Regional Economics Commons^™

Part 3: Virginia's Workforce: Understanding Apprentices, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

This chapter examines the state of apprenticeship programs in the United States and Virginia, assessing their role in the labor market. We begin with an overview of national apprenticeship policy, tracing major laws and initiatives that have influenced the system’s evolution and expansion. We then review trends in apprenticeship participation, highlighting the states that lead in registrations and program growth. The discussion pivots to Virginia, where we analyze current occupation, wage and demographic data, and regional apprenticeship examples that connect education and industry. Finally, we consider whether apprenticeships represent a sustainable and scalable solution to the Commonwealth’s workforce challenges.

Front Matter: 2025 State Of The Commonwealth Report, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Cover, front matter, table of contents, sponsors, and other materials for the 2023 State of the Commonwealth Report authored by the Center for Economic Analysis and Policy at Old Dominion University,

Part 1: Virginia's Economy Slows As Challenges To Growth Rise, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

As we near the end of 2025, we now have sufficient evidence that economic activity has slowed in Virginia. The civilian labor force and the number of individuals reporting they are at work has fallen in 2025. Weekly continued unemployment claims, which capture individuals who are unemployed, looking for work, but have not found work, have been higher for each week of 2025 when compared to 2024. Job growth has continued, but the economy is buffeted by tariffs and declines in federal employment.

2025 State Of The Commonwealth Report, Vinod Agarwal, Josh Andrews, Andrea Barcenas, Jamie Boex, Leora Friedman, James V. Koch, Angela Kwao, Feng Lian, Anna Makhorkina, Melody Nguyen, Terry Parker, Mohamed Rahoui, Ashley Russ, Samia Tabassum, Jay Walker, Robert M. Mcnab

State of the Commonwealth Reports

This is Old Dominion University’s 11th annual State of the Commonwealth Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, its president, Brian Hemphill, Ph.D., the Board of Visitors, the Strome College of Business or the generous donors who support the activities of the Dragas Center for Economic Analysis and Policy.

Our work seeks to contribute to the conversation about how Virginia can foster growth across the Commonwealth without glossing over the challenges we face. We want to encourage difficult conversations to …

Part 2: The State Of Virginia's Go Virginia Regions, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In this chapter, we discuss the economic performance of the nine GO Virginia regions relative to the state and nation. We examine a number of measures of economic performance: population, employment, jobs, wages, personal income, and establishments. Each of these measures is available on a more frequent basis than Gross Domestic Product (GDP), providing a more current picture of the economic activity in each GO Virginia region. In aggregate, these data allow us to construct a clearer picture of the health of Virginia’s regional economies.

Part 4: Is It Better To Give Than Receive? Exploring The Distributional Dimension Of Virginia's Budget, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

This chapter focuses on the distribution of intergovernmental finances in Virginia. Specifically, it analyzes the distribution of state-level public resources in the Commonwealth of Virginia that takes place as a result of state-to-local intergovernmental transfers. The analysis suggests that, as a result of the manner in which state revenues are collected and allocated back to localities, some Virginians contribute significantly more to the Commonwealth budget in taxes than they receive back in local benefits, while other state residents receive more in benefits than they pay in taxes.

Part 2: Virginia's Metropolitan Areas: Growth, Challenges, And The Road Ahead, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In this chapter, we survey the performance of Virginia’s metropolitan areas this decade. We first discuss population trends and the demographic challenges facing metro areas. We then delve into measures of economic activity, including taxable sales and Gross Domestic Product (GDP). We also discuss labor markets in each metro area. We conclude with thoughts about how Virginia can foster growth across its metropolitan areas.

2024 State Of The Commonwealth Report, Vinod Agarwal, James V. Koch, Feng Lian, Anna Makhorkina, Melody Nguyen, Terry Parker, Mohamed Rahoui, Jay Walker, Leiu Yuenyong

State of the Commonwealth Reports

This is Old Dominion University’s 10th annual State of the Commonwealth Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, its president, Brian Hemphill, Ph.D., the Board of Visitors, the Strome College of Business or the generous donors who support the activities of the Dragas Center for Economic Analysis and Policy.

Our work seeks to contribute to the conversation about how Virginia can foster growth across the Commonwealth without glossing over the challenges we face. We want to encourage difficult conversations to …

Part 3: Does It Still Pay To Attend College In Virginia?, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In 2022, more than 1 in 5 college graduates across the United States found themselves earning less than the national median income for high school graduates in the same graduating class year. In the same year, on average, 19.9% of graduates from four-year Virginia institutions of higher education earned less than the typical high school graduate 10 years after entry into college or university. In this chapter, we ask whether attending college is a ‘good deal’ for many Virginians.

Part 5: An Older Commonwealth, A Better Commonwealth, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In this chapter, we examine how the population of Virginia has changed over time, with a specific focus on the resident population aged 65 and above. We break down the population aged 65 and above by sex and race and ask how these differences may impact the Commonwealth over time. We explore the characteristics of this population and discuss how Virginia is aging compared to its neighbors. We conclude with thoughts on how the ‘graying’ of Virginia may influence the demand for public goods and services in the future.

