No Moss 3 Landfill Online Library Cumberland Plateau Planning District Commission Buchanan-County-Profile-1

Buchanan-County-Profile-1

Document Date: Invalid date Document: Buchanan-County-Profile-1.pdf

OCR Scan (approximately)

This OCR scan may contain automatically generated text as generated using Apache Tika and Tesseract. It may not be correct. No effort has been made to correct any of these scans (so far). These OCR scans are also used in the site's Search feature. Please review the Search Policy for details about the site features. The OCR scan is provided here for reference purposes. It provides searchable text when the underlying document might not. But the scan process may not always work perfectly.

Buchanan County

Virginia

Last updated: 4/17/2024 1:08:42 AM

Virginia Employment Commission
Economic Information & Analytics Division

6606 West Broad Street , Richmond, Virginia 23230
Tel: (804) 786-7496 Email:[email protected]

https://virginiaworks.com

http://www.virginialmi.com/ -— Virginia

“| COMMUNITY PROFILE

Buchanan County —

OK Si OS Se RASA) PAO

Virginia Employment Commission Economic Information & Analytics Division 6606 West Broad Street , Richmond, Virginia 23230

Tel: (804) 786-7496 Email: [email protected]. gov https:/virginiaworks.com

‘www. VirginialM.com

LMI

labor mare information Last updated: 4/17/2024 1:08:42 AM

Table of Contents

I. Introduction

II. Demographic Profile

Population by Age Cohort

Population by Race/Ethnicity

Population by Gender

Population Change

Population Projections by Age and Gender

English Language Skills

Commuting Patterns

III. Economic Profile Unemployment Rates

Employers by Size of Establishment

Employment by Size of Establishment

Employment by Industry

New Hires by Industry

Characteristics of the Insured Unemployed

50 Largest Employers

In-Commuting

Out-Commuting

Unemployment Insurance Payments

. . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . .

. . . . . . . . . . . .

. . . . . . . . . . . . . .

New Startup Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10

10

11

11

12 13

20

20

22

24

15

21

18

23

6

7

7

8

9

4

5

Population Projections by Race/Ethnicity . . . . . . . . . . . . . . . . . .

9

Virginia Employment Commission Page 2 of 46

ContentsBuchanan County

Buchanan County

Contents

Table of Contents

I.

II.

III.

Introduction . wee sae 4 Demographic Profile …+220000. 5 Population by Age Cohort… . cee eee eee 6 Population by Race/Ethnicity … eee eee eee 7 Population by Gender… eee eee eee 7 Population Change 8 Population Projections by Age and Gender … 9 Population Projections by Race/Ethnicity … 9 English Language Skills 6… eee 10 Commuting Patterns 2… eee eee ee 10 In-Commuting 11 Out-Commuting . 11 Economic Profile …e0eeeeeee 12 Unemployment Rates… eee eee 13 Characteristics of the Insured Unemployed … 15 Unemployment Insurance Payments …0005 18 Employers by Size of Establishment …005 20 Employment by Size of Establishment …5 20 50 Largest Employers 1… eee eee eee 21 Employment by Industry … 0. cece ee eee ee 22 New Startup Firms… . cece eee 23 New Hires by Industry … 0… eee 24

Virginia Employment Commission

Page 2 of 46

Turnover by Industry

Average Weekly Wage by Industry

Age of Workers by Industry

Industry Employment and Projections

Occupation Employment and Projections

Growth Occupations

Declining Occupations

IV. Education Profile Educational Attainment

Educational Attainment by Age

Educational Attainment by Gender

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . .

. . . . . . . . . . . . .

Consumer Price Index (CPI) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Local Option Sales Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

25

26

27

28

30

32

33

38

39

40

37

34

35

Educational Attainment by Race/Ethnicity

Graduate Data Trends

. . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

41

42

Training Providers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

43

Virginia Employment Commission Page 3 of 46

ContentsBuchanan County

Buchanan Count Contents

Turnover by Industry… … cee eee eee eee 25 Average Weekly Wage by Industry …00% 26 Age of Workers by Industry «1… cece eee eee 27 Industry Employment and Projections …+5 28 Occupation Employment and Projections … 30 Growth Occupations … 2… eee ee eee eee eee 32 Declining Occupations … eee eee eee 33 Consumer Price Index (CPI)… ee cece eee eee 34 Local Option Sales Tax… eee eee 35 IV. Education Profile …+.-eeeeeeee 37 Educational Attainment … 0… sees eee eee 38 Educational Attainment by Age… ee eee eee 39 Educational Attainment by Gender …00005 40 Educational Attainment by Race/Ethnicity … 41 Graduate Data Trends … 0.6 e eee eee eee 42 Training Providers … ccc eee eee eee 43

Virginia Employment Commission Page 3 of 46

This report provides a community profile of Buchanan County. It is intended to complement the information found in our Virginia Workforce Connection application, which can be accessed online at:

www.VirginiaLMI.com

The report is divided into three major sections. The first contains a profile of regional demographic characteristics and trends, the second supplies similar information for the regional economy, and the third provides a profile of regional education characteristics.

I. Introduction

Virginia Employment Commission Page 4 of 46

IntroductionBuchanan County

Buchanan County

Introduction

This report provides a community profile of Buchanan County. It is intended to complement the information found in our Virginia Workforce Connection application, which can be accessed online at:

www. VirginiaLMI.com

The report is divided into three major sections. The first contains a profile of regional demographic characteristics and trends, the second supplies similar information for the regional economy, and the third provides a profile of regional education characteristics.

tio}

Virginia Employment Commission

Page 4 of 46

II. Demographic Profile

This Demographic Profile provides an in-depth analysis of the population in Buchanan County. Most of the data is produced by the U.S. Census Bureau, and includes demographic characteristics such as age, race/ethnicity, and gender.

Related Terms and DefinitionsOverview

Ability to speak English For people who speak a language other than English at home, the response represents the person’s own perception of his or her ability to speak English. Because census questionnaires are usually completed by one household member, the responses may represent the perception of another household member.

Age The age classification is based on the age of the person in complete years as of April 1, 2010. The age of the person usually was derived from their date of birth information. Their reported age was used only when date of birth information was unavailable.

Gender The data on gender were derived from answers to a question that was asked of all people. Individuals were asked to mark either “male” or “female” to indicate their gender. For most cases in which gender was not reported, it was determined by the appropriate entry from the person’s given (i.e., first) name and household relationship. Otherwise, gender was imputed according to the relationship to the householder and the age of the person.

Race The concept of race as used by the Census Bureau reflects self-identification by people according to the race or races with which they most closely identify. The categories are sociopolitical constructs and should not be interpreted as being scientific or anthropological in nature. Furthermore, the race categories include both racial and national-origin groups.

Please note: In the past, our population by race/ethnicity data has always excluded the Hispanic ethnicity from each race category. Starting in January 2013, each race category now includes all ethnicities.

Virginia Employment Commission Page 5 of 46

Demographic ProfileBuchanan County

Buchanan Count

Demographic Profile

Demographic Profile

Overview

This Demographic Profile provides an in-depth analysis of the population in Buchanan County. Most of the data is produced by the U.S. Census Bureau, and includes demographic characteristics such as age, race/ethnicity, and gender.

Related Terms and Defi ions Ability to speak English

For people who speak a language other than English at home, the response represents the person’s own perception of his or her ability to speak English. Because census questionnaires are usually completed by one household member, the responses may represent the perception of another household member.

Age The age classification is based on the age of the person in complete years as of April 1, 2010. The age of the person usually was derived from their date of birth information. Their reported age was used only when date of birth information was unavailable.

Gender

The data on gender were derived from answers to a question that was asked of all people. Individuals were asked to mark either “male” or “female” to indicate their gender. For most cases in which gender was not reported, it was determined by the appropriate entry from the person’s given (i.e., first) name and household relationship. Otherwise, gender was imputed according to the relationship to the householder and the age of the person.

Race

The concept of race as used by the Census Bureau reflects self-identification by people according to the race or races with which they most closely identify. The categories are sociopolitical constructs and should not be interpreted as being scientific or anthropological in nature. Furthermore, the race categories include both racial and national-origin groups.

Please note: In the past, our population by race/ethnicity data has always excluded the Hispanic ethnicity from each race category. Starting in January 2013, each race category now includes all ethnicities.

Virginia Employment Commission

Page 5 of 46

Population by Age

Buchanan County Virginia United States

Under 5 years 1,114 509,625 20,201,362

5 to 9 years 1,176 511,849 20,348,657

10 to 14 years 1,349 511,246 20,677,194

15 to 19 years 1,416 550,965 22,040,343

20 to 24 years 1,316 572,091 21,585,999

25 to 29 years 1,440 564,342 21,101,849

30 to 34 years 1,418 526,077 19,962,099

35 to 39 years 1,519 540,063 20,179,642

40 to 44 years 1,739 568,865 20,890,964

45 to 49 years 1,982 621,155 22,708,591

50 to 54 years 2,086 592,845 22,298,125

55 to 59 years 1,936 512,595 19,664,805

60 to 64 years 1,739 442,369 16,817,924

65 to 69 years 1,352 320,302 12,435,263

70 to 74 years 1,107 229,502 9,278,166

75 to 79 years 686 173,929 7,317,795

80 to 84 years 415 130,801 5,743,327

85 years and over 308 122,403 5,493,433

24,098 8,001,024 308,745,538

Source: 2010 Census.

Virginia Employment Commission Page 6 of 46

Demographic ProfileBuchanan County

Buchanan County Demographic Profile

Population by Age

ars and over NT 80 to 84 years 75 to 79 years 70 to 74 years 65 to 69 years 60 to 64 years 55 to 59 yoors SO 45 to 49 years 40 to 44 yeas 35 to 39 years 30 to 34 yoors 25 to 29 years 20 to 24 yoors 15 to 19 yoors 10 to 14 years 5 to 9 years Under § years

ae a

Source: 2010 Census.

Virginia Employment Commission Page 6 of 46

Population by Race/Ethnicity

Buchanan County Virginia United States

Total

Total Population 24,098 8,001,024 308,745,538

Race

White 23,271 5,486,852 223,553,265

Black or African American 616 1,551,399 38,929,319

American Indian or Alaska Native 19 29,225 2,932,248

Asian 53 439,890 14,674,252

Native Hawaiian/Pacific Islander 2 5,980 540,013

Other 24 254,278 19,107,368

Multiple Races 113 233,400 9,009,073

Ethnicity

Not Hispanic or Latino (of any race) 24,003 7,369,199 258,267,944

Hispanic or Latino (of any race) 95 631,825 50,477,594

Source: 2010 Census.

Population by Gender

Buchanan County Virginia United States

Male 12,310 3,925,983 151,781,326

Female 11,788 4,075,041 156,964,212

24,098 8,001,024 308,745,538

Source: 2010 Census.

Virginia Employment Commission Page 7 of 46

Demographic ProfileBuchanan County

Buchanan County Demographic Profile

Population by Race/Ethnicity

Buchanan County United States|

Total Total Population 24,098 8,001,024 308,745,538 Race White 23,271 5,486,852 223,553,265 Black or African American 616 1,551,399 38,929,319 ‘American Indian or Alaska Native 19 29,225 2,932,248 ‘Asian 53 439,890 14,674,252 Native Hawalian/Pacific Islander 2 5,980 540,013 Other 24 254,278 19,107,368 Multiple Races 113 233,400 9,009,073 Ethnicity Not Hispanic or Latino (of any race) 24,003 7,369,199 258,267,944 Hispanic or Latino (of any race) 35 631,825 50,477,594

Source: 2010 Census.

Population by Gender

Buchanan County United States|

Male 12,310 3,925,983 151,781,326 Female 11,788 4,075,041 156,964,212 24,098 8,001,024 308,745,538

Source: 2010 Census.

Virginia Employment Commission Page 7 of 46

Population Change

Buchanan County Percent change

Number
Change Virginia Percent

change Number Change

2000 26,978 7,079,030

2010 24,098 -10.68 % -2,880 8,001,024 13.02 % 921994

2020 21,978 -8.80 % -2,120 8,744,273 9.29 % 743249

2030 19,180 -12.73 % -2,798 9,546,958 9.18 % 802685

2040 16,176 -15.66 % -3,004 10,201,530 6.86 % 654572

Source: U.S. Census Bureau, Weldon Cooper Center for Public Service.

you can log on to our website today and see population counts from each Decennial Census all the way back to 1900? Looking for annual population estimates? We have those too, all the way back to the 1970s!

For this data and more, visit us on the web at:

www.VirginiaLMI.com

Did you know…

Virginia Employment Commission Page 8 of 46

Demographic ProfileBuchanan County

http://www.virginialmi.com/ Buchanan County Demographic Profile

Population Change

Buchanan County

27,000 10,200,000:

24,800 9,576,000

22,600

20,400. — 18,200. 7,704,000 iS 7,080,000 2010 2020 2030 2040 2010 -2020°~«=«2030~=«2040 Year Year

8,952,000.

8,328,000, vA 7

Population Population

Percent Number change __Change

Percent Number

Buchanan County change __Change

2000 26,978 7,079,030

2010 24,098 “10.68% _-2,880 8,001,024 13.02% 921994 2020 21,978 “8.80% -2,120 8,744,273 9.29% 743249 2030 19,180 “12.73% 2,798 9,546,958 9.18% 802685, 2040 16,176 “15.66% -3,004 10,201,530 6.86% 654572

Source: U.S. Census Bureau, Weldon Cooper Center for Public Service.

