2016 Economic Review - Workforce WVlmi.workforcewv.org/EconomicReview/WV_Economic_Review_2016.pdf · 112 California Avenue Charleston, WV 25305 Research, Information and Analysis

112 California Avenue Charleston, WV 25305

Research, Information and Analysis P.O. Box 428, Charleston, WV 25322‐0428

Telephone (304) 558‐2660 ~ Fax (304) 558‐1343

2016 Economic Review

State Economic Activity

West Virginia’s total nonfarm payroll employment declined 9,200 between 2015 and 2016, a

loss of 1.2 percent. The number of individuals in the labor force who were employed or actively seeking

employment climbed 300 during the same period. The number of unemployed declined 5,900 between

2015 and 2016, rendering an unemployment rate of 6.0 percent, down eight‐tenths of a percentage

point from 2015.

Over‐the‐year losses for the state totaled 9,200, with declines of 8,900 in the goods‐producing

sector and 200 in the service‐providing sector. Employment losses included 5,700 in mining and logging,

2,400 in construction, 1,000 in manufacturing, 2,100 in trade, transportation and utilities, 300 in

financial activities, 1,600 in professional and business services, and 700 in other services. Employment

gains included 1,200 in education and health services, 100 in leisure and hospitality, and 3,200 in

government. Employment in information was unchanged over the year.

In 2015. 18 West Virginia counties recorded an unemployment rate lower than the state rate of

6.8 percent. The state unemployment rate declined to 6.0 percent in 2016, and the number of counties

recording an unemployment rate lower than the state rate rose to 21. Counties with double‐digit

unemployment rates in 2016 included Calhoun (12.6), Mingo (12.5), McDowell (12.1), Clay (10.2), Logan

(10.1), Roane (10.1), and Wyoming (10.1). Counties recording an unemployment rate below 4.0 percent

included Pendleton (3.9), Berkeley (3.8), and Jefferson (3.3).

Unemployment rates declined in all seven workforce investment areas between 2015 and 2016.

Workforce Investment Area 1 had the highest unemployment rate at 7.2 percent, while Workforce

Investment Area 7 had the lowest unemployment rate at 4.1 percent. Other unemployment rates

included Workforce Investment Area 2 (6.5), Workforce Investment Area 3 (5.4), Workforce Investment

Area 4 (6.9), Workforce Investment Area 5 (7.0), and Workforce Investment Area 6 (5.7).

For the fifth consecutive year, average annual employment in West Virginia measured by the

Quarterly Census of Employment and Wages (QCEW) declined. Employment fell 11,079 (‐1.6%) to

686,644 in 2016 from the 2015 level of 697,723. Losses occurred in Natural Resources and Mining (‐

5,632), Construction (‐2,523), Manufacturing (‐950), Trade, Transportation and Utilities (‐1,720),

Financial Activities (‐379), Professional and Business Services (‐1,249), and Other Services (‐394).

Employment gains included Information (+133), Education and Health Services (+704), Leisure and

Hospitality (+160), and Government (+771). West Virginia workers experienced a decline in wages of $60

from $41,655 in 2015 to $4,595 in 2016. According to the U.S. Bureau of Labor Statistics, the average

wage increased $745 at the national level between 2015 and 2016.

West Virginia’s per capita personal income grew by $83 (0.23%) during 2016. Per capita personal

income in the state stood at $36,541 in 2015 and grew to $36,624 in 2016. The U.S. income for the same

period grew by $795 (1.6%) to $49,246. Of the state’s 55 counties, 15 recorded per capita personal

income exceeding the statewide average in 2015. Those counties included Marshall ($36,617), Lewis

($36,621), Berkeley ($36,950), Brooke ($37,261), Cabell ($38,287), Hancock ($38,290), Pleasants

($38,674), Marion ($39,007), Wood ($39,276), Monongalia ($41,429), Putnam ($41,923), Harrison

($43,898), Kanawha ($43,980), Jefferson ($44,834), and Ohio ($48,687).