Front Matter: 2024 State Of The Commonwealth Report, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Cover, front matter, table of contents, sponsors, and other materials for the 2023 State of the Commonwealth Report authored by the Center for Economic Analysis and Policy at Old Dominion University,

Part 1: Virginia's Economy Grows, Will Consumers Remain Unhappy?, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

By many measures, Virginia will set several records in 2024. Economic activity across the state will surpass that observed in 2023 and will represent the fourth consecutive year of economic growth. More Virginians will have been at work or looking for work than in any other year. Yet, if one asks Virginians about the state of the economy, their views are decidedly more pessimistic.

Part 4: Rising Disability Rates (Or Not): A Sign That We Care Or An Epidemic Problem In The Commonwealth?, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In this chapter, we examine one particular corner of a much larger disability story --- those individuals who have a work history and subsequently seek to receive income from the Social Security Administration because of that disability. Contrary to what many people believe, both the number of applications for worker disability and rates of approval of those applications have trended downward in recent years. We examine how worker disability rates have changed over time across the nation and Commonwealth.

Part 5: Virginia's Hotel Industry Grows, But Change Is Coming, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

This chapter assesses the performance of the hotel industry in the Commonwealth and discusses the challenges facing the hotel industry in 2024 and beyond. To understand the prospects for growth, we examine the recovery from the shock of 2020 and how different areas of the commonwealth fared with regard to hotel revenue and occupancy. We take stock of the competitive environment and how labor shortages continue to challenge hoteliers. We ask: what does the future hold for the hotel industry in Virginia?

Part 1: Virginia's Economy Grows, But Questions Linger About The Future, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

There is good news to report about the economy of the Commonwealth. Economic activity increased in 2022 and 2023. A record number of Virginians were at work or looking for work. Labor force participation increased above pre-pandemic levels. However, this news is tempered by the fact that Virginia grew slower than the nation and Virginians continue to migrate out of the Commonwealth. The Virginia economy should grow in 2024, but work remains to be done to match the economic performance of our peers.

Part 3: Virginia Is For Veterans, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Approximately 1 in 10 Virginian adults ages 18 years and older was a veteran of military service in 2021. The Commonwealth only ranked behind Alaska in the proportion of adults who identified as a veteran of military service in 2021. Virginia ranked first for the share of veterans in the adult population among states with populations greater than 1 million in 2021. Military veterans in Virginia, on average, are more educated than their civilian counterparts and have higher household incomes. The presence of military veterans and retirees not only provides talents to employers, but also generates billions of dollars of …

Part 4: Death And Dying In Virginia, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Death and taxes may be inevitable, but where we die is usually not a topic of public policy or discussion. Hospice care is the specialized treatment that provides support and comfort to patients who are terminally ill with a general life expectancy of six months or less. In this chapter, we take a close look at serious disease and hospice care in the United States and Virginia. We examine the demand for hospice care by Medicare beneficiaries as well as the changing nature of hospice care suppliers as now more than two-thirds of hospices nationwide operate as for-profit entities. We …

2023 State Of The Commonwealth Report, Vinod Agarwal, Aliou Ousmane Ba, Barbara Blake, James V. Koch, Ria Kolarao, Feng Lian, Anna Makhorkina, Melody Nguyen, Terry Parker, Mohamed Rahoui, Panagiotis Taoulas, Robert D. Mcnab

State of the Commonwealth Reports

This is Old Dominion University's ninth annual State of the Commonwealth Report. While it represents the work of many people connected in various ways to the University, the report does not constitute an official viewpoint of Old Dominion, its president, Brian Hemphill, Ph.D., the board of Visitors, the Strome College of Business or the generous donors who support the activities of the Dragas Center for Economic Analysis and Policy.

Our work seeks to contribute to the conversation about how Virginia can foster growth across the Commonwealth without glossing over the challenges we face. Instead of retreating into partisan enclaves where …

Part 2: A Recovery In Progress: Virginia's Go Virginia Regions, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

For some areas of Virginia, the recovery from the economic shock associated with the COVID-19 pandemic has been robust, with evidence emerging of a new expansion in economic activity in 2023. For other areas of the Commonwealth, the recovery would be best characterized as anemic. As we conclude 2023 and look forward to 2024, the economic fate of the Commonwealth looks increasingly bifurcated, with economic activity and population concentrated in a handful of regions. Now, with evidence of a “soft landing” from the turbulence of 2022 increasingly evident, the open question remains: can we spur economic growth across the state?

Part 3: Who's At The Bedside? Does Virginia Have Enough Nurses?, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In 2021, nurses ranked again as the most trusted profession in the United States. Yet, even though many Americans view them favorably, nurses have been the target of conspiracy theories, verbal abuse, and physical violence. As more nurses report symptoms of burnout and some are quitting the profession entirely, we explore the coming shortage of nurses in Virginia and ask what factors limit the supply of nurses.

