Average weekly wages rise in Henrico
The average weekly wage in Henrico County rose 6.3 percent from the first quarter of 2010 to the first quarter of 2011 – the steepest increase among Virginia’s 12 largest counties.
Among Virginia localities with at least 75,000 workers, Virginia Beach City ranked second in the rate of wage growth at 5.8 percent, followed by Richmond City at 4.9 percent.
According to a report issued by the U.S. Bureau of Labor Statistics, the average weekly wage across the nation rose 5.2 percent from early 2010 to the first quarter of 2011. Peoria, Ill., led the nation in average weekly wage growth with an increase of 18.9 percent from the first quarter of 2010. Santa Clara, Calif., was second with a gain of 12.4 percent, followed by the counties of Macomb, Mich. (12.0 percent), Clayton, Ga. (11.9 percent), and Wayne, Mich. (11.3 percent).
Henrico’s rate of wage increase placed it 51st nationwide.
Wages exceed national average
Henrico also was one of six large counties in Virginia with average weekly wages in the top fifth of all large counties nationwide. Arlington, Alexandria City, Fairfax, Loudoun, Richmond City and Henrico were the only large counties in Virginia to record average wages above the national average of $935.
Arlington County had the highest average weekly wage among the 12 largest counties in the Commonwealth at $1,549, followed by Fairfax County ($1,479) and Alexandria City ($1,226).
Henrico’s average weekly wage of $1,027 topped that of neighboring Chesterfield County ($830, with a rate of increase of 4.1 percent) by almost $200.
John Vithoulkas, Henrico’s director of finance, noted that the wage gains were positive in almost all categories, although the finance/insurance and company/enterprise management industries – traditionally higher-paying fields – were among the top performers.
The county also ranked 139 among the nation’s 323 largest counties in employment growth with an increase of 1.2 percent over the same quarter last year – just under the national employment rate gain of 1.3 percent.
Across the nation, the largest percentage gain of the year in employment was recorded in Elkhart County, Ind. at 6.2 percent.
Among the 12 largest counties in Virginia, employment was highest in Fairfax County (572,900), the only county in the Commonwealth with employment above 200,000. Employment growth in Prince William (4.3) and Loudoun (4.2) counties also ranked among the top ten in the nation.
Henrico reported an employment total of 171,500, while Chesterfield reported a workforce of 113,000, a gain of 0.8 percent.
As with the wage gains, Vithoulkas greeted the employment figures with enthusiasm.
“We’re very pleased with these numbers,” said Vithoulkas. “But the important thing to keep in mind is how we’re doing over time. Is there general improvement in the county?”
While county staff are happy to see positives in the quarter-to-quarter numbers, Vithoulkas emphasized, “What we’re really looking for is sustainable job growth . . . That sustainability is really an indication of the overall economy that we’re reliant on.”
The key thing to keep in mind, he added, is that Henrico has consistently enjoyed an above-average economy, whether viewed in the short term or over time.
“One of the themes you will see in any economic crisis we’ve seen,” Vithoulkas pointed out, “is that Henrico County has outperformed the state, and the state has outperformed the nation.”
An examination of the U.S. Bureau of Labor Statistics reports from 2007 – what might be considered the last pre-recession or relatively “normal” economic year – confirm Vithoulkas’ statements about the county’s performance over time.
In the 2007 report, wage gains in Henrico County led the list of those in Virginia’s 12 largest localities, in addition to ranking Henrico 16th in the nation.
In the first quarter of that year, the average weekly wage in Henrico increased by 7.7 percent when compared with the same quarter in 2006.
Employees in Henrico earned an average of $1,008 per week during the first three months of 2007; only nine state localities ranked higher, and only one of those (Fairfax County) had a higher employment population than Henrico’s 178,530. The national average weekly wage during the first quarter of 2007 was $885.
Since then, two of the Fortune 1000 companies that were headquartered in Henrico – Circuit City and LandAmerica Financial – have dissolved, and MeadWestvaco has moved to a new permanent location in downtown Richmond. That leaves Brinks Co., Genworth Financial, Altria and Markel Corporation as the remaining Fortune 1000 companies
with Henrico headquarters.
Citizen Staff Reports 12/22/2014
Henrico residents can recycle their Christmas trees after the holidays at one of several locations in the county.
From Dec. 26 through Jan. 11, trees will be accepted at the following spots:
• Springfield Road Landfill Public Use Area, near Nuckols Road and I-295 – open from 7:30 am to 7 pm daily, except holidays;
• Charles City Road Landfill Public Use Area – 7:30 am to 7 pm daily, except holidays; > Read more.
Citizen Staff Reports 12/15/2014
CVWMA curbside recycling collection and trash collections will have a one day delay in collections Dec. 25-26 and Jan. 1-2. There will be no collections on Dec. 25 or Jan. 1.
Curbside recycling collections Monday through Wednesday will be on regular schedule. Red Thursday and Red Friday curbside recyclers will have a one day delay in collection services Dec. 25-26. Blue Thursday and Blue Friday curbside recyclers will have one day delay in collection services Jan. 1-2. Containers should be placed at the curb by 7 a.m. on collection day. All Friday collections will take place on Saturday. > Read more.
Mothers Against Drunk Driving (MADD) will host a candlelight vigil of remembrance and hope Tuesday, Dec. 2 at 7 p.m. at the University of Richmond, outside the Cannon Chapel. The public is invited to attend and join MADD to honor victims of impaired driving crashes, while helping to remind the community to be safe during the holidays. > Read more.
‘Jingle All the Way 2’ is expectedly flawed
Was anyone asking for an extra-large helping of Larry the Cable Guy this Christmas? If so, you can thank Santa Claus for Jingle All the Way 2.
If not, you can be like the rest of us and curse Santa for his folly in creating such a film. Santa, we neither wanted nor needed this.
A follow-up to the much-derided 1996 Christmas film Jingle All the Way, Jingle All the Way 2 isn’t so much a sequel as it is an odd kind of remake, offering a few original twists on the original’s dad-vs-dad holiday showdown, but also copying large chunks of the original without alteration. > Read more.
Find out how your favorite dining establishments fared during their most recent inspections by the Virginia Department of Health. > Read more.
Several holiday performances take place this weekend in Henrico including “It’s a Wonderful Life” and Theatre IV on Tour’s “’Twas the Night Before Christmas” – both at The Cultural Arts Center at Glen Allen. The Central Virginia Masterworks Chorale will perform Vivaldi’s “Gloria” at River Road Church, Baptist and the Virginia Repertory Theatre will present “Santa’s Christmas Miracle” at the Children’s Theatre at Willow Lawn. A fun annual tradition, now in its 14th year, will be at SkateNation Plus in Short Pump – Chabad of Virginia’s Chanukah on Ice. For all our top picks this weekend, click here! > Read more.
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