Labor
Number of Workers in Family
The Beckley-Bluefield, WV has an average of 1.1 workers per family. This market subsequently ranks 167th in the number of workers per family across the 167 STI Markets. It has a location quotient of 0.74 time the national average of 1.5.
Figure 31: Workers In Family
Labor Force
The Beckley-Bluefield, WV ranks 167th in labor force participation among the 167 STI Markets with 45.9% of those 16 plus in the labor force. Of those in the Labor force 0.18% are in the Armed Forces a value 0.24 times the national average resulting in an Armed Forces employment ranking of 115th across STI Markets.
In terms of overall employment size, the market ranks 1st with employment of 106,885.
Unemployment Rate of 4.7%
With an Unemployment Rate of 4.7% the Beckley-Bluefield, WV currently ranks 36th in Unemployment among the 167 STI Markets.
UER Inequality - Moderate
The Beckley-Bluefield, WV can current be classified as having Moderate level of variation across its Census Tracts. This classification is based on the Gini Coefficient of the market which is currently 0.34. Low (0 to .3), Moderate (.3 to .4), High (.4 to .6), Extreme (.6 to 1). The Gini Coefficient is often used to classify inequality. Across all STI Markets the Beckley-Bluefield, WV ranks 149th. The interquartile range of the markets Census Tracts, that is its 25th percentile and 75th percentile values, are 2.9% and 6.5%, respectively.
