New Jobs Coming to Roanoke and Virginia

The Roanoke Region is benefitting from a major corporate decision by ASGN Incorporated which will create 700 jobs across Virginia and relocate its corporate headquarters from Calabasas, California to Henrico County. ASGN subsidiary Apex Systems LLC will add 74 jobs to its offices in the City of Roanoke at an average annual salary of $103,894.

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Regional Economic Impact Explained

COVID-19 is expected to have a significant, negative economic impact on the entire nation. Roanoke could see job losses of 20,000 to as many as 35,000 at the peak of the recession that will likely result from COVID-19.

This would translate to unemployment reaching 12 percent to as much as 20 percent in the region. The period of recovery will depend ultimately on a number of factors including additional federal stimulus, epidemiological speed, policy response, and any long-term changes in consumer behavior that may result.

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