Hot Careers in The Richmond Region (and How To Get There)
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The document discusses several growing industries in the region including healthcare and life sciences, supply chain management, advanced manufacturing, finance and insurance, and professional and creative services. It provides data on the top 10 growing occupations in each industry as well as examples of companies that are hiring. The document offers advice on how to target growth industries, build a professional network, and stand out in order to successfully pursue careers in these high-demand fields.
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Hot Careers in The Richmond Region (and How To Get There)
- 3. d Health and Life s Sciences • Hospitals & Clinics • Wellness Centers • Health Care IT d Innovative Care • Pharmacy Benefits Management • Health Care Consulting Health • Medical Laboratories Information and Management • Medical Device Mfg • Pharmaceutical Mfg • R&D Life Sciences
- 4. Top 10 Growing Occupations in Healthcare & Life Sciences Regional 10-Year Title Average Total Wage Demand Registered Nurses $63,200 4,226 Home Health Aides $19,400 3,054 Personal and Home Care Aides $17,700 2,100 Nursing Aides, Orderlies, and Attendants $24,200 1,702 Licensed Practical and Licensed Vocational Nurses $40,300 1,490 Receptionists and Information Clerks $25,400 1,014 Medical Assistants $30,200 1,011 Medical Secretaries $32,300 845 Child Care Workers $18,600 766 Social and Human Service Assistants $27,900 731
- 5. Who’s Hiring? ■ Diagnostics Laboratories ■ Health Diagnostics Lab ■ PPD ■ Healthcare Systems ■ HCA ■ Bon Secours ■ VCU Health Systems ■ Senior Care Centers ■ Home Health Services ■ Physicians Offices ■ Healthcare IT
- 6. Supply Chain Advanced Finance and Profession Management M • Freight Trucking anufacturing Insurance Creative Se • Air Cargo • Warehousing Multi-Modal Informa Banking and Transportation • Energy Logistics Management Technology Securities Commu and Warehousing Techn • Merchant Wholesalers • Specialty Foods Advert Research and Processing & Packaging. Wholesale Trade Insurance Public Re Development and Cre Serv Specialty Foods Processing and Packaging
- 7. Top 10 Growing Occupations in Supply Chain Management Regional 10-Year Title Average Total Wage Demand Truck Drivers, Heavy and Tractor-Trailer $40,100 1,307 Laborers and Freight, Stock, and Material Movers, Hand $26,000 828 Postal Service Mail Carriers $47,600 461 Truck Drivers, Light or Delivery Services $30,300 334 Industrial Truck and Tractor Operators $31,300 289 Customer Service Representatives $34,000 161 Stock Clerks and Order Fillers $24,400 155 Shipping, Receiving, and Traffic Clerks $31,800 130 Bus Drivers, Transit and Intercity $34,300 117 Bus and Truck Mechanics and Diesel Engine Specialists $41,500 88
- 8. Who’s Hiring ■ Trucking Companies ■ Regional Distribution Centers ■ UPS ■ AMAZON (soon) ■ Healthcare Logistics ■ Owens & Minor ■ McKesson ■ Emerson Ecologics ■ Food Distribution ■ Supervalue ■ Ukrops
- 9. Advanced • Product &and Mfg P Finance Parts rofessional a Manufacturing Insurance Creative Servic • Electronic Equip Mfg • Engineering & Design Information a Energy Banking and Communicat Technology Securities Technolog g Advertising Research and Insurance Public Relatio Development and Creative Services
- 10. Top 10 Growing Occupations in Advanced Manufacturing Regional 10-Year Title Average Total Wage Demand Team Assemblers $26,600 357 Laborers and Freight, Stock, and Material Movers, Hand $26,000 235 Industrial Truck and Tractor Operators $31,200 188 First-Line Supervisors/Managers of Production and Operating Workers $54,700 165 Helpers--Production Workers $23,400 146 Welders, Cutters, Solderers, and Brazers $36,700 143 Mixing and Blending Machine Setters, Operators, and Tenders $34,500 140 Sales Representatives, Wholesale and Manufacturing, $66,300 136 Packaging and Filling Machine Operators and Tenders $21,900 131 Customer Service Representatives $34,000 127
- 11. Who’s Hiring? ■ Energy ■ Honeywell ■ Alstom Power ■ Dominion ■ Food Product Manufacturing ■ Altria ■ Sabra ■ Maruchan ■ San J ■ Kraft ■ More
- 12. Finance and Professional and Health and Life Insurance C • Service Banks reative Services S ciences • Securities, Commodities & Other Investment Firms Banking and • Information and Accounting Communication Innovative Care Securities • Insurance Carriers, Agents Technology & Brokers • Customer Care Centers Health Advertising, Insurance Public Relations, Information and • Financial Planning and Creative Management Services Services Life Sciences
- 13. Finance and Insurance 10-Year Regional Title Total Average Wage Demand Customer Service Representatives $34,000 1,275 Tellers $26,200 1,030 Insurance Sales Agents $55,100 602 Loan Officers $72,000 430 Securities, Commodities, and Financial Services Sales Agents $84,000 413 Claims Adjusters, Examiners, and Investigators $55,400 397 Loan Interviewers and Clerks $37,800 387 First-Line Supervisors/Managers of Office and Administrative Support Workers $52,000 308 Bill and Account Collectors $32,600 196 Financial Analysts $72,700 188
- 14. Who’s Hiring in Finance and Insurance? ■ Consumer Credit ■ Capital One ■ Mortgage Companies ■ Suntrust ■ Retail Banks ■ Wachovia ■ Bank of America ■ Financial Planners ■ Insurance ■ Mondial ■ Elephant
- 15. • Data Processing & Hosting; d Professional and Health and Life Creative Services • Software Design S ciences • Computer Systems Design • Advertising & Public Information and nd Communication Relations Care Innovative s Technology • Architectural & Design • Specialized Design Advertising, Services Health e Public Relations, Information and and Creative Management Services Life Sciences
- 16. Professional and Creative Services Regional Average 10-Year Total Title Wage Demand Accountants and Auditors $64,600 1,101 Management Analysts $79,000 750 Lawyers $130,300 749 Computer Software Engineers, Applications $90,100 679 Computer Systems Analysts $77,800 610 Computer Software Engineers, Systems Software $91,300 502 Office Clerks, General $29,500 497 Customer Service Representatives $34,000 490 Computer Support Specialists $46,400 437 Bookkeeping, Accounting, and Auditing Clerks $36,500 432
- 17. Who’s Hiring? ■ Across All Industries ■ Companies Large and Small ■ Contract Opportunities ■ Public and Private Sector Opportunities ■ YOU!