Front Matter: 2022 State Of The Commonwealth Report, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Cover, front matter, table of contents, sponsors, and other materials for the 2022 State of the Commonwealth Report authored by the Center for Economic Analysis and Policy at Old Dominion University.

Part 5: A Deeper Dive Into The Blacksburg-Christiansburg Metropolitan Area, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

The Blacksburg-Christiansburg metropolitan statistical area includes the counties of Giles, Montgomery, and Pulaski as well as the independent city of Radford. Virginia Tech, with over 37,000 full-time equivalent students in the 2021–2022 academic year, is not only the largest employer in the metro area, but it continues to expand its reach across the Commonwealth. We highlight how the metro region has fared over the last decade and discuss the prospects for future growth.

2022 State Of The Commonwealth Report, Vinod Agarwal, Barbara Blake, Bojana Bolozan, Ashley Desilva, Nikki Johnson, James V. Koch, Timothy M. Komarek, Feng Lian, Sharon Lomax, Christian Manty, Janet Molinaro, Brendan O'Hallarn, Terry Parker, Matt Voegel, Suzanne Wright, Robert M. Mcnab

State of the Commonwealth Reports

This is Old Dominion University’s eighth annual State of the Commonwealth Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, its president, Brian O. Hemphill, Ph.D., the Board of Visitors, the Strome College of Business, or the generous donors who support the activities of the Dragas Center for Economic Analysis and Policy.

Our work seeks to contribute to the conversation about how Virginia can foster growth across the Commonwealth over the coming decade without glossing over the challenges we face. Instead of …

Part 4: Virginia's Lawyers Confront Tougher Times, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

While movies and television shows portray lawyers as members of high society, with expensive cars and tastes, the reality is grittier. In 2021, more than 90% of law students took out a loan to enable them to pay their costs, and the typical law school graduate owed $165,000 in loans. The crucial point of this report, however, is that significant proportions of law school graduates are destined to be disappointed if they pursue a career in law believing they will earn lots of money. In this chapter, we explore the supply of lawyers in Virginia and whether we are producing …

Part 2: Another Year In Recovery: Virginia's Metropolitan Areas, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

If Virginia is to continue its recovery from the pandemic economic shock of 2020, this growth will largely come from Virginia’s metropolitan areas. We ask whether Virginians have returned to the labor force in the aftermath of the pandemic and explore how unemployment rates may not reflect the availability of labor. Lastly, we examine how population change may influence the future of Virginia’s metro areas.

Part 1: Inflation, Uncertainty, And Volatility Undermine Virginia's Recovery, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

If the story of 2020 was the pandemic and the tale of 2021 was the recovery, then rising inflation and interest rates dominated the narrative of 2022. The economic recovery remained incomplete, with jobs returning to pre-pandemic levels but some Virginians remaining outside the labor force. Now, with the possibility of a recession in 2023 looming, we ask how Virginia fared over the last 12 months and what are the prospects for future growth?

Part 5: Viewed Through A Different Lens: Evaluating Virginia Higher Education, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

The University of Virginia, Virginia Tech and William & Mary historically have played important roles in the Commonwealth. They have assembled impressive records in admitting and graduating talented students who (predictably) do well after they leave these campuses. Except for our historically black colleges and universities (HBCUs) and the University of Virginia’s College at Wise, no public four-year institution in Virginia enrolls a significant percentage of low-income students. We discuss what the Commonwealth and its public colleges and universities can do to make higher education more affordable.

Part 1: Inflection Point? Covid-19, Vaccines And The Recovery, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

To say that most Virginians would prefer to forget 2020 might be an understatement. The COVID-19 pandemic threw tens of thousands of Virginians out of work, shuttered businesses and abruptly transitioned much of education into the world of remote learning. As 2021 draws to a close, the story has changed from one of shock to one of recovery. In this chapter, we examine the impact of the pandemic, the ongoing recovery and prospects for continued growth in 2022.

Part 4: Let It Ride: Casinos, Online Betting And The Future Of Gambling In Virginia, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In 1987, Virginia voters approved the state lottery, bringing legalized gambling to the Commonwealth. By 2021, Virginians could buy lottery tickets online, place sports bets on their phones, wager in historical horse racing parlors and play “gray machines” in convenience stores, restaurants and bars. Now, with casinos opening soon in Bristol, Danville, Norfolk and Portsmouth, we discuss the benefits and costs of casinos in the Commonwealth.

Part 6: The Winchester Metropolitan Area Outperforms The Commonwealth, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Conversations about growth in Virginia primarily focus on the metropolitan areas of Northern Virginia, Hampton Roads and Richmond. Often forgotten in these discussions is how the smaller metropolitan area of Winchester has outperformed many of the larger metros in the Commonwealth. We explore why Winchester is growing and how this growth could change the quality of life of its residents in the future.