4 ms·

I'm just surprised as the absolute magnitude of the number. Virginia has hundreds of thousands of unemployed right now; 54 is probably within measurement error.

by saulrh 10y ago

I'm just surprised as the absolute magnitude of the number. Virginia has hundreds of thousands of unemployed right now; 54 is probably within measurement error. Even if they're off by orders of magnitude, 500 is a drop in the bucket, and 5000 is barely noticeable. It just seems weird to me that that number is big enough to be worth trumpeting from the hills.

NetStrikeForce 10y ago
It's good PR to bring more tech companies; it signals there's a talent pool in the area, because high tech companies are established there.
dorfsmay 10y ago
On top of 54 jobs there are additional tax on profit + all indirect benefits, more computer hardware maintenance, HVAC install and maintenance, etc...
- tssva 10y ago
  Usually the big tax gain for the locality is property tax on the equipment located within the data center.
  - patrickg_zill 10y ago
    Not sure that all municipalities charge a tax on the servers. However they get taxes on power and utilities like water. Also a larger base of utilities means the capital costs are spread across more billing.
    - tssva 10y ago
      They may not all do so, but the largest data center concentrations in the US are in Loudoun County, VA and in the Dallas/Fort Worth areas. You will pay local tax on your equipment in both locations.
niftich 10y ago
This amount of job growth seems typical at first blush. A haphazard sampling [1] of job creation announcements in Virginia as a result of state grants reveals: April 2013: 25 jobs in secure document and card printing March 2014: 40 jobs in new lumber mill August 2014: 25 jobs in manufacturing coating spray for aircraft turbine parts August 2014: 25 jobs in new lumber mill August 2014: 500 jobs in parts for automotive engines October 2014: 75 new jobs in parts of automatic transmissions December 2014: 97 new jobs in HQ consolidation for medical device company April 2015: 160 new jobs in food processing for fruits May 2015: 100 jobs in lighting fixture manufacturing January 2016: 50 jobs in tamper-evident label manufacturing February 2016: 50 jobs in ingredients for cosmetic and pharmaceutical industries March 2016: 15 jobs in new lumber mill March 2016: 1800 new jobs in client support and consulting September 2016: 50 jobs in paper towel manufacturing [1] http://www.virginiabusiness.com/search/google?q=jobs+grant http://www.virginiabusiness.com/search/google?q=jobs+grant
tssva 10y ago
Latest unemployment figures for VA show a 3.9% unemployment rate with 152,545 unemployed in the state.

by saulrh 10y ago

NetStrikeForce 10y ago

It's good PR to bring more tech companies; it signals there's a talent pool in the area, because high tech companies are established there.

dorfsmay 10y ago

On top of 54 jobs there are additional tax on profit + all indirect benefits, more computer hardware maintenance, HVAC install and maintenance, etc...

tssva 10y ago
Usually the big tax gain for the locality is property tax on the equipment located within the data center.
- patrickg_zill 10y ago
  Not sure that all municipalities charge a tax on the servers. However they get taxes on power and utilities like water. Also a larger base of utilities means the capital costs are spread across more billing.
  - tssva 10y ago
    They may not all do so, but the largest data center concentrations in the US are in Loudoun County, VA and in the Dallas/Fort Worth areas. You will pay local tax on your equipment in both locations.

niftich 10y ago

This amount of job growth seems typical at first blush. A haphazard sampling [1] of job creation announcements in Virginia as a result of state grants reveals: April 2013: 25 jobs in secure document and card printing March 2014: 40 jobs in new lumber mill August 2014: 25 jobs in manufacturing coating spray for aircraft turbine parts August 2014: 25 jobs in new lumber mill August 2014: 500 jobs in parts for automotive engines October 2014: 75 new jobs in parts of automatic transmissions December 2014: 97 new jobs in HQ consolidation for medical device company April 2015: 160 new jobs in food processing for fruits May 2015: 100 jobs in lighting fixture manufacturing January 2016: 50 jobs in tamper-evident label manufacturing February 2016: 50 jobs in ingredients for cosmetic and pharmaceutical industries March 2016: 15 jobs in new lumber mill March 2016: 1800 new jobs in client support and consulting September 2016: 50 jobs in paper towel manufacturing [1] http://www.virginiabusiness.com/search/google?q=jobs+grant http://www.virginiabusiness.com/search/google?q=jobs+grant

tssva 10y ago

Latest unemployment figures for VA show a 3.9% unemployment rate with 152,545 unemployed in the state.