| Loudoun County: Where the jobs are
Virginia Business
September 2004
The
hottest local economies in Virginia are leading the
nation as well. Loudoun County tied with Clark County,
Nev., for the largest growth in employment from December
2002 to December 2003, according to a recent report
from the U.S. Bureau of Labor Statistics.
In Loudoun, the number of jobs gained surge by 5.2 percent
— compared to zero job rate growth for the nation.
Two other Virginia localities also ranked high. Prince
William County finished 3rd with a 5.1 percent growth
rate, and the city of Chesapeake was 8th at 4.2 percent.
Fairfax County ranked 22nd at 2.9 percent.
The BLS finding follows the release of other reports
touting Loudoun’s economic strength. In April,
the U.S. Census Bureau tabbed Loudoun as the fastest-growing
county in the U.S., with its population swelling at
a 30.7 percent clip over the past three years. And a
May survey on quality of life measurements conducted
by the American City Business Journals put Loudoun 5th
in the nation among 3,100 counties and independent cities.
Still, Loudoun has room for improvement. According to
the BLS, its weekly wages for the fourth quarter of
2003, at $965, pale when compared to Arlington and Fairfax
counties, which average $1,199 and $1,158, respectively.
The national average is $767.
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