Did you know.

you can log on to our website today and see population counts from each Decennial Census all the way back to 1900? Looking for annual population estimates? We have Census

those too, all the way back to the 1970s! SO10>

For this data and more, visit us on the web at:

www.VirginiaLMI.com

Virginia Employment Commission Page 8 of 46

Virginia Employment Commission Page 9 of 46

Demographic ProfileBuchanan County

Buchanan Count Demographic Profile

Virginia Employment Commission Page 9 of 46

Population Projections by Age and Gender

2020 2030 2040

Female Male Female Male Female Male

Under 5 years 436 493 367 415 310 350

5 to 9 years 478 479 408 409 339 340

10 to 14 years 609 642 505 532 424 446

15 to 19 years 500 629 404 508 344 433

20 to 24 years 528 611 487 563 402 465

25 to 29 years 517 618 410 490 330 395

30 to 34 years 547 713 471 613 432 563

35 to 39 years 637 713 500 559 394 441

40 to 44 years 665 705 587 623 504 534

45 to 49 years 678 725 599 641 468 500

50 to 54 years 752 842 589 660 518 580

55 to 59 years 924 930 650 654 572 576

60 to 64 years 990 875 752 664 587 519

65 to 69 years 800 784 768 752 548 537

70 to 74 years 721 598 778 646 595 493

75 to 79 years 490 423 568 490 539 466

80 to 84 years 362 211 423 247 454 265

85 years and over 232 120 294 152 339 175

10,866 11,111 9,560 9,618 8,099 8,078

21,977 19,178 16,177

Source: Weldon Cooper Center for Public Service.

Population Projections by Race/Ethnicity

Source: Weldon Cooper Center for Public Service.

2020 2030 2040

Total

Total Population 21,978 19,180 16,176

Race

White 20,954 18,128 15,037

Black or African American 690 674 708

Asian 63 70 80

Other 136 133 125

Ethnicity

Hispanic or Latino (of any race) 135 174 225

Virginia Employment Commission Page 10 of 46

Demographic ProfileBuchanan County

Buchanan County Demographic Profile

Population Projections by Age and Gender

Female Under 5 years 436 493 367 41s 310 350 5 to 9 years 478 479 408 409 339 340 10 to 14 years 609) 642, 505, 532 424 446 15 to 19 years 500 629) 404 508 344 433 20 to 24 years 528 611 487 563, 402 465 25 to 29 years 517, Gu 410 490 330 395, 30 to 34 years 547, 73 a7 613, 432 563, '35 to 39 years 637, 73 500 559 304 441 40 to 44 years 665, 705 587 623, 504 534 45 to 49 years 678 725 599) 641 468 500 '50 to 54 years 752 842 589) 660 518 580 '55 to 59 years 924 930 650 654 572 576 60 to 64 years ‘990 875 752 664 587 519 65 to 69 years ‘800 784 768 752 548, 537 70 to 74 years 721 598 778 646 595, 493 75 to 79 years 490 423 568 490 539 466 ‘80 to 84 years 362 2i1 423 247, 454 265 85 years and over 232, 120 294 152 339 175

10,866 Frerey 9,560 9,618 8,099 8,078

21,977 19,178 16,177

Source: Weldon Cooper Center for Public Service.

Population Projections by Race/Ethnicity

2020 2030 2040) Total Total Population 21,978 19,180 16,176 Race White 20,954 18,128 15,037 Black or African American 690 674 708 ‘Asian 6 70 80 Other 136 133, 125 Ethnicity Hispanic or Latino (of any race) 135, 174 225

Source: Weldon Cooper Center for Public Service.

Virginia Employment Commission Page 10 of 46

English Language Skills

Total Speak English less than well Percent

Buchanan County 22,144 39 0.18%

Virginia 7,800,044 201,628 2.58%

United States 298,691,202 13,400,003 4.49%

Source: U.S. Census Bureau American Community Survey, 2012-2016.

(Age 5 and over that speak English less than well)

Commuting Patterns

Commuting Patterns

People who live and work in the area 3,442

In-Commuters 3,854

Out-Commuters 4,528

Net In-Commuters (In-Commuters minus Out-Commuters)

-674

Source: U.S. Census Bureau, OnTheMap Application and LEHD Origin-Destination Employment Statistics, 2014.

Virginia Employment Commission Page 11 of 46

Demographic ProfileBuchanan County

Buchanan County Demographic Profile

English Language Skills

(Age 5 and over that speak English less than well)

axon conr

Source: U.S. Census Bureau ‘American Community Survey, 2012-2016.

Commuting Patterns

People who live and work in the area

conn

Out-Commuters:

(In-Commuters minus Out-Commuters)

Source: U.S. Census Bureau, ‘OnTheMap Application and LEHD Origin-Destination Employment Statistics, 2014.

Virginia Employment Commission Page 11 of 46

Top 10 Places Residents are Commuting To

Area Workers

Tazewell County, VA 1,119

Russell County, VA 285

Washington County, VA 246

Wise County, VA 212

Pike County, KY 172

Dickenson County, VA 157

Roanoke city, VA 130

Montgomery County, VA 102

McDowell County, WV 96

Smyth County, VA 81

Top 10 Places Workers are Commuting From

Area Workers

Tazewell County, VA 1,187

Russell County, VA 563

Dickenson County, VA 348

Pike County, KY 227

Washington County, VA 172

Wise County, VA 151

McDowell County, WV 125

Lee County, VA 117

Mercer County, WV 91

Scott County, VA 63

Source: U.S. Census Bureau, OnTheMap Application and LEHD Origin-Destination Employment Statistics, 2014.

Please Note: Commuting patterns data is no longer produced from the Decennial Census. As an alternative, we are providing commuting data from the U.S. Census Bureau’s OnTheMap application and LEHD Origin-Destination Employment Statistics program. Since this data is produced from an entirely different data set, it is not advisable to compare the new data with previously released commuting patterns. For more information about the OnTheMap application or the LEHD program, please visit the following website:

http://lehd.ces.census.gov

Virginia Employment Commission Page 12 of 46

Economic ProfileBuchanan County

http://lehd.ces.census.gov/ Buchanan County

Economic Profile

Source:

Top 10 Places Residents are Commuting To

Top 10 Places Workers are Commuting From

|S. Census Bureau,

Tazewell County, VA 4,119 Russell County, VA. 285 Washington County, VA. 246 Wise County, VA 212 Pike County, KY 172 Dickenson County, VA 157 Roanoke city, VA 130 Montgomery County, VA 102 McDowell County, WV 96 ‘Smyth County, VA 81

Tazewell County, VA 1,187 Russell County, VA. 563, Dickenson County, VA 348 Pike County, KY 227 Washington County, VA. 172 Wise County, VA 151 McDowell County, WV 125 Lee County, VA 7 Mercer County, WV on ‘Scott County, VA 63

‘OnTheMap Application and LEHD Origin-Destination Employment Statistics, 2014.

Please Note: Commuting patterns data is no longer produced from the Decennial Census. As an alternative, we are providing commuting data from the U.S. Census Bureau’s OnTheMap application and LEHD Origin-Destination Employment Statistics program. Since this data is produced from an entirely different data set, it is not advisable to compare the new data with previously released commuting patterns. For more information about the OnTheMap application or the LEHD program, please visit the following website:

http://lehd.ces.census.gov

Virginia Employment Commission

Page 12 of 46

III. Economic Profile

The Economic Profile of Buchanan County consists primarily of data produced by the Virginia Employment Commission, U.S. Census Bureau, and the Bureau of Labor Statistics.

Related Terms and DefinitionsOverview

Average Weekly Wage Computed as average quarterly wages divided by 13.

Consumer Price Index (CPI) The Consumer Price Index measures the average change over time in the prices paid by urban consumers for a representative market basket of consumer goods and services.

Local Employment Dynamics (LED) The Local Employment Dynamics Program at the Census Bureau, together with its state partners, provides employment information at the county, city, and Workforce Investment Area level. This information tracks workers in different industries by age and gender and provides statistics on job creation, separation, turnover, and wages.

Quarterly Census of Employment & Wages (QCEW) A federal/state cooperative program that collects and compiles employment and wage data for workers covered by state unemployment insurance (UI) laws and the federal civilian workers covered by Unemployment Compensation for Federal Employees (UCFE). These data are maintained at the state in micro and macro levels and also sent to BLS quarterly.

Unemployment Insurance (UI) Unemployment insurance is a program for the accumulation of funds paid by employers to be used for the payment of unemployment insurance to workers during periods of unemployment which are beyond the workers’ control. Unemployment insurance replaces a part of the worker’s wage loss if he becomes eligible for payments.

Unemployment Rate The number of unemployed people as a percentage of the labor force.

Virginia Employment Commission Page 13 of 46

Economic ProfileBuchanan County

Buchanan Count

Economic Profile

Economic Profile

Overview

The Economic Profile of Buchanan County consists primarily of data produced by the Virginia Employment Commission, U.S. Census Bureau, and the Bureau of Labor Statistics.

Related Terms and Defi ions Average Weekly Wage

Computed as average quarterly wages divided by 13.

Consumer Price Index (CPI)

The Consumer Price Index measures the average change over time in the prices paid by urban consumers for a representative market basket of consumer goods and services.

Local Employment Dynamics (LED)

The Local Employment Dynamics Program at the Census Bureau, together with its state partners, provides employment information at the county, city, and Workforce Investment Area level. This

information tracks workers in different industries by age and gender and provides statistics on job creation, separation, turnover, and wages.

Quarterly Census of Employment & Wages (QCEW)

A federal/state cooperative program that collects and compiles employment and wage data for workers covered by state unemployment insurance (UI) laws and the federal civilian workers covered by Unemployment Compensation for Federal Employees (UCFE). These data are maintained at the state in micro and macro levels and also sent to BLS quarterly.

Unemployment Insurance (UI) Unemployment insurance is a program for the accumulation of funds paid by employers to be used for the payment of unemployment insurance to workers during periods of unemployment which are beyond the workers’ control. Unemployment insurance replaces a part of the worker’s wage loss if he becomes eligible for payments.

Unemployment Rate The number of unemployed people as a percentage of the labor force.

Virginia Employment Commission

Page 13 of 46

Unemployment Rates

Buchanan County Virginia United States

2013 10.8% 5.6% 7.4%

2014 10.3% 5.1% 6.2%

2015 10.7% 4.4% 5.3%

2016 10.6% 4.0% 4.9%

2017 7.0% 3.7% 4.4%

2018 5.5% 3.0% 3.9%

2019 5.5% 2.8% 3.7%

2020 9.8% 6.4% 8.1%

2021 6.6% 3.9% 5.3%

2022 4.7% 2.8% 3.6%

Source: Virginia Employment Commission, Economic Information & Analytics, Local Area Unemployment Statistics.

Trends

Virginia Employment Commission Page 14 of 46

Economic ProfileBuchanan County

Buchanan County

Economic Profile

15.0%

14.0%

13.0%

12.0%

11.0%

10.0%

9.0%

8.0%

7.0%

6.0%

5.0%

4.0%

3.0%

2.0%

1.09%

0.0%

2013 2014

Unemployment Rates

“= Buchanan County

2015, 2016

Buchanan County

Trends

® Virginia

2017

= United States

2018 2019

2020

2021, 2022

2013 10.8% 5.6% 2014 10.3% 5.1% 2015 10.7% 4.4% 2016 10.6% 4.0% 2017 7.0% 3.7% 2018 5.5% 3.0% 2019 5.5% 2.8% 2020 9.8% 6.4% 2021 6.6% 3.9% 2022 4.7% 2.8%

Source: Virginia Employment Commission, Economic Information & Analytics, Local Area Unemployment Statistics.

Virginia Employment Commission

Page 14 of 46

Unemployment Rates

Buchanan County Virginia United States

Feb. 2023 5.0% 2.9% 3.9%

Mar. 2023 4.4% 2.8% 3.6%

Apr. 2023 3.9% 2.4% 3.1%

May 2023 4.1% 2.8% 3.4%

Jun. 2023 4.6% 2.9% 3.8%

Jul. 2023 4.4% 2.9% 3.8%

Aug. 2023 4.5% 3.2% 3.9%

Sep. 2023 4.4% 3.0% 3.6%

Oct. 2023 4.3% 3.0% 3.6%

Nov. 2023 4.2% 2.9% 3.5%

Dec. 2023 4.0% 2.7% 3.5%

Jan. 2024 4.5% 2.7% 4.1%

Feb. 2024 4.7% 2.9% 4.2%

Past 12 Months

Source: Virginia Employment Commission, Economic Information & Analytics, Local Area Unemployment Statistics.

Virginia Employment Commission Page 15 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Unemployment Rates Past 12 Months

= Buchanan County a+ Virginia —e= United States

6.0%

4.0%

2.0%

0.0% Feb. Mar. Ap. «= May Jun. Jul. Aug. © Sep. Oct. Nov. © Dec. Jan. Feb, 2023 2023 «-2023-«2023.«2023.-«2023.:«2023-«2023’:«2023-:««2023.«2023««2024 «2024

Buchanan County

Feb. 2023 5.0% 2.9% Mar. 2023 4.4% 2.8% ‘Apr. 2023 3.9% 2.4% May 2023 4.1% 2.8% Bun. 2023 4.6% 2.9% Bul. 2023 4.4% 2.9% ‘Aug. 2023 4.5% 3.2% Sep. 2023 4.4% 3.0% ‘Oct. 2023 4.3% 3.0% Nov. 2023 4.2% 2.9% Dec. 2023 4.0% 2.7% Jan. 2024 4.5% 2.7% Feb. 2024 4.7% 2.9%

Source: Virginia Employment Commission, Economic Information & Analytics, Local Area Unemployment Statistics.

