Virginia Job Seeker Market
Virginia has an economy that is highly diversified and one of the most successful in the country. The below industries in Virginia are propelling that success:
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Agriculture: By far the largest sector of the economy, agriculture creates hundreds of thousands of jobs. The most commonly farmed crops are tobacco, grains, corn, peanuts, and cotton. Other prominent agricultural subsets include wine production, horse and cattle breeding, and aquaculture, including numerous fisheries.
Aerospace: There are over 200 aerospace firms currently operating in Virginia. They employ more than 30,000 workers at well-known companies like Lockheed Martin, Raytheon, Orbital Sciences and Boeing.
Mining: There are over 400 mines covering 17,000 acres, which produce a wide array of resources, including stone, cement, gravel, and sand. Also mined are minerals like gold, copper, arsenic, manganese, and iron.
Technology: Nanotechnology and biotechnology are now integral facets of the present economy of Virginia. Combined, they contribute billions of dollars to the local economy annually, with computer chips representing the state's most profitable export.
Military: The U.S. Armed Forces round out the top five industries in Virginia, with several major military centers. Coupled with one of the country's largest naval bases in Norfolk, a leading marine training facility in Quantico, and CIA headquarters in Langley, some of the most well-known military installations dwell here.
In addition to diversification in industries, Virginia's dynamic cities offer many opportunities to job seekers:
Richmond is a city that job seekers might find luck in. Many people move to Richmond, VA because of the great job market. With a total of six Fortune 500 companies located in the city and a number of big businesses and government entities, Richmond is the kind of place where you'll find a large concentration of opportunities in one easy location — especially if you're focusing on downtown Richmond. The three major Richmond industries are law, finance, and government, with further offshoots into bio-science and technology. The six Fortune 500 companies settled here are tobacco giant Altria Group, energy company Dominion Resources, used car retailer CarMax, insurance and retirement provider Genworth Financial, medical and surgical supplier Owens & Minor, and packaging company MeadWestvaco.
Top employers in Richmond include:
> Capital One Financial Corp
> Multiple health systems (including VCU Health System, HCA Virginia Health System, and Bon Secours Richmond Health System)
> Dominion Resources Inc.
> SunTrust Banks Inc.
> Altria Group Inc.
> Food Lion
> Wells Fargo & Co.
Herndon is another great city for job seekers that has many defense and technology companies. Herndon's top employers include technology companies such as Exelis Inc. as well as financial businesses such as Score Association and Booz Allen Hamilton Inc.
Arlington is a great city for job seekers as there are plenty of jobs in the federal and local government, and Arlington also has many private-sector jobs at top employers such as Deloitte, Accenture and Lockheed Martin. For more cities that are favorable to job seekers, see this report from NerdWallet.
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