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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 754,000. 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 7.3% employment growth (+ 16,500 people) during the last five years.


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 8,779 3.3%
City of Hopewell 9,703 4.8%
City of Petersburg 13,120 6.1%
Chesterfield County 184,434 2.9%
Dinwiddie County 13,470 3.5%
Prince George County 14,955 3.6%
Surry County 3,716 3.5%
Sussex County 3,822 4.9%
Gateway Region 251,999 3.3%
Virginia 4,331,380 3.0%
United States 162,075,000 3.9%

Source: U.S. Bureau of Labor Statistics’s Local Area Unemployment Statistics and Current Population Survey, 2018 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 – updated 2019.

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) 108,314 $51,567 $52,475
Retail Trade (44) 77,138 $29,245 $33,013
Educational Services (61) 66,065 $43,385 $51,005
Accommodation and Food Services (72) 64,465 $18,944 $22,335
Administrative and Support and Waste Management and Remediation Services (56) 52,424 $37,882 $40,794
Professional, Scientific, and Technical Services (54) 48,170 $81,574 $95,749
Construction (23) 47,356 $53,961 $59,438

Source: JobsEQ, Data as of Second Quarter of 2019, four-quarter moving average.

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 – updated 2019.