Virginia Employment Commission Page 15 of 46

Characteristics of the Insured Unemployed

Age Buchanan County Virginia

Under 22 years 214

22 to 24 years 1 724

25 to 34 years 4 5,004

35 to 44 years 13 5,649

45 to 54 years 11 4,975

55 to 64 years 3 4,586

65 years and over 2 1,582

Unknown

Gender Buchanan County Virginia

Male 22 11,693

Female 12 11,041

Unspecified

Race Buchanan County Virginia

White 33 10,382

Black 9,252

American Native 127

Asian 1,133

Other 1 1,840

Education Buchanan County Virginia

8th Grade or Less 1 300

Some High School 5 1,402

High School Grad/GED 13 8,557

Some College/2-Yr Degree 8 5,737

Bachelor’s Degree 6 4,842

Some Graduate School 125

Post Graduate Degree 1 1,771

Unknown

Buchanan County - (34 claimants)

Virginia - (22,734 claimants)

Source: Virginia Employment Commission, Economic Information & Analytics, Characteristics of the Insured Unemployed, March 2024.

Total number of claimants: 34

Virginia Employment Commission Page 16 of 46

Economic ProfileBuchanan County

Buchanan County

Economic Profile

Characteristics of the Insured Unemployed Total number of claimants: 34

[Dy Buchanan county - (34 claimants) DB virginia - (22,734 claimants)

Gender Buchanan County Virginia Male 22 11,693 Femal 12 11,041 Unspecified

Race Buchanan County —_Virginia

White 33, 10,382

Black 9,252

‘American Native 127

Asian 1133

‘Other 1 1,840

Age Buchanan County Virginia Under 22 years 214 22 to 24 years 1 724 25 to 34 years 4 5,004 135 to 44 years 1B 5,649 45 to 54 years i 4,975 '55 to 64 years 3 4,586 65 years and over 2 1,582 ‘Unknown

Education Buchanan County Virginia

8th Grade or Less 1 300

‘Some High School 5 1,402

High School Grad/GED. 3 8,557

‘Some College/2-Yr Degree 8 5,737

Bachelor’s Degree 6 4,842

‘Some Graduate School 125

Post Graduate Degree 1 L771

‘Unknown

Source: Virginia Employment Commission, Economic Information & Analytics, Characteristics of the Insured Unemployed, March 2024.

0% 20% © 40% 60% 80%

—V.OS— lock es

American Natives Asians

Other, fees

Under 22 years 22 to 24 years 25 to 34 years es 3 0 50 55 to 64 years (is

65 years and over iis

€6 222 ‘8th Grade or Less-f

‘Some High School = High Schoo! Grad/600 ‘Some College/2-Yr Degree Bachelor’s Degree es ‘Some Graduate School

Post Graduate Degree Hes £222 RRR

40%

Virginia Employment Commission

Page 16 of 46

Industry Buchanan County Virginia

Construction 10 1,900

Transportation and Warehousing 4 573

Professional, Scientific, and Technical Services 3 3,195

Mining, Quarrying, and Oil and Gas Extraction 2 62

Unclassified 2 1,766

Information 1 556

Health Care and Social Assistance 1 1,910

Agriculture, Forestry, Fishing and Hunting 156

Utilities 34

Manufacturing 456

Wholesale Trade 799

Retail Trade 775

Finance and Insurance 1,316

Real Estate and Rental and Leasing 457

Management of Companies and Enterprises 167

Administrative and Support and Waste Management and Remediation Services

2,997

Educational Services 346

Arts, Entertainment, and Recreation 282

Accommodation and Food Services 1,240

Other Services (except Public Administration) 699

(excludes unclassified) Top 5 Industries With Largest Number of Claimants in Buchanan County

Source: Virginia Employment Commission, Economic Information & Analytics, Characteristics of the Insured Unemployed, March 2024.

Characteristics of the Insured Unemployed

Virginia Employment Commission Page 17 of 46

Economic ProfileBuchanan County

Buchanan County

Economic Profile

Characteristics of the Insured Unemployed

Top 5 Industries With Largest Number of Claimants in Buchanan County (excludes unclassified)

(iM Buchanan County Ml Virginia

Const on —

Transporation and Werehoing Preteen Sint and Technic! Secs Ts Vining, Quin, and Ol and ae Extraction

Health Care and Social Assistance

Information

rt

1% 10% 20% 30% 40%

Industry Buchanan County Construction 10

Transportation and Warehousing 4

Professional, Scientific, and Technical Services

Mining, Quarrying, and Oil and Gas Extraction

Unclassified

Information

Health Care and Social Assistance

Agriculture, Forestry, Fishing and Hunting

Utilities

Manufacturing

Wholesale Trade

Retail Trade

Finance and Insurance

Real Estate and Rental and Leasing

Management of Companies and Enterprises

‘Administrative and Support and Waste Management and Remediation Services

Educational Services 346

‘Arts, Entertainment, and Recreation 282

‘Accommodation and Food Services 1,240

‘Other Services (except Public Administration) 699

50%

Source: Virginia Employment Commission, Economic Information & Analytics, Characteristics of the Insured Unemployed, March 2024.

Virginia Employment Commission

Page 17 of 46

Characteristics of the Insured Unemployed

Occupation Buchanan County Virginia

Construction and Extraction Occupations 8 1,537

Transportation and Material Moving Occupations 7 1,771

Installation, Maintenance, and Repair Occupations 4 732

Legal Occupations 3 129

Food Preparation and Serving Related Occupations 3 945

Office and Administrative Support Occupations 3 3,536

Production Occupations 2 1,275

Management Occupations 1 3,431

Education, Training, and Library Occupations 1 284

Building and Grounds Cleaning and Maintenance Occupations

1 652

Sales and Related Occupations 1 1,477

Business and Financial Operations Occupations 1,626

Computer and Mathematical Occupations 1,681

Architecture and Engineering Occupations 514

Life, Physical, and Social Science Occupations 281

Community and Social Service Occupations 215

Arts, Design, Entertainment, Sports, and Media Occupations

648

Healthcare Practitioners and Technical Occupations 536

Healthcare Support Occupations 593

Protective Service Occupations 285

Personal Care and Service Occupations 373

Farming, Fishing, and Forestry Occupations 146

Military Specific Occupations 64

Unknown Occupation Code

(excludes unknown occupations)

Top 5 Occupation Groups With Largest Number of Claimants in Buchanan County

Virginia Employment Commission Page 18 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Characteristics of the Insured Unemployed

Top 5 Occupation Groups With Largest Number of Claimants in Buchanan County

(excludes unknown occupations)

(iM Buchanan County Virginia

Construction and Estrction Occup nS Transportation and Mater! Moving Ocenia Installation, Maintenance, and Repair Occupetne SS Ofc and Administrative Support Occup one ss 1 ceo L298 0ccptons

Food Preparation and Serving Ré

0% 5% 10% 15% 20% 25% JOccupation Buchanan County Virginia Construction and Extraction Occupations 8 1,537 ‘Transportation and Material Moving Occupations 7 L771 Installation, Maintenance, and Repair Occupations 4 732 Legal Occupations 3 129 Food Preparation and Serving Related Occupations 3 945 Office and Administrative Support Occupations 3 3,536 Production Occupations 2 1,275 Management Occupations 1 3,431 Education, Training, and Library Occupations 1 284 Building and Grounds Cleaning and Maintenance 1 652 Occupations

Sales and Related Occupations 1 1,477 Business and Financial Operations Occupations 1,626 ‘Computer and Mathematical Occupations 1,681 Architecture and Engineering Occupations 514 Life, Physical, and Social Science Occupations 281 ‘Community and Social Service Occupations 215 ‘Arts, Design, Entertainment, Sports, and Media 648 Occupations:

Healthcare Practitioners and Technical Occupations 536 Healthcare Support Occupations 593 Protective Service Occupations 285 Personal Care and Service Occupations 373 Farming, Fishing, and Forestry Occupations 146 Military Specific Occupations 64

Unknown Occupation Code

Virginia Employment Commission Page 18 of 46

Source: Virginia Employment Commission, Economic Information & Analytics, Characteristics of the Insured Unemployed, March 2024.

Virginia Employment Commission Page 19 of 46

Economic ProfileBuchanan County

Buchanan Count Economic Profile

Source: Virginia Employment Commission, Economic Information & Analytics, Characteristics of the Insured Unemployed, March 2024.

Virginia Employment Commission Page 19 of 46

Unemployment Insurance Payments

Source: Virginia Employment Commission, Economic Information & Analytics, Unemployment Insurance Program.

Trends

Buchanan County Virginia

Weeks Paid Amount Paid Weeks Paid Amount Paid

2013 8,520 $2,697,630 1,999,039 $574,074,609

2014 6,210 $1,863,995 1,684,690 $490,522,709

2015 6,958 $2,145,808 1,198,476 $351,290,100

2016 6,401 $1,904,446 1,263,292 $379,622,081

2017 2,710 $714,958 1,114,650 $336,664,624

2018 2,624 $727,273 941,154 $286,468,017

2019 3,199 $955,644 867,371 $269,014,541

2020 13,162 $3,764,447 8,600,869 $2,279,487,650

2021 3,320 $897,521 1,601,885 $458,078,646

2022 612 $175,805 485,275 $154,636,752

2023 883 $282,400 685,711 $232,048,074

Virginia Employment Commission Page 20 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Unemployment Insurance Payments

Trends

$4,000,000

$2,000,000

$0 2013 -2014«==« 2015-2016. += «2017-2018. «= 2019 -»=««2020 © 2021.«=«2022 2023,

Buchanan County

‘Weeks Paid ‘Amount Paid ‘Weeks Paid ‘Amount Paid 2013 8,520 $2,697,630 1,999,039 $574,074,609 2014 6,210 $1,863,995, 1,684,690 $490,522,709 2015 6,958 $2,145,808 1,198,476 $351,290,100 2016 6,401 $1,904,446 1,263,292 $379,622,081 2017 2,710 $714,958 1,114,650 $336,664,624 2018 2,624 $727,273, 941,154 $286,468,017 2019 3,199 $955,644 867,371 $269,014,541 2020 13,162 $3,764,447 8,600,869 $2,279,487,650 2021 3,320 $897,521 1,601,885 $458,078, 646 2022 612 $175,805 485,275 $154,636,752 2023 883 $282,400 685,711 $232,048,074

Source: Virginia Employment Commission, Economic Information & Analytics, Unemployment Insurance Program.

Virginia Employment Commission Page 20 of 46

Unemployment Insurance Payments

Source: Virginia Employment Commission, Unemployment Insurance Program.

Past 12 Months

Buchanan County Virginia

Weeks Paid Amount Paid Weeks Paid Amount Paid

Mar. 2023 79 $26,681 61,542 $20,646,823

Apr. 2023 68 $22,111 56,836 $19,081,667

May 2023 55 $16,154 64,563 $21,838,585

Jun. 2023 58 $16,682 56,308 $18,927,285

Jul. 2023 116 $33,812 63,226 $21,257,279

Aug. 2023 92 $28,291 56,582 $19,175,066

Sep. 2023 51 $16,634 52,352 $17,974,537

Oct. 2023 49 $16,113 62,861 $21,665,920

Nov. 2023 35 $12,166 51,360 $17,778,763

Dec. 2023 59 $18,427 53,438 $18,388,408

Jan. 2024 122 $36,154 70,590 $24,188,826

Feb. 2024 121 $38,727 62,778 $21,583,220

Mar. 2024 121 $37,680 66,855 $22,896,885

Virginia Employment Commission Page 21 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Unemployment Insurance Payments Past 12 Months

$40,000

$20,000

$0 Mar, Apr. = May-Jun, Jul. Aug. Sep. Oct, Nov, ‘Dec. Jan. Feb. Mar, 2023-2023 «-2023-««2023««2023-«2023-:«2023.«2023-«2023.:« 2023-2024 «2028-2024

Mar. 2023 79 $26,681 61,542 $20,646,823 Apr. 2023 68 $22,111 56,836 $19,081,667 May 2023 55 $16,154 64,563 $21,838,585 Jun. 2023 58 $16,682 56,308 $18,927,285 Bul. 2023 116 $33,812 63,226 $21,257,279 ‘Aug. 2023 92 $28,291 56,582 $19,175,066 Sep. 2023 BT $16,634 52,352 $17,974,537 (Oct, 2023 49 $16,113 62,861 $21,665,920 Nov. 2023 35, $12,166 51,360 $17,778,763 Dec. 2023 59) $18,427 53,438 $18,388,408 Jan. 2024 122 $36,154 70,590 $24,188,826 Feb. 2024 121 $38,727 62,778 $21,583,220 Mar. 2024 121 $37,680 66,855 $22,896,885

Source: Virginia Employment Commission, Unemployment Insurance Program.

Virginia Employment Commission Page 21 of 46

Employers by Size of Establishment

Employment by Size of Establishment

Note: Asterisks (***) indicate non-disclosable data. ‘Zero; no employment’ typically represents new startup firms or sole-proprietorships.

