,588 4.5%
Prince George County 15,149 4.4%
Surry County 3,708 4.5%
Sussex County 3,917 5.9%
Gateway Region 252,394 4.1%
Virginia 4,307,753 3.8%
United States 160,320,000 4.4%

Source: U.S. Bureau of Labor Statistics’s Local Area Unemployment Statistics and Current Population Survey, 2017 annual data  (not seasonally adjusted).

Unemployment Rates

Source: U.S. Bureau of Labor Statistics’s Local Area Unemployment Statistics and Current Population Survey, 2013-2017 annual data (not seasonally adjusted).

Graduates Entering Workforce 

Area Certificates and 2-Year Degrees 4-Year Degrees Post-Graduate Degrees Total Higher Education Degrees
Gateway Region 2,563 867 114 3,544
Workforce Draw Area 6,437 10,410 3,865 20,712

Source: JobsEQ, 2016-2017 Academic Year.

Employment by Industry

Source: JobsEQ, Second Quarter of 2018 (preliminary estimates excluded).

Top Industries Employment & Wages 

Industry (NAICS) Workforce Area Employment Average Annual Wages National Average Annual Wages
Health Care and Social Assistance (62) 106,147 $49,944 $50,785
Retail Trade (44) 78,331 $28,476 $31,859
Educational Services (61) 65,702 $43,118 $49,657
Accommodation and Food Services (72) 63,781 $18,186 $21,489
Administrative and Support and Waste Management and Remediation Services (56) 51,376 $36,823 $39,293
Professional, Scientific, and Technical Services (54) 47,629 $80,676 $92,237
Construction (23) 46,566 $52,924 $57,438

Source: JobsEQ, Second Quarter of 2018 (preliminary estimates excluded).

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

Source: JobsEQ, Fiscal Year 2016-17.