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Business Data

Sources of Labor

Young people graduating from high school, college, and other training and entering the labor force are the largest continuing source of labor for the long term. In the Richmond MSA there are more than 14,000 high school graduates each year and the area's institutions of higher education confer more than 12,000 post-secondary degrees each year.

Source of Labor
Area public high school graduates, 2009-2010 14,440
Going on to 4-year college 6,574
Going on to 2-year college 4,115
Going on to other training 1,380
Not continuing education 2,371
Area post-secondary degrees conferred, 2009 12,084
Associates 2,255
Bachelor's 5,557
Degrees beyond Bachelor's 4,272
Commuters out of MSA 28,612
Downsizing, 2009-2010 7,730
Net migration, 2000-2010 103,211
Underemployment, Q3 2011 55,523
Unemployment, December 2011 44,493
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