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Buchanan County Virginia

0 to 4 employees 380 198,997

5 to 9 employees 89 40,693

10 to 19 employees 51 29,857

20 to 49 employees 36 22,309

50 to 99 employees 9 7,736

100 to 249 employees 8 3,903

250 to 499 employees *** 1,077

500 to 999 employees *** 379

1000 and over employees 0 259

576 305,210

Buchanan County Virginia

0 to 4 employees 459 260,420

5 to 9 employees 590 270,208

10 to 19 employees 691 406,528

20 to 49 employees 1,193 673,652

50 to 99 employees 559 532,668

100 to 249 employees 1,161 578,453

250 to 499 employees *** 367,301

500 to 999 employees *** 260,249

1000 and over employees 0 704,189

6,079 4,053,668

Virginia Employment Commission Page 22 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Employers by Size of Establishment

Buchanan County

0 to 4 employees 380 198,997 5 to 9 employees 89 40,693 10 to 19 employees BT 29,857 20 to 49 employees 36 22,309 '50 to 99 employees 9 7,736 100 to 249 employees: 8 3,903 250 to 499 employees ae 1,077 ‘500 to 999 employees om 379 11000 and over employees oO 259

376 ‘305,210

Employment by Size of Establishment

Buchanan County

0 to 4 employees 459 260,420 5 to 9 employees 590 270,208 10 to 19 employees 691 406,528 20 to 49 employees 1,193 673,652 '50 to 99 employees 559) 532,668 100 to 249 employees: 1,161 578,453 250 to 499 employees ae 367,301 ‘500 to 999 employees om 260,249 11000 and over employees oO 704,189

6,079 4,053,668

Note: Asterisks (***) indicate non-disclosable data. ‘Zero; no employment! typically represents new startup firms or sole-proprietorships.

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Virginia Employment Commission Page 22 of 46

50 Largest Employers

  1. Buchanan Minerals LLC

  2. Buchanan County School Board

  3. Keen Mountain Correctional Institute

  4. Rapoca Energy Company

  5. Buchanan General Hospital

  6. County of Buchanan

  7. Wal Mart

  8. Clintwood Jod LLC

  9. Virginia Employment Commission

  10. Food City

  11. Heritage Hall

  12. Jewell Coke Company

  13. Noah Horn Well Drilling

  14. Gms Mine Repair & Maintenance

  15. Fluor Craft Services, Inc.

  16. Miner’s and Merchant’s Bank

  17. Buchanan County Department of Social Services

  18. Torque Enterprises LLC

  19. University of Appalachia

  20. Carter Machinery Company

  21. Mcdonalds Of Gate City

  22. Cramer Security & Investigations

  23. Appalachian School of Law

  24. Buchanan County Public Services

  25. Mountain Mission School

  26. Grundy National Bank

  27. Charter Foods Inc

  28. Virginia Drilling Company

  29. Paul’'s Fan Company

  30. West River Machinery Comp Corp

  31. Postal Service

  32. Buchanan City Head Start Program

  33. National Hospitalist Services, PA

  34. Elite Security LLC

  35. Austin Sales

  36. Frontier Kemper Constructors

  37. Dolgencorp LLC

  38. Mountain Therapy LLC

  39. Town of Grundy

  40. Coastal Sunbelt Produce LLC

  41. Dairy Queen of Grundy

  42. B & M Construction Inc

  43. Young Mens Christian Assoc

  44. K & K Repairs & Construction I

  45. Riverside Pit Stop

  46. Saint Charles Community Health

  47. Medical Pk Pharmacy of VA Inc

  48. Buchanan Oil Corporation

  49. United States Department of Labor

  50. Leonard Automotive Group

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

you can search over 300,000 employer listings on our website provided by Infogroup? This easy-to-use feature lets you search for employers by keyword, industry, sales volume, size range, and more!

For this data and more, visit us on the web at:

www.VirginiaLMI.com

Did you know…

Virginia Employment Commission Page 23 of 46

Economic ProfileBuchanan County

http://www.virginialmi.com/ Buchanan Count Economic Profile

50 Largest Employers

  1. Buchanan Minerals LLC 26. Grundy National Bank

  2. Buchanan County Schoo! Board 27. Charter Foods Inc

  3. Keen Mountain Correctional Institute 28. Virginia Drilling Company

4, Rapoca Energy Company 29. Paul"'s Fan Company

  1. Buchanan General Hospital 30. West River Machinery Comp Corp.

  2. County of Buchanan 31. Postal Service

  3. Wal Mart 32. Buchanan City Head Start Program

  4. Clintwood Jod LLC 33. National Hospitalist Services, PA

  5. Virginia Employment Commission 34. Elite Security LLC

  6. Food City 35. Austin Sales

  7. Heritage Hall 36. Frontier Kemper Constructors

  8. Jewell Coke Company 37. Dolgencorp LLC

  9. Noah Horn Well Drilling 38. Mountain Therapy LLC

  10. Gms Mine Repair & Maintenance 39. Town of Grundy

  11. Fluor Craft Services, Inc. 40. Coastal Sunbelt Produce LLC

  12. Miner’s and Merchant’s Bank 41, Dairy Queen of Grundy

  13. Buchanan County Department of Social Services 42. B &M Construction Inc

  14. Torque Enterprises LLC 43. Young Mens Christian Assoc

  15. University of Appalachia 44, K & K Repairs & Construction I

  16. Carter Machinery Company 45. Riverside Pit Stop

  17. Mcdonalds Of Gate City 46. Saint Charles Community Health

  18. Cramer Security & Investigations 47. Medical Pk Pharmacy of VA Inc

  19. Appalachian School of Law 48, Buchanan Oil Corporation

  20. Buchanan County Public Services 49. United States Department of Labor

  21. Mountain Mission School 50. Leonard Automotive Group

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Did you know…

you can search over 300,000 employer listings on our website provided by Infogroup? This easy-to-use

feature lets you search for employers by keyword, infogrou; industry, sales volume, size range, and more! Gnfogroup

For this data and more, visit us on the web a

irginiaLMI.com

Virginia Employment Commission Page 23 of 46

Employment by Industry

Note: Asterisk (*) indicates non-disclosable data.

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Total: 6,080

Virginia Employment Commission Page 24 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Employment by Industry

Agriculture, Forestry, Fishing and Hunting*

Mining, Quarrying, and Oil and Gas Extraction

Uslites* Construction

Manufacturing

Wholesale Trade

Retail Trade

Transportation and Warehousing

Information

Finance and Insurance

Real Estate and Rental and Leasing

Professional, Scientific, nd Technical Servi Management of Companies and Enterprises ‘Administrative and Support and Waste Manageme Educational Services

Health Care and Social Assistance

Arts, Entertainment, and Recreation* ‘Accommodation and Food Services

Other Services (except Public Administration) Government Total

Fes

ral Government

State Government

cal ove SST

Unclassified

500 1,000 41,500 2,000

Total: 6,080

Note: Asterisk (*) indicates non-disclosable data.

‘Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Virginia Employment Commission Page 24 of 46

New Startup Firms

Buchanan County Virginia

2nd Qtr. 2020 7 3,279

3rd Qtr. 2020 2 4,309

4th Qtr. 2020 4 4,433

1st Qtr. 2021 6 5,190

2nd Qtr. 2021 3 4,843

3rd Qtr. 2021 3 4,948

4th Qtr. 2021 2 3,960

1st Qtr. 2022 3 5,291

2nd Qtr. 2022 9 4,993

3rd Qtr. 2022 4 4,839

4th Qtr. 2022 7 4,162

1st Qtr. 2023 6 5,308

2nd Qtr. 2023 3 4,204

3rd Qtr. 2023 6 4,472

Note: The following criteria was used to define new startup firms: 1.) Setup and liability date both occurred during 2nd Quarter (April, May, June) 2023 2.) Establishment had no predecessor UI Account Number 3.) Private Ownership 4.) Average employment is less than 250 5.) For multi-unit establishments, the parent company must also meet the above criteria.

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Virginia Employment Commission Page 25 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

New Startup Firms

10

° 2nd Qtr. 3rd Qtr. ath Qtr Ast Qtr Ind Qtr 3rd. Qtr. ath Qtr. Ist Qtr. 2nd Qtr. 3rd Qtr Ath Qtr Ast Qtr 2nd Qtr, 3rd Qtr 2020 2020 ©2020-2021. 2021.«-2021’«2021/« «2022» 2022-—«-2022’«« 2022» 2023. «2023-2023

Buchanan County

2nd Qtr. 2020 7 3,279 ‘3rd Qtr. 2020 2 4,309 ‘th Qtr. 2020 4 4,433 Ast Qtr. 2023. é 5,190 2nd Qtr. 2023. 3 4,843 ‘3rd Qtr. 2021, 3 4,948 th Qtr. 2021. 2 3,960 Ast Qtr. 2022 3 5,291 2nd Qtr. 2022 9 4,993 3rd Qtr, 2022 4 4,839 th Qtr. 2022 7 4,162 Ast Qtr. 2023 é 5,308 2nd Qtr. 2023 3 4,204 3rd Qtr, 2023 é 4,472

Note: The following criteria was used to define new startup firms: 1.) Setup and liability date both occurred during 2nd Quarter (April, May, June) 2023

2.) Establishment had no predecessor UI Account Number

3.) Private Ownership

4.) Average employment is less than 250

5.) For multi-unit establishments, the parent company must also meet the above criteria,

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Virginia Employment Commission Page 25 of 46

New Hires by Industry

Source: U.S. Census Bureau, Local Employment Dynamics (LED) Program, 2nd Quarter (April, May, June) 2023, all ownerships.

Total: 795

Virginia Employment Commission Page 26 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

New Hires by Industry

Agriculture, Forestry, Fishing and Hunting Mining, Quarrying, and Oil and Gas Extraction Utilities

Construction

Manufacturing

Wholesale Trade

Retail Trade

‘Transportation and Warehousing

Information

Finance and Insurance

| Estate and Rental and Leasing

Professional, Scientific, and Technical Servi

‘Management of Companies and Enterprises

‘Administrative and Support and Waste Manageme

Educational Services

Health Care and Social Assistance

‘Arts, Entertainment, and Recreation ‘Accommodation and Food Services

Other Services (except Public Administration)

Public Administration

50 100 150 200 250

Total: 795

Source: U.S. Census Bureau, Local Employment Dynamics (LED) Program, 2nd Quarter (April, May, June) 2023, all ownerships.

Virginia Employment Commission Page 26 of 46

Turnover by Industry

Source: U.S. Census Bureau, Local Employment Dynamics (LED) Program, 1st Quarter (January, February, March) 2023, all ownerships.

Average: 10.0%

Virginia Employment Commission Page 27 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Turnover by Industry

Agriculture, Forestry, Fishing and Hunting

Mining, Quarrying, and Oil and Gas Extraction

Utilities

Construction

{|

Manufacturing

Wholesale Trade

. 5 :

Retail Trade

‘Transportation and Warehousing

Information

Finance and Insurance

| Estate and Rental and Leasing

Professional, Scientific, and Technical Servi

‘Management of Companies and Enterprises

‘Administrative and Support and Waste Manageme

Educational Services

Health Care and Social Assistance

‘Arts, Entertainment, and Recreation

‘Accommodation and Food Services

Other Services (except Public Administration)

iy" il

Public Administration

2 2

10%

Ey

20% 25%

Average: 10.0%

Source: U.S. Census Bureau, Local Employment Dynamics (LED) Program, 1st Quarter (January, February, March) 2023, all ownerships.

Virginia Employment Commission Page 27 of 46

Average Weekly Wage by Industry

Note: Asterisk (*) indicates non-disclosable data.

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Virginia Employment Commission Page 28 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Average Weekly Wage by Industry

Total, All Industries Agriculture, Forestry, Fishing and Hunting* Mining, Quarrying, and Oil and Gas Extraction utilities

Construction

Manufacturing

Wholesale Trade

i

Retail Trade ‘Transportation and Warehousing Information

Finance and Insurance

Real Estate and Rental and Leasing Professional, Scientific, nd Technical Servi

Management of Companies and Enterprises.

‘Administrative and Support and Waste Manageme Educational Services

Health Care and Social Assistance

Arts, Entertainment, and Recreation* ‘Accommodation and Food Services

(Other Services (except Public Administration) Government Total

Fes

I Government State Government

Local Government.

Unclassified

Note: Asterisk (*) indicates non-disclosable data.

Source: Virginia Employment Commission, Economic Information & Analytics, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2023.

Virginia Employment Commission Page 28 of 46

Age of Workers by Industry

14—18 19—21 22—24 25—34 35—44 45—54 55—64 65+

Total, All Industries 104 315 321 1,141 1,277 1,272 1,024 445

Agriculture, Forestry, Fishing and Hunting

Mining, Quarrying, and Oil and Gas Extraction

4 57 71 254 333 292 202 53

Utilities 10 15 20 19 8

Construction 10 6 35 42 50 30 9

Manufacturing 17 9 50 73 43 40 9

Wholesale Trade 7 7 28 30 38 34 11

Retail Trade 30 69 50 123 97 105 86 51

Transportation and Warehousing 4 3 3 18 29 39 32 21

Information 7 8 21 15 7 9 3

Finance and Insurance 6 7 24 31 34 28 17

Real Estate and Rental and Leasing 4 4 6 3

Professional, Scientific, and Technical Servi

8 13 53 69 57 49 20

Management of Companies and Enterprises

3 7 3 17 21 17 15 4

Administrative and Support and Waste Manageme

3 9 14 34 43 36 24 16

Educational Services 17 33 99 145 132 171 82

Health Care and Social Assistance 6 34 31 169 161 192 143 72

Arts, Entertainment, and Recreation

Accommodation and Food Services 35 31 20 54 41 43 23 17

Other Services (except Public Administration)

6 3 19 25 24 42 22

Public Administration 21 43 126 99 137 68 23

Source: U.S. Census Bureau, Local Employment Dynamics (LED) Program, 2nd Quarter (April, May, June) 2023, all ownerships.

Developed by the U.S. Census Bureau, the Local Employment Dynamics (LED) program merges Virginia’s Unemployment Compensation wage and employer records with Census demographic data.
Read more about LED on the following website:

http://lehd.did.census.gov/led/

What is LED?