- 19. How to Get There ■ Pick Your Target(s) ■ Concentrate on Growth Industries ■ Build and Work Your Network ■ Sell Yourself (or Build Yourself) ■ Consider Freelancing (or Volunteering) ■ Consider a Temporary Position (or Every Position is Temporary) ■ Stand Out From the Crowd ■ Stay Positive
- 20. Resources •Job Search •Tips and Tricks •Career Calendar •Career Assessment •Networking Tips •More
Editor's Notes
- For a year-and-a-half, from late 2007 to mid 2009, the US and global economic were in the “Great Recession.” The United States lost 6 million jobs. The unemployment rate more than doubled from 4.8% to 9.7% in mid 2009, and the gross domestic product decreased by 4%.Trends were similar in the Richmond MSA. The unemployment rate more than doubled from 3.2% to 8.0%, Employment fell by 35,000 Total wages were down by $700 million. One positive was Richmond’s gross domestic product never contracted during the recession, making us only one of a handful of metros areas to boast this claim. Despite the job losses, our businesses continues to increase their sales and output.As the recession eased it was clear we needed to use a different approach to growing the economy.In early 2010 the GRP initiated “A Regional Reset: Building upon GRP’s Strengths to Enhance Economic Development in the Richmond Region.” A key recommendation was to undertake a state-of-the-art target industry cluster study, which was started later that same year. The result we wanted was a manageable and focused number of industry clusters in which the Greater Richmond area can become a world-class leader in. These would be based on our existing business mix; workforce characteristics; educational facilities; infrastructure; research and development facilities; and business support organizations and programs.
- Here are our new target industry clusters. They are closely aligned to our previous targets, which is a good thing because it shows that we were looking at the right industries. We have 5 Industry Clusters and 13 Niches A “Target” is a broader base of economic activity, with specific “niches” at their core. A “Niche” reflects high-value opportunities for local growth based on competitive strengths/niches in existing employment, research capacity, and training resources. Rather than walk you through the mounds of analysis that resulted in these five clusters, I’ll briefly describe each cluster and why it was selected as a target.
- Health care was the only sector to gain jobs during the Great RecessionEmphasis on digitization and distribution of health care data to improve care delivery and diagnosisNeed for increased productivity and cost-effectiveness Health care reform and changing regulatory environmentMany large Innovative Care/Health Information and Management employers (3,000+ workers): VCU Health Systems, HCA, Bon Secours Richmond Health System, WellPointLife Sciences: BoehringerIngelhiem, PPD, Virginia Biotechnology Research ParkPsychiatric and substance abuse hospitals, medical equipment and supplies manufacturing, medical and diagnostic laboratories experienced more hires than separations in 2009PLACECritical mass of service providers and access to other markets provides draw of patients from regions outside of Greater RichmondVirginia Biotechnology Research Park and Meadowville Technology ParkLack of venture capital is a challenge for Life Sciences startups and innovation
- JUSTIFICATIONHigh concentration of medical specialty expertise and physicians per capitaWorkforce pipeline and regional degree/certificate opportunitiesIncubators and research parks4 teaching hospitalsOccupations for all skill levelsCHALLENGESLack of venture capital, R&D incentivesHigh levels of income disparity between skilled/advanced and support professionsAging workforce in some sub-sectorsCompetition with nearby markets, e.g. Research TriangleOPPORTUNITIESVCU and research/ technology parksCooperation in academia and private sectorNuclear engineering strengthResidency slotsTelemedicine Health data exchange and initiatives in health care ITFederal reforms
- Here are our new target industry clusters. They are closely aligned to our previous targets, which is a good thing because it shows that we were looking at the right industries. We have 5 Industry Clusters and 13 Niches A “Target” is a broader base of economic activity, with specific “niches” at their core. A “Niche” reflects high-value opportunities for local growth based on competitive strengths/niches in existing employment, research capacity, and training resources. Rather than walk you through the mounds of analysis that resulted in these five clusters, I’ll briefly describe each cluster and why it was selected as a target.