A Skilled and Educated Workforce

If our educational institutions and our diverse industry clusters are Lynchburg’s economic engine, then our highly-skilled and well-educated workforce is the fuel.  From electrical engineers and doctors to machinists and tradesmen, Lynchburg workers represent many of the brightest, most educated and most productive workers on the East Coast.  Our workforce is committed to educational attainment and skills betterment, and along with our diverse industries has afforded Lynchburg a comparatively stable labor market.

 

Unemployment Rates: Past 12 Months
Month/Year Lynchburg Metro
Jun-13 8.4% 7.0%
May-13 7.5% 6.4%
Apr-13 6.4% 5.5%
Mar-13 6.7% 5.8%
Feb-13 6.9% 6.4%
Jan-13 7.6% 6.8%
Dec-12 6.9% 6.2%
Nov-12 6.7% 6.0%
Oct-12 7.0% 6.1%
Sep-12 7.2% 6.3%
Aug-12 8.0% 6.8%
Jul-12 9.0% 7.2%
Jun-12 8.9% 7.4%

 

Labor Force & Labor Participation Rate
Lynchburg Workforce (% of Population)              35,838 (59.8%)
Metro Area Workforce (% of Population) 125,114 (63.8%)
Total Workforce 160,952

 

Underemployment
Lynchburg 4,770
Metro Area 12,356
Total Underemployed            17,126

 

SmarterEveryYear

Sample of Prevailing Hourly Wages by Occupation
Construction Laborers $9.50
Office Clerks, General $11.20
Customer Service Representatives $12.90
Truck Drivers $15.15
Maintenance and Repair Workers, General $17.22
Licensed Practical Nurses $18.18
Machinists $20.10
Elementary School Teachers $20.57
First-Line Supervisors $25.96
General and Operations Managers $39.37

 KnowledgeWorkers

Sample of Regional Growth Occupations
Occupation Estimated Growth Rate by 2018
Network Systems and Data Communications Analysts             59.4%
Healthcare Support Occupations 43.8%
Financial Advisors 42.7%
Mathematical Scientists 38.9%
HVAC Mechanics 36.2%
Computer Software Engineers 34.8%
Physical Therapists 34.6%
Counselors and Social Workers 32.7%
General Medical Practitioners 30.1%
Teachers and Professors (averaged) 23.5%
Architects 22.8%
Machine Operators 22.8%
Engineers 20.8%
Registered Nurses 20.3%
Finance and Insurance Services 16.9%
Construction Managers 16.9%
Arts, Design and Media Occupations 16.1%

 

Commuting Patterns
Live and Work in Lynchburg             22,732
In-Commuters 28,989
Out-Commuters 5,887
Net Commuters 23,102
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