Virginia Employment Commission Page 29 of 46

Economic ProfileBuchanan County

http://lehd.did.census.gov/led/ Buchanan County

Economic Profile

Age of Workers by Industry

14-181 26 25-34 35-46 45-54 55-64 65H Total Al industries FCT EC Agrciture, Forestry, Fang ond Mining, Quarrying, and GT and Ga a a | Serotin Utiies FC Construction 5 aaa 5 Wholesale Trade Se Reta Trade Bessa 8 Transporation and Warehousing 2 TT ieee 5 OS Finance and Tauranee a a Ta SST 2 Protesona, Scene ar Teen | ca

Popo atoad 5 rn a er) Enterprises ‘Adminstratve and Suppor ond Waste eT? Education! Senieas Tee Heath Core and Soci Assistance CC Cc Sea Accommodation and Foed Services =a Other Services (except Public 6 3 19 25 24 42 22 Administration) Publ Administration Fro Source: U.S. Census Bureau, {Sea Employment Dynamics (LED) Proaram, 2nd Quarter (Apr, May, June) 2023, a ownership.

What is LED?

Developed by the U.S. Census Bureau, the Local

Employment Dynamics (LED) program merges

Virginia’s Unemployment Compensation wage and

‘employer records with Census demographic data.

Read more about LED on the following website: LED

|.census.gov/led/ wesscansusaueess

Industry Employment and Projections

Note: Asterisks (***) indicate non-disclosable data. Projections data is for Southwestern Virginia (LWDA I). No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Long Term Industry and Occupational Projections, 2020-2030.

Employment Percent

Estimated 2020

Projected 2030 Change Total Annual

Total, All Industries 56,821 54,002 -2,819 -4.96% -.51%

Total Self-Employed and Unpaid Family Workers

2,397 2,077 -320 -13.35% -1.42%

Agriculture, Forestry, Fishing and Hunting 317 307 -10 -3.15% -.32%

Mining 2,702 2,194 -508 -18.8% -2.06%

Mining, Quarrying, and Oil and Gas Extraction

2,702 2,194 -508 -18.8% -2.06%

Utilities *** *** *** ***

Construction 2,001 1,760 -241 -12.04% -1.28%

Manufacturing 3,094 2,912 -182 -5.88% -.6%

Wholesale Trade *** *** *** ***

Retail Trade 7,953 8,123 170 2.14% .21%

Transportation and Warehousing 1,163 1,026 -137 -11.78% -1.25%

Information 312 189 -123 -39.42% -4.89%

Finance and Insurance 1,037 1,217 180 17.36% 1.61%

Real Estate and Rental and Leasing 294 232 -62 -21.09% -2.34%

Professional, Scientific, and Technical Services

2,372 2,465 93 3.92% .39%

Management of Companies and Enterprises 624 580 -44 -7.05% -.73%

Administrative and Support and Waste Management and Remediation Services

2,344 2,343 -1 -.04% %

Educational Services 6,384 6,100 -284 -4.45% -.45%

Health Care and Social Assistance 8,102 7,951 -151 -1.86% -.19%

Arts, Entertainment, and Recreation 98 114 16 16.33% 1.52%

Accommodation and Food Services 3,738 3,671 -67 -1.79% -.18%

Other Services (except Public Administration)

1,508 1,349 -159 -10.54% -1.11%

Unclassified 8,951 7,838 -1,113 -12.43% -1.32%

Long Term (Period= 30)

Virginia Employment Commission Page 30 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Industry Employment and Projections

Long Term (Period= 30)

Employment Percent

Estimated Projected

2020 2030

Total, All Industries 56,821 54,002 -2,819 4.96% -.51% Total Self-Employed and Unpaid Family 2,397 2,077 -320 “13.35% “1.42% Workers Agriculture, Forestry, Fishing and Hunting 317, 307, “10 -3.15% =32% Mining 2,702 2,194 “508 =18.8% -2.06% Mining, Quarrying, and Oil and Gas 2,702 2,194 “508 “18.8% -2.06% Utilities oe oe oe oe Construction 2,001 1,760 “241 12.04% “1.28% Manufacturing 3,094 2,912 "182 “5.88% =.6% Wholesale Trade ca ca ca a Retail Trade 7,953 8,123 170 2.14% 21% Transportation and Warehousing 1,163 1,026 “137, “11.78% “1.25% Taformation 312 189 "123 39.42% “4.89% Finance and Insurance 1,037 1217 180 17.36% 1.61% Real Estate and Rental and Leasing 294 232 “62 =21.08% "2.34% Professional, Scientific, and Technical 2,372 2,465 93 3.92% 39% Services Management of Companies and Enterprises 624 580 44 “7.05% =73% ‘Administrative and Support and Waste 2,344 2,343 “1 =.04% % Management and Remediation Services Educational Services 6,384 6,100 “284 -4.45% 745% Health Care and Social Assistance 8,102 7,951 “151 “1.86% =19% ‘Arts, Entertainment, and Recreation 98 4 16 16.33% 152% ‘Accommodation and Food Services 3,738 3,671 “67 “1.79% 18% ‘Other Services (except Public 1,508 1,349 “159 710.54% “1% Administration) Unclassified 8,951 7,838 “1413 712.43% ~1.32%

Note: Asterisks (***) indicate non-disclosable data. Projections data is for Southwestern Virginia (LWDA 1). No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Long Term Industry and Occupational Projections, 2020-2030.

Virginia Employment Commission Page 30 of 46

Industry Employment and Projections

Note: Asterisks (***) indicate non-disclosable data. Projections data is for Virginia Statewide. No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Short Term Industry and Occupational Projections, 2023-2025.

Employment Percent

Estimated 2023

Projected 2025 Change Total Annual

Total, All Industries 4,227,240 4,297,047 69,807 1.65% .82%

Total Self-Employed and Unpaid Family Workers

239,797 241,487 1,690 .7% .35%

Agriculture, Forestry, Fishing and Hunting *** *** *** *** ***

Mining *** *** *** *** ***

Mining, Quarrying, and Oil and Gas Extraction


Utilities *** *** *** *** ***

Construction 209,584 213,530 3,946 1.88% .94%

Manufacturing 245,235 247,714 2,479 1.01% .5%

Wholesale Trade 113,897 116,115 2,218 1.95% .97%

Retail Trade 392,138 392,340 202 .05% .03%

Transportation and Warehousing *** *** *** *** ***

Information 70,361 70,652 291 .41% .21%

Finance and Insurance 146,669 151,031 4,362 2.97% 1.48%

Real Estate and Rental and Leasing 58,218 58,714 496 .85% .43%

Professional, Scientific, and Technical Services

466,794 481,278 14,484 3.1% 1.54%

Management of Companies and Enterprises 87,697 89,808 2,111 2.41% 1.2%

Administrative and Support and Waste Management and Remediation Services

248,458 255,074 6,616 2.66% 1.32%

Educational Services 371,820 373,352 1,532 .41% .21%

Health Care and Social Assistance 483,528 506,605 23,077 4.77% 2.36%

Arts, Entertainment, and Recreation 54,620 51,914 -2,706 -4.95% -2.51%

Accommodation and Food Services 334,821 341,070 6,249 1.87% .93%

Other Services (except Public Administration)

130,750 132,292 1,542 1.18% .59%

Unclassified 403,403 407,459 4,056 1.01% .5%

Short Term (Period= 25)

Virginia Employment Commission Page 31 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Industry Employment and Projections

Short Term (Period= 25)

Employment Percent

Estimated Projected

2023 2025

Total, All Industries 4,227,240 4,297,047 69,807 1.65% 82% Total Self-Employed and Unpaid Family 239,797 241,487 1,690 % 35% Workers Agriculture, Forestry, Fishing and Hunting ee ee ee ee ee Mining crs crs crs crs crs Mining, Quarrying, and Oil and Gas oe oe oe oe oe Extraction Utilities oe oe oe ee oe Construction 209,584 213,530 3,946 1.88% 94% Manufacturing 245,235, 247,714 2,479 1.01% 5% Wholesale Trade 113,897 116,115 2,218 1.95% 97% Retail Trade 392,138 392,340 202 05% 03% Transportation and Warehousing a a a eee a Taformation 70,361 70,652 291 41% 21% Finance and Insurance 146,669 151,031 4,362 2.97% 1.48% Real Estate and Rental and Leasing 58,218 58,714 496 85% 43% Professional, Scientific, and Technical 466,794 481,278 14,484 3.1% 1.54% Services Management of Companies and Enterprises 87,697, 89,808 2Att 2.41% 1.2% ‘Administrative and Support and Waste 248,458 255,074 6,616 2.66% 1.32% Management and Remediation Services Educational Services 371,820 373,352 1,532 41% 21% Health Care and Social Assistance 483,528 506,605 23,077 4.77% 2.36% ‘Arts, Entertainment, and Recreation 54,620 51,914 =2,706 -4.95% “2.51% ‘Accommodation and Food Services 334,821 341,070 6,249, 1.87% 939% (Other Services (except Public 130,750 132,292 1,542 118% 59% Administration) Unclassified 403,403, 407,459 4,056 1.01% 5%

Note: Asterisks (***) indicate non-disclosable data. Projections data is for Virginia Statewide. No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Short Term Industry and Occupational Projections, 2023-2025.

Virginia Employment Commission Page 31 of 46

Occupation Employment and Projections

Note: Asterisks (***) indicate non-disclosable data. Projections data is for Southwestern Virginia (LWDA I). No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Long Term Industry and Occupational Projections, 2020-2030.

Employment Openings

Estimated 2020

Projected 2030 % Change Replace

-ments Growth Total

Total, All Occupations 56,821 54,002 -4.96% 61,027 -2,819 58,208

Management Occupations 2,050 1,987 -3.07% 1,569 -63 1,506

Business and Financial Operations Occupations

1,596 1,526 -4.39% 1,380 -70 1,310

Computer and Mathematical Occupations 1,075 997 -7.26% 729 -78 651

Architecture and Engineering Occupations 639 721 12.83% 513 82 595

Life, Physical, and Social Science Occupations 484 458 -5.37% 392 -26 366

Community and Social Service Occupations 1,734 1,660 -4.27% 1,631 -74 1,557

Legal Occupations 347 315 -9.22% 212 -32 180

Education, Training, and Library Occupations 4,371 4,204 -3.82% 3,749 -167 3,582

Arts, Design, Entertainment, Sports, and Media Occupations

332 316 -4.82% 361 -16 345

Healthcare Practitioners and Technical Occupations

3,900 4,007 2.74% 2,244 107 2,351

Healthcare Support Occupations 2,858 2,904 1.61% 3,495 46 3,541

Protective Service Occupations 3,283 2,919 -11.09% 2,925 -364 2,561

Food Preparation and Serving Related Occupations

4,282 4,186 -2.24% 7,573 -96 7,477

Building and Grounds Cleaning and Maintenance Occupations

1,460 1,470 .68% 1,910 10 1,920

Personal Care and Service Occupations 468 455 -2.78% 652 -13 639

Sales and Related Occupations 6,059 5,760 -4.93% 8,302 -299 8,003

Office and Administrative Support Occupations

7,270 6,452 -11.25% 7,548 -818 6,730

Farming, Fishing, and Forestry Occupations 277 268 -3.25% 416 -9 407

Construction and Extraction Occupations 4,047 3,463 -14.43% 3,936 -584 3,352

Installation, Maintenance, and Repair Occupations

2,625 2,418 -7.89% 2,389 -207 2,182

Production Occupations 2,825 2,599 -8% 2,918 -226 2,692

Transportation and Material Moving Occupations

4,839 4,917 1.61% 6,183 78 6,261

Long Term (Period= 30)

Virginia Employment Commission Page 32 of 46

Economic ProfileBuchanan County

Buchanan County

Economic Profile

Occupation Employment and Projections

Long Term (Period=

Employment

Estimated Projected o. Change Replace Grow _ ate step % Changs Growth Total

Total, All Occupations 56,821 54,002 -4.96% 61,027 _-2,819 58,208

Management Occupations 2,050 1,987 -3.07% 1,569 “63 1,506

Business and Financial Operations 1,596 1/526 -4.39% 1,380 “70 4,310

Occupations

‘Computer and Mathematical Occupations 1,075 997__-7.26% 729, “78 651

Architecture and Engineering Occupations 639) 721 12.83% 513 82 595,

Life, Physical, and Social Science Occupations 484 458 5.37% 392 “26 366

‘Community and Social Service Occupations 1,734 1,660 -4.27% 1,631 “74 1,557

Legal Occupations 347, B15 -9.22% 212 -32 180

Education, Training, and Library Occupations 4371 4,204 -3.82% 3,749 “167 3,582

‘Arts, Design, Entertainment, Sports, and 332 316 -4.82% 361 “16 345

Media Occupations

Healthcare Practitioners and Technical 3,900 4,007 2.74% 2,244 107 2,351

Occupations

Healthcare Support Occupations 2,858 2,904 1.61% 3,495 46 3,541

Protective Service Occupations 3,283 2,919 -11.09% 2,925 “364 2,561

Food Preparation and Serving Related 4,282 4186 -2.24% 7,573 “96 7,A77

Occupations

Building and Grounds Cleaning and 1,460 1,470 68% 1,910 10 1,920

Maintenance Occupations

Personal Care and Service Occupations 468 455__-2.78% 652 “13, 639

Sales and Related Occupations 6,059) 5,760 -4.93% 8,302 =299) 8,003,

Office and Administrative Support 7,270 6452 -11.25% 7,548 “818 6,730

Occupations

Farming, Fishing, and Forestry Occupations 277 268 -3.25% 416 3 407

Construction and Extraction Occupations 4,047 3463 “14.43% 3,936 “584 3,352

Installation, Maintenance, and Repair 2,625 2418 -7.89% 2,389 -207 2,182

Occupations

Production Occupations 2,825 2,599 “8% 2,918 “226 2,692

Transportation and Material Moving 4,839 4,917 1.61% 6,183 78 6,261

Occupations

Note: Asterisks (***) indicate non-disciosable data.

