REGIONAL BASELINE MEASURES COMMONWEALTH OF VIRGINIA 2 Commonwealth
REGIONAL BASELINE MEASURES COMMONWEALTH OF VIRGINIA
2
Commonwealth of Virginia 3
Data Included • Population Trends • Components of Population Change • Income and Wealth • Per Capita Income • Poverty • Employment • Total Employment Trends • Unemployment • Economic Sectors • • Employment Trends by Industry Sector Relative Concentration (Location Quotients) by Sector Wages by Industry Sector Export Jobs 4
Data Included • Labor Force • • Labor Force Participation Commuting Educational Attainment Educational Awards • Firm Growth • • • Jobs Created by Young Companies (5 years old or less) Jobs Created by Older Companies (greater than 10 years old) Jobs Created by Small Companies (less than 20 employees) Establishment Openings and Closings Sole Proprietorships • Local Government Costs • Average Cost of Government Services 5
Population 6
Population Trends 7
Population Trends 8
Components of Population Change 9
Components of Population Change 10
Income and Wealth 11
Per Capita Income 12
Per Capita Income 13
Poverty 14
Poverty 15
Employment 16
Total Employment 17
Total Employment 18
Unemployment 19
Industry 20
Employment Trends by Industry Sector 21
Employment Trends by Industry Sector 22 *Additional data available in accompanying spreadsheet for the years: 1996, 2000, 2005, 2010, 2015
Industry Wages by Sector (1996) 23 * Wages in 2015 dollars
Industry Wages by Sector (2000) 24 * Wages in 2015 dollars
Industry Wages by Sector (2005) 25 * Wages in 2015 dollars
Industry Wages by Sector (2010) 26 * Wages in 2015 dollars
Industry Wages by Sector (2015) 27
Export Jobs 28
Labor Force 29
Labor Force Participation 30
Labor Force Participation 31
Commuting (Inflow/Outflow) 32
Commuting (Inflow/Outflow) 33
Commuting (Inflow/Outflow) 34 *Additional data available for each year 2002 -2014 in accompanying spreadsheet
Educational Attainment 35
Educational Attainment 36
Educational Awards 37
Educational Awards 38
Firm Growth 39
Jobs Created by Young Companies (5 years old or less) 40
Jobs Created by Young Companies (5 years old or less) 41
Jobs Created by Older Companies (greater than 10 yrs. old) 42
Jobs Created by Older Companies (greater than 10 yrs. old) 43
Jobs Created by Small Companies (less than 20 employees) 44
Jobs Created by Small Companies (less than 20 employees) 45
Establishment Openings and Closings 46
Establishment Openings and Closings 47
Establishment Openings and Closings 48
Establishment Openings and Closings 49
Establishment Openings and Closings 50
Establishment Openings and Closings 51
Establishment Openings and Closings 52
Establishment Openings and Closings 53
Establishment Openings and Closings 54
Establishment Openings and Closings 55
Sole Proprietorships (as a percent of total employment) 56
Sole Proprietorships 57
Local Government Costs 58
Average Cost of Government Services (Per Capita Local Government Expenditures) 59
Average Cost of Government Services (Per Capita Local Government Expenditures) 60
Thank You Terry L. Clower Ph. D. – tclower@gmu. edu Mark C. White Ph. D. – mwhite@gmu. edu Spencer A. Shanholtz – sshanhol@gmu. edu cra. gmu. edu @GMU_CRA 61
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