"dedicated to representing private enterprise, promoting business and enhancing the quality of life in our greater Charlottesville communities." Thursday,

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Presentation transcript:

"dedicated to representing private enterprise, promoting business and enhancing the quality of life in our greater Charlottesville communities." Thursday, September 1, 2011

Report and Analysis: Employment in Greater Charlottesville Presented by: Timothy Hulbert, IOM Underwritten by: The Chamber Jobs Report

Change IndustryActual# PercentActual#PercentActual #Percent Natural Resources 1,2411.7%1,3651.8% % & Mining Construction6,7739.3%6,2568.1% % Manufacturing10, %5,4707.1%-4, % Trade, Transport.16, %17, %+1, % & Utilities Information2,8703.9%2,1732.8% % Financial Activities3,7195.1%3,7764.9% % Professional & Business Services9, %12, %+2, % Education & Health Services8, %11, %+3, % Leisure & Hospitality9, %12, %+2, % Other Services4,0315.5%4,4265.7% % Unclassified160.0%00.0%NA NA____ Total73,05577,467+4, % Source: Data from Virginia Employment Commission

Percent Change Industry RegionState Natural Resources & Mining+10.0%-13.6% Construction-7.6%-12.8% Manufacturing-45.3%-36.0% Trade, Transport. & Utilities+6.6%-4.3% Information-24.3%-35.4% Financial Activities+1.5%-2.5% Professional & Business Serv.+26.9%+14.8% Education & Health Services+38.4%+40.2% Leisure & Hospitality+26.5%+14.8% Other Services+9.8%+5.2% Unclassified NANA____ Total+6.0%+0.8% Data for Virginia is for the State outside of the Greater Charlottesville Region Source: Data from Virginia Employment Commission

LocalStateFederal GovernmentGovernmentGovernmentTotal (#) (#) (#) (#) ,00615,824 1,82427, ,36616,3621,54028, ,75316,6961,58929, ,74717,1201,61029, ,86617,6741,55630, ,05518,2361,56530, ,34918,6961,58331, ,61418,8081,56931, ,87419,1431,56832, ,95719,0661,60832, ,88219,0831,64432,609 Overall Change : 8.7%20.6%-9.9%17.9% Source: Data from Virginia Employment Commission

LocalStateFederal MunicipalityGovt.Govt.Govt.Total Albemarle Co.+29.4%+39.7%+1,039.4%+43.1% Charlottesville-3.0%+1.8%-61.9%-8.0% Fluvanna Co.+51.6%-5.9%-9.1%+27.4% Greene Co.+13.4%+5.9%-27.0%+10.6% Louisa Co.+32.9%-8.1%+11.5%+26.9% Nelson Co.+16.3%+27.6%-1.6%+15.0% Orange Co.+16.0%-17.0%-5.3%+7.4% Region (Total)+18.7%+20.6%-9.9%+17.9% Virginia (Outside Region)+16.4%+3.8%+14.4%+13.3% Source: Data from Virginia Employment Commission

Early and incomplete employment indicators suggest that a modest jobs rebound has occurred during the first six months of 2011 as the region’s unemployment rate has dropped below The Report indicates that a 2011 jobs growth rebound within the Greater Charlottesville region could be +/-1.5%.