Projections data is for Southwestern Virginia (LWDA 1). No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics,

Long Term Industry and Occupational Projections, 2020-2030.

Virginia Employment Commission Page 32 of 46

Occupation Employment and Projections

Note: Asterisks (***) indicate non-disclosable data. Projections data is for Virginia Statewide. No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Short Term Industry and Occupational Projections, 2023-2025.

Employment Openings

Estimated 2023

Projected 2025 % Change Replace

-ments Growth Total

Total, All Occupations 4,227,240 4,297,047 1.65% 903,350 69,807 973,157

Management Occupations 271,536 276,830 1.95% 40,577 5,294 45,871

Business and Financial Operations Occupations

396,529 406,395 2.49% 63,467 9,866 73,333

Computer and Mathematical Occupations 253,216 262,198 3.55% 29,623 8,982 38,605

Architecture and Engineering Occupations 72,179 74,161 2.75% 9,601 1,982 11,583

Life, Physical, and Social Science Occupations 44,822 45,997 2.62% 7,288 1,175 8,463

Community and Social Service Occupations 67,590 70,716 4.62% 11,503 3,126 14,629

Legal Occupations 40,277 40,829 1.37% 5,589 552 6,141

Education, Training, and Library Occupations 250,530 252,112 .63% 43,782 1,582 45,364

Arts, Design, Entertainment, Sports, and Media Occupations

65,062 65,296 .36% 12,534 234 12,768

Healthcare Practitioners and Technical Occupations

235,515 244,716 3.91% 26,483 9,201 35,684

Healthcare Support Occupations 146,757 156,335 6.53% 43,304 9,578 52,882

Protective Service Occupations 105,614 107,326 1.62% 24,719 1,712 26,431

Food Preparation and Serving Related Occupations

321,244 328,154 2.15% 123,700 6,910 130,610

Building and Grounds Cleaning and Maintenance Occupations

140,378 142,442 1.47% 37,697 2,064 39,761

Personal Care and Service Occupations 104,753 103,851 -.86% 35,531 -902 34,629

Sales and Related Occupations 384,888 384,885 % 99,244 -3 99,241

Office and Administrative Support Occupations

461,211 459,878 -.29% 104,750 -1,333 103,417

Farming, Fishing, and Forestry Occupations 6,494 6,419 -1.15% 1,857 -75 1,782

Construction and Extraction Occupations 194,340 198,560 2.17% 33,356 4,220 37,576

Installation, Maintenance, and Repair Occupations

166,897 169,542 1.58% 29,245 2,645 31,890

Production Occupations 173,490 174,341 .49% 37,315 851 38,166

Transportation and Material Moving Occupations

323,918 326,064 .66% 82,185 2,146 84,331

Short Term (Period= 25)

Virginia Employment Commission Page 33 of 46

Economic ProfileBuchanan County

Buchanan County

Economic Profile

Occupation Employment and Projections

Employment

Short Term (Period= 25)

Estimated Projected change Replace Grow otal 2023 2025 % Chang jents__ Growth Total

Total, All Occupations 4,227,240 4,297,047 1.65% 903,350 69,807__ 973,157

Management Occupations 271,536 276,830 1.95% 40,577 5,294 45,871

Business and Financial Operations 396,529 406,395, 2.49% 63,467 9,866. 73,333

Occupations:

‘Computer and Mathematical Occupations 253,216 262,198 3.55% 29,623 8,982 38,605

Architecture and Engineering Occupations 72,179 74,161 2.75% 9,601, 1,982 11,583

Life, Physical, and Social Science Occupations 44,822 45,997 2.62% 7,288 LA75, 8,463

‘Community and Social Service Occupations 67,590 70,716 4.62% 14,503 3,126 14,629

Legal Occupations 40,277 40,829 1.37% 5,589 352 6141

Education, Training, and Library Occupations 250,530 252,112 63% 43,782 1,582 __45,364

‘Arts, Design, Entertainment, Sports, and 65,062 65,296 "36% 12,534 234 «12,768

Media Occupations

Healthcare Practitioners and Technical 235,515 244,716 3.91% 26,483 9,201 35,684

Occupations

Healthcare Support Occupations 146,757 156,335) 6.53% 43,304 9,578 52,882

Protective Service Occupations 105,614 107,326 1.62% 24,719 1,712 26,431

Food Preparation and Serving Related 321,244 328,154 2.15% 123,700 6,910 130,610

Occupations:

Building and Grounds Cleaning and 140,378 —*142,442, 1a7% 37,697 2,064 39,761

Maintenance Occupations

Personal Care and Service Occupations 104,753 103,851 =-86% 35,531 =902__34,629

‘ales and Related Occupations 384,888 384,885 % 99,244 “399,241

Office and Administrative Support 461,211 459,878 =.29% 104,750 -1,333«103,417

Occupations,

Farming, Fishing, and Forestry Occupations 6,494 6419 _-1.15% 1,857 “75 1,782

Construction and Extraction Occupations 194,340 198,560, 2.17% 33,356 4220___37,576

Installation, Maintenance, and Repair 166,897 169,542 1.58% 29,245 2,645 31,890

Occupations

Production Occupations 173,490___174,341 49% 37,315, 851__-38,166

‘Transportation and Material Moving 323,018 326,064 66% 82,185 2,146 84,331

Occupations

Note: Asterisks (***) indicate non-disclosable data.

Projections data is for Virginia Statewide. No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics,

Short Term Industry and Occupational Projections, 2023-2025.

Virginia Employment Commission Page 33 of 46

Growth Occupations

Note: Asterisks (***) indicate non-disclosable data. Projections and OES wage data are for Southwestern Virginia (LWDA I). No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Long Term Industry and Occupational Projections, 2020-2030 Occupational Employment Statistics (OES) Survey, 2022.

Employment Openings

Estimated 2020

Projected 2030 % Change Replace

-ments Growth Total Average

Annual Salary

Rotary Drill Operators, Oil and Gas

95 151 58.95% 144 56 200 N/A

Veterinary Assistants and Laboratory Animal Caretakers

*** *** *** *** *** *** N/A

Pharmacy Technicians 257 353 37.35% 214 96 310 $33,410

Security Guards 244 317 29.92% 366 73 439 $29,220

Financial Managers 117 151 29.06% 94 34 128 $130,540

Mobile Heavy Equipment Mechanics, Except Engines

241 311 29.05% 268 70 338 $60,830

Pharmacists 186 228 22.58% 78 42 120 $122,570

Nurse Practitioners 204 245 20.1% 117 41 158 $126,980

Tellers 331 376 13.6% 365 45 410 $30,910

Medical and Health Services Managers

127 144 13.39% 103 17 120 $94,290

Respiratory Therapists 127 140 10.24% 63 13 76 $56,270

Physical Therapist Assistants 130 143 10% 161 13 174 $58,550

Sales and Related Workers, All Other

*** *** *** *** *** *** N/A

Industrial Machinery Mechanics 198 216 9.09% 176 18 194 $47,970

Packers and Packagers, Hand 148 160 8.11% 213 12 225 $25,190

Coaches and Scouts 119 128 7.56% 169 9 178 $46,330

Welders, Cutters, Solderers, and Brazers

406 435 7.14% 443 29 472 $48,120

Landscaping and Groundskeeping Workers

*** *** *** *** *** *** N/A

Market Research Analysts and Marketing Specialists

153 159 3.92% 151 6 157 $66,630

First-Line Supervisors of Food Preparation and Serving Workers

433 447 3.23% 644 14 658 $34,650

Virginia Employment Commission Page 34 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Growth Occupations

Employment Cpa estimates rojectec eplace Bveregal Estimated Projected oy change | REPEC Growth ‘ee | Retry Ol Operator, O nd 3% ISL 58.95% 48 56200 WA Vetetnary Aisans and a Wa Laboratory Anima Caretakers Pharmacy Technicians wes ina Security Guards Be 23668 7a a9 92,220 Financial Managers nasi 28.06%6 38 a4 128 #330,540 Mobile Heavy Equipment 241 311 29.05% 268 70 338 $60,830 Mechanics Cece nals Pharmacists ET EES Fa CES Turse Practlones 2082450. SCS 96980 Telers BL ~~a6 6m ~SC~C~tS SCC Medical and Heath Senices ayaa 9% 08 17420. $94,290 Managers Respiratory Therapists 127 140 10.24% 63 13 76 $56,270 Physial Therapist Asitants Fe YT 17a 350,550 Sales and Related Workers, Alll ee “em “em “ee “ee “ee N/A owner Tnustral Machinery Mechanics FE TZ EC ET) Packers and packagers, Hand ie 608m 125 $25,190 Coaches and Scouts 19s 76m 168 oe ¥46,330, Wolters, Cites, Sade, and ~~ CTB a a7 948,120 saan Ie Se oe oe Ta Groundsesping Workers Market Research Analysts and a TST © is7 $66,830 Marketing Specials First-Line Supervisors of Food 433 447 3.23% 644 14 658 $34,650

Preparation and Serving Workers

Note: Asterisks (***) indicate non-disclosable data. Projections and OES wage data are for Southwestern Virginia (LWDA 1). No data available for Buchanan County.

‘Source: Virginia Employment Commission, Economic Information & Analytics, Long Term Industry and Occupational Projections, 2020-2030 Occupational Employment Statistics (OES) Survey, 2022.

Virginia Employment Commission Page 34 of 46

Declining Occupations

Note: Asterisks (***) indicate non-disclosable data. Projections data is for Southwestern Virginia (LWDA I). No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Long Term Industry and Occupational Projections, 2020-2030.

Employment Openings

Estimated 2020

Projected 2030 % Change Replace

-ments Growth Total

Telemarketers *** *** *** *** *** ***

Postal Service Mail Carriers 167 124 -25.75% 103 -43 60

Operating Engineers and Other Construction Equipment Operators

408 314 -23.04% 377 -94 283

Chief Executives *** *** *** *** *** ***

Electricians 501 395 -21.16% 459 -106 353

Continuous Mining Machine Operators 307 243 -20.85% 321 -64 257

Secretaries and Administrative Assistants, Except Legal, Medical, and Executive

753 609 -19.12% 726 -144 582

Correctional Officers and Jailers 1,751 1,424 -18.68% 1,456 -327 1,129

Sawing Machine Setters, Operators, and Tenders, Wood

181 148 -18.23% 183 -33 150

Driver/Sales Workers 163 134 -17.79% 162 -29 133

Cooks, Fast Food *** *** *** *** *** ***

First-Line Supervisors of Correctional Officers *** *** *** *** *** ***

Office Clerks, General 1,132 952 -15.9% 1,187 -180 1,007

Bookkeeping, Accounting, and Auditing Clerks 774 651 -15.89% 782 -123 659

Water and Wastewater Treatment Plant and System Operators

150 127 -15.33% 125 -23 102

Automotive Service Technicians and Mechanics 414 351 -15.22% 374 -63 311

Carpenters 113 96 -15.04% 95 -17 78

Farmers, Ranchers, and Other Agricultural Managers


First-Line Supervisors of Construction Trades and Extraction Workers

550 477 -13.27% 477 -73 404

Billing and Posting Clerks 170 148 -12.94% 163 -22 141

Virginia Employment Commission Page 35 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Declining Occupations

Replace

Estimated Projected

2020 2030 _% Change

Growth Total

Telemarketers rors rors rors ee crs eee Postal Service Mail Carriers 167 124 -25.75% 103 ~43 60 ‘Operating Engineers and Other Construction 408 314 —-23.04% 37 “34 283 Equipment Operators

‘Chief Executives crs crs crs crs crs crs Electricians 501 305 -21.16% 459 =106 353 Continuous Mining Machine Operators 307, 243 -20.85% 321 “64 257 ‘Secretaries and Administrative Assistants, 753, 609 -19.12% 726 “144 582 Except Legal, Medical, and Executive

Correctional Officers and Jailers 1,751 1424 “18.68% 1456 “327, 1129 ‘Sawing Machine Setters, Operators, and 181 148 -18.23% 183 “33 150 Tenders, Wood

Driver/Sales Workers 163 134 -17.79% 162 -29 133 ‘Cooks, Fast Food Tee ee ee err eee eee First-Line Supervisors of Correctional Officers a iad a iad iad ad Office Clerks, General 1,132 952 15.9% 1,187 =180 1,007 Bookkeeping, Accounting, and Auditing Clerks 774 651 -15.89% 782 “123, 659 Water and Wastewater Treatment Plant and 150 127. -15.33% 125 “23 102 System Operators

‘Automotive Service Technicians and Mechanics 414 351 -15.22% 374 -63 311 Carpenters 113, 96 _-15.04% 95, 17 78 Farmers, Ranchers, and Other Agricultural oe oe oe oe oe oe Managers

First-Line Supervisors of Construction Trades 550 477 13.27% 477 “73 “404 and Extraction Workers:

Billing and Posting Clerks 170 148 -12.94% 163 “22 141

Note: Asterisks (***) indicate non-disclosable data. Projections data is for Southwestern Virginia (LWDA 1). No data available for Buchanan County.

