Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: THURSDAY, July 14, 1994 TAG: 9408050026 SECTION: BUSINESS PAGE: B8 EDITION: METRO SOURCE: LON WAGNER DATELINE: LENGTH: Short
Richard Sorensen, dean of Virginia Tech's Business College, said it is unlikely the state can sustain its job creation boom. Now that the economy is moving again, he said businesses have to hire back some of the workers they laid off earlier in the decade.
"That's a very high percentage," Sorensen said of the state's job-growth rate. "The businesses really did cut back significantly over a three-year period, and there was very little slack as ordering increased."
The Roanoke metropolitan area again in May showed job growth that was only bested by one area in the state - Northern Virginia. Roanoke's 4 percent job growth for the month was attributed primarily to nearly 10 percent growth in service-sector jobs, which often are dismissed as low-pay positions. The growth in Roanoke and the rest of the state came in business and health care service jobs.
by CNB