Virginia manufacturers have one of the lowest average workers' compensation costs in the country. At $2.09 per $100 of payroll in January 2009, it ranks 4th lowest nationally and is 44% lower than the U.S. average.
Low Unemployment Tax
Unemployment tax burden, the 5th lowest in the nation, is 40% lower than the national average.
More than 85% of those 25 and older are high school graduates and nearly 34% are college graduates. Workforce development is available at five nearby community colleges.
Virginia is the northernmost right-to-work state with less than 1% of manufacturing organized by unions. A total of 4.7% of Virginia's workers are covered by unions compared to 12.3% nationally.
High Labor Productivity
Area businesses have one of the lowest work-stoppage records in the United States. For this reason, Virginia ranks in the top 10 nationally in labor productivity.