The West Virginia 2016 estimate of population provided by the U.S. Census Bureau indicates the

state was home to 1,831,102 inhabitants. This represents a decline ( ‐0.54%) of 9,951 residents over the

year, or just over one‐half of a percentage point. Of the state’s 55 counties, Berkeley saw the greatest

increase in population, adding 1,890 residents. Other counties with notable population gains included

Monongalia (+631), Jefferson (+169), Putnam (+142), and Morgan (+109). Kanawha County suffered the

largest decline in population, losing an estimated 1,966 residents. Other counties with substantial

population declines included Raleigh (‐832), Logan (‐814), Cabell (‐666), Wood (‐611), and Mingo (‐602),

Ohio County ($48,687) had the highest per capita personal income of all West Virginia counties in 2015. The remaining counties in the top ten per capita personal income category were Jefferson ($44,834), Kanawha ($43,980), Harrison ($43,898), Putnam ($41,923), Monongalia ($41,429), Wood ($39,276), Marion ($39,007), Pleasants ($38,674), and Hancock ($38,290).

Greenbrier County had the greatest growth rate in per capita personal income between 2014 and 2015, at 6.5 percent, followed by Hancock (4.8), Wirt (4.3), Randolph (4.3), Hampshire (4.2), Pleasants (4.1), Logan (4.1), Tyler (4.0), Roane (4.0), and Braxton (3.9). Five counties suffered declining per capita personal income: Calhoun (‐2.9), Gilmer (‐1.5), Mingo (‐0.5), Hardy (‐0.4), and Wyoming (‐0.3).

Statewide, the gain in per capita personal income in 2015 was 2.7 percent. Per capita personal income in the U.S. improved by 3.7 percent in 2015.

5

Nonfarm Payroll Employment

In 2016, West Virginia’s total nonfarm payroll employment was dominated by government

(21%), trade, transportation and utilities (18%), and education and health services (17%).

3%4%

6%

18%

1%

4%

9%

17%

10%

7%

21%

Total Nonfarm Payroll EmploymentAnnual Averages 2016

Mining and logging

Construction

Manufacturing

Trade, transportation, and utilities

Information

Financial activities

Professional and business services

Education and health services

Leisure and hospitality

Other services

Government

Jefferson County (3.3) reported the lowest annual average unemployment rate in the state in 2016. Counties with unemployment rates below 4.0 percent included Pendleton (3.9), Berkeley (3.8), and Jefferson (3.3).

Calhoun County (12.6) reported the highest annual average unemployment rate in the state. Counties with an unemployment rate above 10.0 percent in 2016 included Wyoming (10.1), Roane (10.1), Logan (10.1), Clay (10.2), McDowell (12.1), Mingo (12.5), and Calhoun (12.6).

Between 2015 and 2016, 50 counties reported declining unemployment rates, while only five recorded increasing unemployment rates.

2016 Annual Average Wage by County

In 2016, Marshall County reported the highest annual average wage in the state at $49,231, followed by

Monongalia at $48,074, Putnam at $47,615, Pleasants at $46,631, Harrison at $45,759, Tyler at $45,344,

Kanawha at $45,211, Doddridge at $44,532, Wayne at $42,448, and Mason at $41, 876. The five

counties with the lowest average annual wage in 2016 included Hampshire ($30,929), Pocahontas

($30,759), Summers ($30,377), Pendleton ($30,199), and Wirt ($29,276).

The five counties with the largest growth in employment between 2015 and 2016 were Berkeley (+503),

Jefferson (+344), Putnam (+303), Monongalia (+251), and Hardy (+214). The five counties with the

largest employment declines were Kanawha (‐1,475), Raleigh (‐1,245), Boone (‐988), Wood (‐908), and

Marion (‐885).