Source: Virginia Employment Commission, Economic Information & Analytics, Long Term Industry and Occupational Projections, 2020-2030.

Virginia Employment Commission Page 35 of 46

Consumer Price Index (CPI)

Note: CPI data is for the United States only. No data available for Buchanan County.

The CPI-U includes expenditures by urban wage earners and clerical workers, professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, retirees and others not in the labor force. The CPI-W only includes expenditures by those in hourly wage earning or clerical jobs.

Source: Bureau of Labor Statistics, Consumer Price Indexes (CPI) Program.

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Ann. % chg

2014 233.916 234.781 236.293 237.072 237.900 238.343 238.250 237.852 238.031 237.433 236.151 234.812 236.736 1.6

2015 233.707 234.722 236.119 236.599 237.805 238.638 238.654 238.316 237.945 237.838 237.336 236.525 237.017 0.1

2016 236.916 237.111 238.132 239.261 240.229 241.018 240.628 240.849 241.428 241.729 241.353 241.432 240.007 1.3

2017 242.839 243.603 243.801 244.524 244.733 244.955 244.786 245.519 246.819 246.663 246.669 246.524 245.120 2.1

2018 247.867 248.991 249.554 250.546 251.588 251.989 252.006 252.146 252.439 252.885 252.038 251.233 251.107 2.4

2019 251.712 252.776 254.202 255.548 256.092 256.143 256.571 256.558 256.759 257.346 257.208 256.974 255.657 1.8

2020 257.971 258.678 258.115 256.389 256.394 257.797 259.101 259.918 260.280 260.388 260.229 260.474 258.811 1.2

2021 261.582 263.014 264.877 267.054 269.195 271.696 273.003 273.567 274.310 276.589 277.948 278.802 270.970 4.7

2022 281.148 283.716 287.504 289.109 292.296 296.311 296.276 296.171 296.808 298.012 297.711 296.797 292.655 8.0

2023 299.170 300.840 301.836 303.363 304.127 305.109 305.691 307.026 307.789 307.671 307.051 306.746 304.702 4.1

2024 308.417 310.326

All Urban Consumers (CPI-U)

Urban Wage Earners and Clerical Workers (CPI-W)

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Ann. % chg

2014 230.040 230.871 232.560 233.443 234.216 234.702 234.525 234.030 234.170 233.229 231.551 229.909 232.771 1.5

2015 228.294 229.421 231.055 231.520 232.908 233.804 233.806 233.366 232.661 232.373 231.721 230.791 231.810 -0.4

2016 231.061 230.972 232.209 233.438 234.436 235.289 234.771 234.904 235.495 235.732 235.215 235.390 234.076 1.0

2017 236.854 237.477 237.656 238.432 238.609 238.813 238.617 239.448 240.939 240.573 240.666 240.526 239.051 2.1

2018 241.919 242.988 243.463 244.607 245.770 246.196 246.155 246.336 246.565 247.038 245.933 244.786 245.146 2.5

2019 245.133 246.218 247.768 249.332 249.871 249.747 250.236 250.112 250.251 250.894 250.644 250.452 249.222 1.7

2020 251.361 251.935 251.375 249.515 249.521 251.054 252.636 253.597 254.004 254.076 253.826 254.081 252.248 1.2

2021 255.296 256.843 258.935 261.237 263.612 266.412 267.789 268.387 269.086 271.552 273.042 273.925 265.510 5.3

2022 276.296 278.943 283.176 284.575 288.022 292.542 292.219 291.629 291.854 293.003 292.495 291.051 287.984 8.5

2023 293.565 295.057 296.021 297.730 298.382 299.394 299.899 301.551 302.257 302.071 301.224 300.728 298.990 3.8

2024 302.201 304.284

Virginia Employment Commission Page 36 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Consumer Price Index (CPI)

All Urban Consumers (CPI-U)

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. | Ann. %chg 2014 233.916 234.781 236.293 237.072 237.900 238.343 238.250 237.852 238.031 237.433 236.151 234.812 236.736 1.6 2015 233.707 234.722 236.119 236.599 237.805 238.638 236.654 238.316 237.945 237.838 237.336 236.525 237.017 0.1 2016 236.916 237.111 236.132 239.261 240.229 241.018 240.628 240.849 241.428 241.729 241.353 241.432 240007 1.3, 2017 242.839 243.603 243.801 244.524 244,733 244,955 244.786 245.519 246.819 246.663 246.669 246.524 245.120 2.1 2018 247.867 248.991 249.554 250.546 251.588 251,989 252.006 252.146 252.439 252.885 252.038 251233 251.107 24 2019 251.712 252.76 254.202 255.548 256.092 256.143 256.571 256.558 256.759 257.346 257.208 256.974 25565718 2020 257.971 258.678 258.115 256.389 256.394 257.797 259.101 259.918 260.280 260.388 260.229 260.474 25881112 2021 261.582 263.014 264.877 267.054 269.195 271,696 273.003 273.567 274310 276.589 277.948 278.802 270970 47 2022 281.148 283.716 287.504 269.109 292.296 296.311 296.276 296.171 296.808 298.012 297.711 296.797 292655 6.0 2023 299.170 300.840 301.836 303.363 304.127 305.109 305.691 307.026 307.789 307.671 307.051 306.746 304.702 4.1

2024 308.417 310.326

Urban Wage Eamers and Clerical Workers (CPI-W)

an, Feb, Mar Apr May Jun. ul, Aug. Sep. Oct, Nov. Dee

2014 230.040 230.871 232.560 233.443 234.216 234.702 234.525 234.030 234.170 233.229 231.551 229.909 232.71 1.5) 2015 228.294 229.421 231.055 231.520 232,908 233.804 233.806 233.366 232.661 232.373 231.721 230.791 231810 -04 2016 231.061 230.972 232.209 233.438 234.436 235.289 234.71 234.904 235.495 235.732 235.215 235.390 234076 1.0, 2017 236.854 237.477 237.656 238.432 236.609 238.813 238617 239.448 240.939 240.573 240.666 240526 239.051 2.1 2018 241.919 242.988 243.463 244.607 245.770 246.196 246.155 246.336 246.565 247.038 245.933 244,786 245146 25 2019 245.133 246.218 247.768 249.332 249.871 249.747 250.236 250.112 250.251 250.894 250.644 250.452 249.222 1.7, 2020 251.361 251.935 251.375 249.515 249.521 251.054 252.636 253.597 254.004 254.076 253.826 254.081 252.248 1.2 2021 255.296 256.843 256.935 261.237 263.612 266.412 267.789 268.387 269.086 271.552 273.042 273.925 265510 5.3 2022 276.296 278.943 283.176 264.575 288.022 292.542 292.219 291.629 291.854 293.003 292.495 291.051 28798485 2023 293.565 295.057 296.021 297.730 298.362 299.394 299.899 301.551 302.257 302.071 301.224 300.728 298990 3.8

2024 302.201 304.284

Note: CPI data is for the United States only. No data available for Buchanan County.

The CPI-U Includes expenditures by urban wage earners and clerical workers, professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, retirees and others notin the labor force. The CPI-W only includes expenditures by those in hourly wage earning or clerical jobs.

Source: Bureau of Labor Statistics, ‘Consumer Price Indexes (CPI) Program.

Virginia Employment Commission Page 36 of 46

Local Option Sales Tax

Buchanan County Virginia

2008 $1,581,438 $1,032,815,078

2009 $1,483,402 $979,594,664

2010 $1,488,600 $992,820,512

2011 $1,876,126 $1,035,981,229

2012 $2,110,747 $1,080,663,042

2013 $1,841,612 $1,093,292,668

2014 $1,716,638 $1,131,194,860

2015 $1,708,170 $1,179,611,271

2016 $1,629,811 $1,202,257,995

2017 $1,684,193 $1,232,981,515

2018 $1,835,907 $1,282,022,261

Note: This data is based on Virginia sales tax revenues deposited, rather than the actual taxable sales figures as reported on a dealer’s return.

Source: Virginia Department of Taxation, Revenue Forecasting.

Trends

Virginia Employment Commission Page 37 of 46

Economic ProfileBuchanan County

Buchanan County Economic Profile

Local Option Sales Tax

Trends

$2,200,000

$2,000,000

$1,800,000

$1,600,000

$1,400,000 2008 ©2009» «2010-2011. «2012» 2013.-«S 2014. «20152016. «= 2017-2018

Buchanan County rai

2008 $1,581,438 $1,032,815,078 2009 $1,483,402 $979,594,664 2010 $1,488,600 $992,820,512 2012 $1,876,126 $1,035,981,229 2012 $2,110,747, $1,080,663,042 2013 $1,841,612 $1,093,292, 668 2014 $1,716,638 $1,131,194,860 2015 $1,708,170 $1,179,611,271 2016 $1,629,811 $1,202,257,995 2017 $1,684,193 $1,232,981,515 2018 $1,835,907 $1,282,022,261

Note: This data Is based on Virginia sales tax revenues deposited, rather than the actual taxable sales figures as reported on a dealer’s return.

Source: Virginia Department of Taxation, Revenue Forecasting.

Virginia Employment Commission Page 37 of 46

Local Option Sales Tax

Note: This data is based on Virginia sales tax revenues deposited, rather than the actual taxable sales figures as reported on a dealer’s return.

Source: Virginia Department of Taxation, Revenue Forecasting.

Past 12 Months

Buchanan County Virginia

Dec. 2017 $172,415 $123,193,863

Jan. 2018 $161,177 $90,794,207

Feb. 2018 $131,184 $90,576,093

Mar. 2018 $150,739 $107,834,402

Apr. 2018 $127,696 $102,372,977

May 2018 $179,414 $110,211,496

Jun. 2018 $204,246 $112,529,037

Jul. 2018 $151,818 $107,211,401

Aug. 2018 $138,749 $109,428,585

Sep. 2018 $138,239 $105,468,340

Oct. 2018 $135,987 $107,742,243

Nov. 2018 $150,523 $112,348,128

Dec. 2018 $166,135 $125,505,352

Virginia Employment Commission Page 38 of 46

Education ProfileBuchanan County

Buchanan County

Education Profile

$250,000

$200,000

$150,000

$100,000 Dec. Jan. 2017 2018

Local Option Sales Tax Past 12 Months

Feb. Mar. Apr. May 2018 201820182018

Buchanan County

un, 2018,

Aug. Sep. 2018 2018

Dec. 2017 $172,415 $123,193,863 Jan. 2018 $161,177 $90,794,207 Feb. 2018 $131,184 $90,576,093 Mar. 2018 $150,739 $107,834,402 Apr. 2018 $127,696 $102,372,977 May 2018 $179,414 $10,211,496 Jun. 2018 $204,246 $12,529,037 Jul. 2018 $151,818 $107,211,401 ‘Aug. 2018 $138,749 $109,428, 585 Sep. 2018 $138,239 $105,468,340 Oct. 2018 $135,987 $107,742,243 Nov. 2018. $150,523 $12,348,128 Dec. 2018 $166,135 $125,505,352

Oct. Nov. Dec. 2018 2018-2018,

Note: This data is based on Virginia sales tax revenues deposited, rather than the actual taxable sales figures as reported on a

dealer’s return.

Source: Virginia Department of Taxation,

Revenue Forecasting.

Virginia Employment Commission

Page 38 of 46

IV. Education Profile

The Education Profile for Buchanan County provides an assortment of data collected from the United States Census Bureau and the National Center for Education Statistics (NCES).

Related Terms and DefinitionsOverview

Associate’s degree An award that normally requires at least two but less than four years of full-time equivalent college work.

Bachelor’s degree An award that normally requires at least four but not more than five years of full-time equivalent college-level work.

Post-baccalaureate certificate An award that requires completion of an organized program of study equivalent to 18 semester credit hours beyond the bachelor’s. It is designed for persons who have completed a bachelor’s degree, but do not meet the requirements of a master’s degree.

Master’s degree An award that requires the successful completion of a program of study of at least the full-time equivalent of one but not more than two academic years of work beyond the bachelor’s degree.

Post-master’s certificate An award that requires completion of an organized program of study equivalent to 24 semester credit hours beyond the master’s degree, but does not meet the requirements of academic degrees at the doctor’s level.

Doctor’s degree The highest award a student can earn for graduate study.

First-professional degree An award that requires completion of a program that meets all of the following criteria: (1) completion of the academic requirements to begin practice in the profession; (2) at least two years of college work prior to entering the program; and (3) a total of at least six academic years of college work to complete the degree program, including prior required college work plus the length of the professional program itself.

Virginia Employment Commission Page 39 of 46

Education ProfileBuchanan County

Buchanan Count

Education Profile

Overview

The Education Profile for Buchanan County provides an assortment of data collected from the United States Census Bureau and the National Center for Education Statistics (NCES).

IV. Education Profile

Related Terms and Defi

ions

Associate’s degree

‘An award that normally requires at least two but less than four years of full-time equivalent college work.

Bachelor’s degree

‘An award that normally requires at least four but not more than five years of full-time equivalent college-level work.

Post-baccalaureate certificate

‘An award that requires completion of an organized program of study equivalent to 18 semester credit hours beyond the bachelor’s. It is designed for persons who have completed a bachelor’s degree, but do not meet the requirements of a master’s degree.

Master’s degree

‘An award that requires the successful completion of a program of study of at least the full-time equivalent of one but not more than two academic years of work beyond the bachelor’s degree.

Post-master’s certificate

An award that requires completion of an organized program of study equivalent to 24 semester credit hours beyond the master’s degree, but does not meet the requirements of academic degrees at the doctor’s level.

Doctor’s degree The highest award a student can earn for graduate study.

