Virginia Economic Review

For more than 300 years, Virginia’s universities have helped produce generations of political leaders, scientists, entrepreneurs, engineers, and business executives who shaped the economy in the Commonwealth and beyond.

As one of the 13 original colonies, Virginia claims many historic firsts among American states. These firsts span numerous fields and industries, from energy generation to food and beverage production to transportation.

As the world continues to struggle with drug supply chains and critical shortages, clusters of activity have emerged to move the needle of medication affordability and accessibility.

Recent major biopharmaceutical manufacturing announcements are positioning Virginia for a broader reshoring effort in the pharma industry. COVID-era supply chain disruptions and resulting shortages exposed the risks of over-reliance on overseas production for essential medicines.

The Greater Richmond region is in the middle of the greatest population growth in its history.

The I95-I85 Intersection is anchored by the Tri-Cities of Petersburg (home to Civica Rx’s facility that produces a wide variety of affordable essential medicines), Hopewell, and Colonial Heights.

Careyann Weinberg, Director of Economic Vitality for the Downtown Norfolk Council in Hampton Roads, Virginia, discusses quality of life and talent opportunities in Hampton Roads and Virginia as a whole, including the strong professional network in the area, the opportunities for talent, and her own "Why Virginia" story.

Careyann Weinberg, Director of Economic Vitality for the Downtown Norfolk Council in Hampton Roads, Virginia, discusses quality of life and talent opportunities in Hampton Roads and Virginia as a whole, including the strong professional network in the area, the opportunities for talent, and her own "Why Virginia" story.

Bonnie Chavez, CEO of Building Beloved Communities in Roanoke, Virginia, discusses quality of life and talent opportunities in Roanoke and Virginia as a whole, including what drew her to the area, the opportunities for talent and her own "Why Virginia" story. Watch the Conversation

Bonnie Chavez, CEO of Building Beloved Communities in Roanoke, Virginia, discusses quality of life and talent opportunities in Roanoke and Virginia as a whole, including what drew her to the area, the opportunities for talent and her own "Why Virginia" story. Watch the Conversation

Peter Beard is vice president of policy and programs at the U.S. Chamber of Commerce Foundation, where he leads workforce development projects and initiatives.

When Lydia Ruffin began work as a restaurant server, her goal was to support herself through school. She could not have anticipated how profoundly that entry-level job would shape her career.

Key investments at Virginia Tech, George Mason, University of Virginia help the Commonwealth position itself as a home for AI Innovation

Home to one of the largest concentrations of active duty and veteran talent in the country, Virginia has engineered an ecosystem that helps those who served translate military experience into high-value private sector careers.

New or expanding companies want to know that they will be able to hire workers with the skills they need. While outside training providers offer established but generic faculty, facilities, and programs, in-house solutions allow for customization but require significant investment.

As more tenured employees must upskill and reskill to adjust to an economy that is increasingly reliant on technology and, specifically, artificial intelligence (AI), Generation Z workers are entering the labor market as the first generation of digital natives.

L. Scott Bradshaw enrolled at Mountain Empire Community College (MECC) in Wise County as a student who needed a second chance after spending 57 months in prison. He had a job in a tire shop, but he wasn’t earning enough to pay off his fines and take care of his daily needs.

Alison Lands is vice president of employer and workforce solutions at Jobs for the Future (JFF), a national nonprofit that works to align the education and workforce systems to improve access to quality jobs for over 75 million American workers.