Rank Name1 WVU Medicine (formerly West Virginia United Health System)2 Wal-Mart Associates, Inc.3 Charleston Area Medical Center, Inc. 4 Kroger 5 Mylan Pharmaceuticals, Inc.6 Lowe's Home Centers, Inc.7 St. Mary's Medical Center, Inc.8 Cabell Huntington Hospital, Inc.9 Wheeling Hospital, Inc.

10 Res-Care, Inc.11 West Virginia's Choice, Inc.12 American Electric Power12 Mentor Management, Inc. (Mentor Network, The)14 Frontier West Virginia, Inc.15 Murray American Energy, Inc.16 Pilgrim's Pride Corporation of West Virginia, Inc.17 Thomas Health System18 FirstEnergy Corp19 Rite Aid of West Virginia, Inc.20 Monongalia General Hospital21 PNGI Charles Town Gaming, LLC22 Macy's Corporate Services, Inc.23 Dolgencorp, LLC (Dollar General Stores) 24 Little General Store, Inc.25 Bob Evans Farms, Inc.26 Greenbrier Hotel Corporation27 AT&T / DirecTV28 Manpower of WV, Inc.29 Asplundh Tree Expert Company30 Quad Graphics, Inc.31 Go-Mart, Inc.32 Dominion Transmission, Inc.33 Weirton Medical Center34 Toyota Motor Manufacturing, West Virginia, Inc.35 K Mart Corporation36 Gino's/Tudors Biscuit World37 United Parcel Service, Inc. (WV District)38 Blackhawk Mining, LLC39 Ohio Valley Medical Center, Inc.40 Gabriel Brothers, Inc.41 Constellium Rolled Products Ravenswood, LLC42 Alliant Techsystems Operations, LLC43 GMRI, Inc.44 BB&T Corporation45 West Virginia CVS Pharmacy, LLC46 Mountaineer Park, Inc.47 McDonalds Restaurants of West Virginia, Inc.48 Arch Coal, Inc.49 Chemours Company FC, LLC50 University Physicians & Surgeons, Inc.

THE 100 LARGEST PRIVATE EMPLOYERS IN WEST VIRGINIAMarch 2016

Rank Name

THE 100 LARGEST PRIVATE EMPLOYERS IN WEST VIRGINIAMarch 2016

51 Food Lion, LLC52 ERP Compliant Fuels, LLC53 United Bank, Inc.54 Raleigh General Hospital, LLC55 Cracker Barrel Old Country Store56 Cabela's Wholesale, Inc.57 Appalachian Regional Healthcare, Inc.57 ArcelorMittal USA, Inc.59 Simonton Industries, Inc.60 Homer Laughlin China Company, The61 Advance Stores Company, Inc.62 Universal Cable Holdings, Inc. (Suddenlink)63 Wesbanco Bank, Inc.64 NiSource-Columbia Gas Transmission Corporation65 Employee Resource Group, LLC66 FedEx Corporation67 Davis Memorial Hospital67 Elk Run Coal Company, Inc. (Black Castle Mining Company)69 Huntington Alloys Corporation70 BFS Foods, Inc.71 Prestera Center for Mental Health Services, Inc.72 Snowshoe Mountain, Inc.73 American Woodmark Corporation74 7-Eleven Stores, Inc.75 Highmark West Virginia, Inc. (Mountain State Blue Cross and Blue Shield)76 TRG Customer Solutions, Inc.77 E I DuPont De Nemours & Company78 Home Depot USA, Inc.79 J C Penney Corporation, Inc.80 Speedway, LLC81 Alcon Research, Ltd.82 Alpha Natural Resources Co.83 City National Bank of West Virginia84 Family Dollar Stores of West Virginia, Inc.85 Logan General Hospital, LLC85 MedExpress Urgent Care, Inc. - West Virginia87 Pleasant Valley Hospital, Inc.88 Armstrong Hardwood Flooring Company89 Loved Ones In-Home Care, LLC90 Echosphere, LLC90 OS Restaurant Services, Inc.92 American Public University System, Inc.92 Target Corporation94 Healthsmart Benefit Solutions, Inc. / Wells Fargo95 Panhandle Support Services, Inc.96 Racing Corporation of West Virginia96 Wheeling Island Gaming98 Northwood Health Systems, Inc.99 Greenbrier Minerals, LLC

