Lynchburg Metro Area Industry Wages Lag Behind Virginia, and Wages Lag Behind the United States Industry Wages

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Wages in all industries in Lynchburg, VA when analyzed can be described as medium-low when analyzed with other Metro Areas in the United States. The overall wages are 22.5 percent lower than the with an state average of $42,126. The average pay was less than the industry average in the US of $40,259.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Lynchburg Five-Year Industry Employment Change

In the Lynchburg, VA metro area, the aggregate employment for all industry sectors has increased by 738 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in the Lynchburg Metro Area

Of the area's industries (4-digit NAICS), the Gasoline stations industry witnessed the largest drop in employment, losing a total of 123 jobs during the time period. The jobs lost in the Gasoline stations industry make up 96.1 percent of the jobs lost during the period in Lynchburg, VA.

Top 3 Industries
1. Gasoline stations (123 jobs lost)
2. Elementary and secondary schools (4 jobs lost)
3. Offices of dentists (1 jobs lost)

Total Five-Year Employment Growth in the Lynchburg Metro Area

Out of the 4-digit NAICS industries, the Building foundation and exterior contractors industry has brought the most jobs with a total of 237 total jobs brought in during the period. The growth in the Building foundation and exterior contractors industry makes up 77.7 percent of the total employment growth in Lynchburg.

Top 3 Industries
1. Building foundation and exterior contractors (237 new jobs)
2. Other professional and technical services (57 new jobs)
3. Legal services (11 new jobs)

Out of the 6 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 3 showed an escalation in the number employed, while 3 industry sectors reported declines during the time period.

The Lynchburg Metro Area: Five-Year Percentage Decline in Employment

The Gasoline stations industry has lost the biggest percent of jobs, losing 9.9 percent of the jobs from 2001 to 2006. These have declined faster than the industry has experienced in the State of Virginia, where the industry sector experienced a loss of 6.1 percent. The losses in the Gasoline stations industry in Lynchburg outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 6.4 percent in terms of employment in the Gasoline stations industry.

Top 2 Industries
1. Gasoline stations (9.9 percent decline)
2. Elementary and secondary schools (2.6 percent decline)

Employment for all industries has increased by 0.9 percent from 2001 (2nd Quarter). These figures are less than percent in the State of Virginia, which experienced a gain of 5.2 percent since the 2nd Quarter of 2001. The gains in the area were less than than the gain reported at the US level of 2.6 percent.

The Lynchburg Metro Area: Five-Year Percentage Growth in Employment

The Building foundation and exterior contractors industry has seen the largest percentage job growth, expanding by 19.6 percent from 2001 to 2006. This industry in Lynchburg has expanded faster than the industry job growth experienced in Virginia, where the industry felt a gain of 14.6 percent. The Building foundation and exterior contractors industry in Lynchburg lagged behind the national average, which felt a gained 20.8 percent in this industry.

Top 3 Industries
1. Building foundation and exterior contractors (19.6 percent gain)
2. Other professional and technical services (17.1 percent gain)
3. Legal services (2.8 percent gain)