Home Construction: Running to Stand Still

New home construction rose over 23 percent in Virginia between 2012 and 2013, according to building permit data collected by the Census Bureau and the Weldon Cooper Center. In suburban counties, the number of new homes built during the past year increased much more than in urban localities, but construction levels still remain a fraction of those seen during the early 2000s housing boom.

 Homes Built Annually in the Mid Atlantic

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Food Stamp Participation by State, 1990-2013

The sluggish economic recovery and changes to participation guidelines have led to a steady increase in the number of individuals relying on food stamps, or the Supplemental Nutrition Assistance Program (SNAP). In January 2013, 47.3 million Americans, or 15% of the total population, received food stamps (Nearly 50 million Americans are living in poverty, according to recent Census Bureau estimates, but individuals and families slightly above the poverty line are eligible for SNAP as well).

The Wall Street Journal recently released a fantastic interactive graphic that shows trends in monthly food stamp participation, by state, from 1990 through 2013. Most states follow the overall national trend: participation rises in the mid-1990s, gradually declines through the boom years of the late 1990s and early 2000s, flattens slightly through the 2000s, and then sharply increases following 2008.

US Food Stamp Participation, 1990-2013

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Employment is up, wages are down

Employment rose nationwide in 2011, but the average weekly wage fell 1.7 percent according to data just released by the Bureau of Labor Statistics. Only five periods have seen declining wages since the series began in 1978 and fourth Quarter 2010-2011 is the only period to have seen declining wages occur with rising employment.

Virginia’s twelve largest localities, the only ones covered in this report, mirror the national trend. All twelve experienced employment growth, and all but one, Alexandria City, simultaneously experienced wage declines. We need to wait for more details on industry and occupational employment patterns in order to work out just why employment has risen without also driving up wages. And we need employment data for a few more quarters to see whether this divergence of employment and wages is a blip or the beginning of a trend.

Employment and Wage Change, Virginia’s largest Localities, 2010-2011

Employment
Percent Change
Average Weekly Wage Wages
Percent
Change
December
2010-11
4th Quarter 2011 4th Quarter 2010-11
Arlington, VA 0.3 $1,591 -5
Chesterfield, VA. 1.6 $852 -2.5
Fairfax, VA 1.7 $1,519 -1.5
Henrico, VA 1 $939 -2
Loudoun, VA 2.5 $1,136 -5
Prince William, VA. 3.2 $848 -2.8
Alexandria City, VA 0.6 $1,434 0.4
Chesapeake City, VA 0.2 $751 -0.7
Newport News City, VA 1.9 $876 -1.7
Norfolk City, VA. 0.8 $933 -2.6
Richmond City, VA 1.6 $1,027 -3.3
Virginia Beach City, VA 0.5 $763 -0.8

Source: US Bureau of Labor Statistics, County Employment and Wages Summary

Job Gains and Losses, 2007-2012

The Pew Center on the States recently published an interactive graphic on job gains and losses among the states.  Using Bureau of Labor Statistics data, they examine annual percent changes (April to April) in the number of employed persons in each state between 2007 and 2012.

This interactive graphic is conceptually very similar to the state-by-state infographic on gay rights. There are six concentric circles, each representing one year. For example, 2007 captures the percent change in employment between April 2006 and 2007. A white band represents the official beginning of the recession in December 2007. The states are organized into five regions, although the separation between the regions is not well defined. Continue reading