100 Amedisys Holding, LLCWorkForce West Virginia

Research, Information and AnalysisSeptember 2016

15

Workforce Development Area 1 Fayette, Greenbrier, Nicholas, McDowell, Mercer, Monroe, Pocahontas,

Raleigh, Summers, Webster, Wyoming

❖ Highest average annual unemployment rate (7.2%) in 2016 among the seven workforce

development areas.

❖ Average employment fell 3,413 (3.3%) to 99,549 during 2016.

❖ Average annual wage declined by $741 (-2.0%) to $35,905, the largest average wage decline

among the seven workforce development areas in 2016.

❖ Greatest population loss (-3,720) among the workforce development areas.

❖ Top three private employers in 2016: Wal-Mart, Greenbrier Hotel Corporation, Raleigh General

Hospital.

Mining and logging

4%

Construction3%

Manufacturing4%

Trade, transportation, and

utilities18%

Information1%


3%


7%


16%


12%

Other services9%

Government23%

EMPLOYMENT BY INDUSTRY

16

Workforce Development Area 2 Boone, Cabell, Lincoln, Logan, Mingo, Putnam, Wayne

❖ Average annual unemployment rate of 6.5%, ranking fourth-highest among the workforce

development areas.

❖ Average annual wage fell $8 in 2016 to $42,081.

❖ Average employment fell 2,576 (-2.5%) to 102,526.

❖ Population decline of 2,968, the second-greatest loss among the workforce development areas

experiencing population losses in 2016.

❖ Top three private employers in 2016: St. Mary’s Medical Center, Cabell Huntington Hospital, Wal-

Mart.

Mining and logging

3%

Construction5%

Manufacturing7%

Trade, transportation,

and utilities20%

Information1%


3%

Professional and business

services9%


18%


9%

Other services6%

Government19%


17

Workforce Development Area 3 Kanawha

❖ Average annual unemployment rate of 5.4% was second-lowest among workforce development

areas.

❖ Population loss of 1,966 was third-highest among six workforce development areas experiencing

population declines.

❖ Average annual employment fell 1,439 to 101,566 in 2016.

❖ Average annual wage for 2016 ranked first among workforce development areas at $45,255,

climbing $256 from 2015.

❖ Top three private employers in 2016: Charleston Area Medical Center, Thomas Health System,

Wal-Mart.

Non-Disclosure5%Construction

4%


utilities16%

Information1%


6%


services12%


19%


9%

Other services8%

Government20%


18

❖ Average annual unemployment rate of 6.9% ranked third-highest among the workforce

development areas.

❖ Average annual wage rose $122 in 2016 to $38,572.

❖ Average annual employment fell 1,188 (-1.9%) to 62,283 in 2016.

❖ Population decline of 1,327 was second-smallest loss among five workforce development areas

experiencing declines in population.

❖ Top three private employers in 2016: WVU Medicine, Wal-Mart, Constellium Rolled Products

Ravenswood LLC.

Mining and logging

2%

Construction4%

Manufacturing9%


utilities20%

Information1%


4%


6%


16%


10%

Other services8%

Government20%


Workforce Development Area 4 Calhoun, Clay, Jackson, Mason, Pleasants, Roane, Ritchie, Wirt, Wood

19

❖ Average annual unemployment rate of 7.0% was second-highest among the workforce

development areas.

❖ Average annual wage fell $81 to $40,357 in 2016.

❖ Average annual employment fell 1,129 to 63,815 in 2016.

❖ Population decline of 1,489 in 2016.

❖ Top three private employers in 2016: Wheeling Hospital, Wal-Mart, Murray American Energy.