First-professional degree

An award that requires completion of a program that meets all of the following criteria: (1) completion of the academic requirements to begin practice in the profession; (2) at least two years of college work prior to entering the program; and (3) a total of at least six academic years of college work to complete the degree program, including prior required college work plus the length of the professional program itself.

Virginia Employment Commission

Page 39 of 46

Educational Attainment

Source: U.S. Census Bureau American Community Survey, 2011-2015.

(Population 18 years and over)

Buchanan County Virginia United States

8th Grade or Less 3,024 275,329 12,639,425

Some High School 2,470 464,075 20,093,117

High School Grad/GED 6,709 1,633,105 68,044,371

Some College 3,895 1,457,887 57,431,237

Associate’s Degree 1,258 440,219 18,586,866

Bachelor’s Degree 1,351 1,258,661 42,027,629

Graduate or Professional Degree 565 862,686 24,008,551

19,272 6,391,962 242,831,196

Virginia Employment Commission Page 40 of 46

Education ProfileBuchanan County

Buchanan County Education Profile

Educational Attainment (Population 18 years and over)

100% 20% 60% Graduate or Professional ™™ Degree im Bachelor’s Degree IM Associate’s Degree lim Some College Il High School Grad/GEO 40% ‘Some High School lim 8th Grade or Less 20% 0%

Buchanan County Virginia United States

Buchanan County United State: 8th Grade or Less 3,024 275,329 12,639,425 ‘Some High School 2,470 464,075 20,093,117 High School Grad/GED_ 6,709, 1,633,105 68,044,371 ‘Some College 3,895 1,457,887 57,431,237 Associate’s Degree 1,258 440,219 18,586,866 Bachelor’s Degree 1,351 1,258,661, 42,027,629 Graduate or Professional Degree 565 862,686 24,008,551

19,272 6,391,962 242,831,196

Source: U.S. Census Bureau ‘American Community Survey, 2011-2015.

Virginia Employment Commission Page 40 of 46

Educational Attainment by Age

18 - 24 25 - 34 35 - 44 45 - 64 65+ Total

8th Grade or Less 19 55 109 1,025 1,816 3,024

Some High School 185 222 278 1,171 614 2,470

High School Grad/GED 685 1,235 1,084 2,596 1,109 6,709

Some College 523 539 917 1,443 473 3,895

Associate’s Degree 142 240 252 496 128 1,258

Bachelor’s Degree 175 296 194 500 186 1,351

Graduate or Professional Degree 6 198 52 220 89 565

1,735 2,785 2,886 7,451 4,415 19,272

Source: U.S. Census Bureau American Community Survey, 2011-2015.

Virginia Employment Commission Page 41 of 46

Education ProfileBuchanan County

Buchanan County Education Profile

Educational Attainment by Age

100% 80% 60% 40% 20% 0%

18 024 25 to 34 35 to 44 65 years years years “eon and over

Graduate or Professional

™ Degree

Bachelor’s Degree

IM Associate’s Degree

mimi Some College

Ill High School Grad/GEO ‘Some High Schoo!

i 8th Grade or Less.

18-24 35-44 45-64 65+ Total 8th Grade or Less 19 109 1,025 1,816 3,024 ‘Some High School 185 222 278 Ay 614 2,470 High School Grad/GED. 685, 1,235 1,084 2,596 1,109 6,709 ‘Some College 523 539 917 1443 473 3,895 Associate’s Degree 142 240 252 496 128 1,258 Bachelor’s Degree 175 296 194 500 186 1,351 Graduate or Professional Degree 6 198 52 220 89. 565

1,735 2,785 2,886 7,451 4,415 19,272

Source: U.S. Census Bureau American Community Survey, 2011-2015.

Virginia Employment Commission Page 41 of 46

Educational Attainment by Gender

Source: U.S. Census Bureau American Community Survey, 2011-2015.

(Population 18 years and over)

Male Female Total

8th Grade or Less 1,711 1,313 3,024

Some High School 1,486 984 2,470

High School Grad/GED 3,466 3,243 6,709

Some College 1,887 2,008 3,895

Associate’s Degree 295 963 1,258

Bachelor’s Degree 634 717 1,351

Graduate or Professional Degree 243 322 565

9,722 9,550 19,272

Virginia Employment Commission Page 42 of 46

Education ProfileBuchanan County

Buchanan County Education Profile

Educational Attainment by Gender (Population 18 years and over)

100%

20% 60% Graduate or Professional ™™ Degree im Bachelor’s Degree IM Associate’s Degree lim Some College Il High School Grad/GEO 40% ‘Some High School lim 8th Grade or Less 20% 0%

Male Female Total 8th Grade or Less A711 1,313 3,024 ‘Some High School 1,486 984 2,470 High School Grad/GED 3,466 3,243 6,709 ‘Some College 1,887 2,008 3,895 Associate’s Degree 295 963, 1,258 Bachelor’s Degree 634 77 1,351 Graduate or Professional Degree 243 322 565

9,722 9,550 19,272

Source: U.S. Census Bureau ‘American Community Survey, 2011-2015.

Virginia Employment Commission Page 42 of 46

Educational Attainment by Race/Ethnicity

Less than high school diploma

High school grad, GED, or

alternative

Some college or associate’s

degree

Bachelor’s degree or

higher Total

Race

White 5,087 5,831 4,288 1,602 16,808

Black or African American 114 171 127 63 475

American Indian or Alaska Native 16 0 4 0 20

Asian 33 0 0 49 82

Native Hawaiian/Pacific Islander 0 0 0 0 0

Other 0 12 10 0 22

Multiple Races 40 10 59 21 130

Ethnicity

Hispanic or Latino (of any race) 9 29 4 0 42

5,299 6,053 4,492 1,735 17,579

(Population 25 years and over)

Source: U.S. Census Bureau American Community Survey, 2011-2015.

Virginia Employment Commission Page 43 of 46

Education ProfileBuchanan County

Buchanan County Education Profile

Educational Attainment by Race/Ethnicity

(Population 25 years and over)

100% 80% 60% Imi Bachelor’s degree or higher ‘Some college or associate’s 40% I degree High school graduate, GED, BM or alternative (li Less than high schoo! diploma 20% 0%

fy. Me a a Oe, %,

*e

Lessthan high graq, GED, or orsszociate’s degree or ERS OSS eS Race wie 3.087 351 288 Toa 46,808 Black or Aeon American 4 vi 27 3 a7 America naan or Alaska Watve 16 ° 4 0 20 Asian 3 ° o 3 e2 Native Hawaiian/Pacific Islander oO oO 0 0 o other o 2 7 0 2 vultpe Rases 70 7 39 2 730 Ethnicity Hispanic or Latino (of any race) 9 29 4 0 42

5,299 6,053 4,492 1,735 17,579

Source: U.S. Census Bureau American Community Survey, 2011-2015.

Virginia Employment Commission Page 43 of 46

Graduate Data Trends

Cert. <1 yr.

Cert. 1-2 yrs. Assoc.

Cert. 2-4 yrs. BA

Cert. Post-BA MA

Cert. Post-MA Ph.D.

1st Prof.

2006 113

2007 105

2008 67

2009 59

2010 172

2011 157

2012 156

2013 163

2016 39 108

Source: U.S. Department of Education, Institute of Education Sciences (IES).

Buchanan County

Cert. <1 yr.

Cert. 1-2 yrs. Assoc.

Cert. 2-4 yrs. BA

Cert. Post-BA MA

Cert. Post-MA Ph.D.

1st Prof.

2006 4,213 4,298 14,431 102 39,247 608 12,429 225 1,440 2,490

2007 4,478 3,686 15,519 116 40,381 650 12,781 252 1,516 2,626

2008 5,197 3,813 16,207 134 39,160 725 13,802 334 1,080 2,168

2009 6,259 4,587 17,179 85 40,233 756 15,445 300 925 2,064

2010 7,648 8,158 21,014 374 45,361 915 18,889 601 2,100 2,598

2011 6,972 12,557 24,306 473 49,109 1,055 20,697 727 2,329 2,658

2012 8,825 12,801 26,199 620 53,051 1,215 21,516 686 2,095 3,298

2013 8,153 12,179 25,854 484 54,778 1,067 22,782 706 2,230 2,963

2016 8,643 11,912 25,125 608 61,852 2,032 24,717 640 2,328 2,931

Virginia Statewide

Note: This table only reflects degrees completed from institutions within Buchanan County

you can search over 2,300 school listings online provided by the U.S. Department of Education?

For this data and more, visit us on the web at:

www.VirginiaLMI.com

Did you know…

Virginia Employment Commission Page 44 of 46

Education ProfileBuchanan County

http://www.virginialmi.com/ Buchanan County Education Profile

Graduate Data Trends

Buchanan County

cert. MA _Post-MA 2006 113 2007 105 2008 7 2009 59 2010 72 2011 157 2012 156 2013 163 2016 39 108

Note: This table only reflects degrees completed from institutions within Buchanan County

Virginia Statewide

2006 14,431 2007 3,686 15,519 12,781 252-1516 2,626 2008 3,813 16,207 13,802 334 1,080 2,168, 2009 4,587 17,179 85 40,233 15,445 300 925 2,064 2010 8158 21,014 374 45,361 18,889 601-2100 2,598 2011 12,557 24,306 473 49,109 20,697 772,329 2,658 2012 12,801 26,199 620__53,051 21,516 686 2,095 3,298 2013 12,179 25,854 484_54,778 22,782 706 2,230 2,963 2016 11,912 25,125 608 61,852 24717 640 —2,328 2,931

Source: U.S. Department of Education, Institute of Education Sciences (TES).

Did you know…

you can search over 2,300 school listings online paler

Provided by the U.S. Department of Education? For this data and more, visit us on the web at: FE www.VirginiaLMI.com &S

Virginia Employment Commission Page 44 of 46

Training Providers

Mountain Empire Community College

3441 Mountain Empire Road

Big Stone Gap, VA 24219

Phone: (276) 523-2400

http://www.mecc.edu

Number of 2016 graduates: 756

Southwest Virginia Community College

369 College Road Us Rt. 19, 6

Richlands, VA 24641

Phone: (276) 964-2555

http://sw.edu

Number of 2016 graduates: 718

The University of VA’s College at Wise

1 College Avenue

Wise, VA 24293

Phone: (276) 328-0100

http://https://www.uvawise.edu/

Number of 2016 graduates: 312

Bluefield College

3000 College Avenue

Bluefield, VA 24605

Phone: (276) 326-3682

http://www.bluefield.edu

Number of 2016 graduates: 258

Virginia Employment Commission Page 45 of 46

Education ProfileBuchanan County

http://www.mecc.edu/ http://sw.edu/ http://https//www.uvawise.edu/ http://www.bluefield.edu/ Buchanan Count Education Profile

Training Providers

Mountain Empire Community College 3441 Mountain Empire Road

Big Stone Gap, VA 24219

Phone: (276) 523-2400 http://www.mecc.edu

Number of 2016 graduates: 756

Southwest Virginia Community College 369 College Road US Rt. 19, 6 Richlands, VA 24641.

Phone: (276) 964-2555

http://sw.edu

Number of 2016 graduates: 718

‘The University of VA’s College at Wise 1 College Avenue

Wise, VA 24293,

Phone: (276) 328-0100 http://https://www.uvawise.edu/

Number of 2016 graduates: 312,

Bluefield College 3000 College Avenue

Bluefield, VA 24605

Phone: (276) 326-3682 http://www.bluefield.edu Number of 2016 graduates: 258

Virginia Employment Commission Page 45 of 46

Source: U.S. Department of Education, Institute of Education Sciences (IES), 2016.

Appalachian School of Law

1169 Edgewater Drive

Grundy, VA 24614

Phone: (276) 935-4349 ext. 1231

http://www.asl.edu

Number of 2016 graduates: 82

Virginia Employment Commission Page 46 of 46

Education ProfileBuchanan County

http://www.asl.edu/ Buchanan Count Education Profile

Appalachian School of Law

1169 Edgewater Drive Grundy, VA 24614

Phone: (276) 935-4349 ext. 1231

http://www.asledu Number of 2016 graduates: 82

Source: U.S. Department of Education, Institute of Education Sciences (IES), 2016.

Virginia Employment Commission Page 46 of 46

Cover Page
Table of Contents
I. Introduction
II. Demographic Profile
          Population by Age
          Population by Race/Ethnicity
          Population by Gender
          Population Change
          Population Projections by Age and Gender
          Population Projections by Race/Ethnicity
          English Language Skills
          Commuting Patterns
               In-Commuting / Out-Commuting
III. Economic Profile
          Unemployment Rate Trends
          Unemployment Rate (Past 12 Months)
          Characteristics of the Insured Unemployed
               Claimants by Industry
               Claimants by Occupation
          Unemployment Insurance Payments Trends
          Unemployment Insurance Payments (Past 12 Months)
          Employers by Size of Establishment
          50 Largest Employers
          Employment by Industry
          New Startup Firms
          New Hires by Industry
          Turnover by Industry
          Average Weekly Wage by Industry
          Age of Workers by Industry
          Industry Employment and Projections (Long Term)
          Industry Employment and Projections (Short Term)
          Occupation Employment and Projections (Long Term)
          Occupation Employment and Projections (Short Term)
          Growth Occupations
          Declining Occupations
          Consumer Price Index (CPI)
          Local Option Sales Tax
IV. Education Profile
          Educational Attainment
          Educational Attainment by Age
          Educational Attainment by Gender
          Educational Attainment by Race/Ethnicity
          Graduate Data Trends
          Training Providers
^ Back to top of page.