Mining and logging

3%

Construction3%

Manufacturing10%


utilities17%

Information1% Financial

activities3%


services8%


19%Leisure and

hospitality11%

Other services10%

Government15%


Workforce Development Area 5

Brooke, Hancock, Marshall, Ohio, Tyler, Wetzel

20

Workforce Development Area 6 Barbour, Braxton, Doddridge, Gilmer, Harrison, Lewis, Marion,

Monongalia, Preston, Randolph Taylor, Tucker, Upshur

❖ Average annual unemployment rate of 5.7% was third-lowest among the workforce development

areas.

❖ Average annual wage rose $53 to $42,888, the second-highest wage among the workforce

development areas.

❖ Average annual employment fell 1,333 to 158,162.

❖ Population loss of 434 was smallest among all workforce development areas experiencing

population declines.

❖ Top three private employers in 2016: WVU Medicine, Mylan Pharmaceuticals, Wal-Mart.

Mining and logging

3% Construction5%

Manufacturing5%

Trade, transportation,

and utilities17%

Information1%


3%


services8%


18%


10%

Other services6%

Government24%


21

❖ Average annual unemployment rate of 4.1% was lowest among the seven workforce development

areas.

❖ Average annual wage climbed $760 (+2.0%) to $38,650 in 2016, the highest wage growth among

the workforce development areas.

❖ The only workforce development area to experience growth (+1,068) in annual average

employment in 2016, climbing to 73,978.

❖ Population gain of 1,953 was the sole population increase among the workforce development

areas in 2016.

❖ Top three private employers in 2016: WVU Medicine, Pilgrim’s Pride, PNGI Charles Town Gaming.

Mining and logging

0%

Construction3%

Manufacturing9%


utilities19%

Information3%


3%


services7%


13%


12%

Other services6%

Government25%


Berkeley, Grant, Hampshire, Hardy, Jefferson, Mineral, Morgan, Pendleton

Workforce Development Area 7

22

Endnotes

Definitions. GDP by state is the state counterpart of the Nation's gross domestic product (GDP),

the Bureau's featured and most comprehensive measure of U.S. economic activity. GDP by state

is derived as the sum of the GDP originating in all the industries in a state.

The statistics of real GDP by state are prepared in chained (2009) dollars. Real GDP by state is

an inflation-adjusted measure of each state's gross product that is based on national prices for the

goods and services produced within that state. The statistics of real GDP by state and of quantity

indexes with a reference year of 2009 were derived by applying national chain-type price indexes

to the current-dollar values of GDP by state for the 64 detailed NAICS-based industries for 1997

forward.

The chain-type index formula that is used in the national accounts is then used to calculate the

values of total real GDP by state and of real GDP by state at more aggregated industry levels.

Real GDP by state may reflect a substantial volume of output that is sold to other states and

countries. To the extent that a state's output is produced and sold in national markets at relatively

uniform prices (or sold locally at national prices), real GDP by state captures the differences

across states that reflect the relative differences in the mix of goods and services that the states

produce. However, real GDP by state does not capture geographic differences in the prices of

goods and services that are produced and sold locally.

Acknowledgement

o US Bureau of Economic Analysis

o US Energy Information Administration

o US Census Bureau

o US Department of Labor, Bureau of Labor Statistics

o US Department of Labor, Employment and Training Administration

o WorkForce West Virginia Research, Information and Analysis

o Current Employment Statistics

o Local Area Unemployment Statistics

o Occupational Employment Statistics

o Quarterly Census of Employment and Wages

This publication is produced under an annual

labor market information grant from the

Employment and Training Administration, US

Department of Labor; employment and

unemployment data are derived from core

statistical programs funded under annual

cooperative agreements with the Bureau of

Labor Statistics, US Department of Labor.

The material contained in this publication is

in the public domain and may be reproduced

without special permission.

Documents

2016 Economic Review - Workforce WVlmi.workforcewv.org/EconomicReview/WV_Economic_Review_2016.pdf · 112 California Avenue Charleston, WV 25305 Research, Information and Analysis