Virginia’s unemployment rate the lowest in 2 years

An email from Governor Youngkin announced the lowest unemployment rate in Virginia in 2 years.

Virginia’s unemployment rate in March dropped 0.2 percentage points to 3.0 percent.

That seasonally adjusted unemployment rate is 1.5 percentage points below the rate from a year ago.

The labor force increased by 19,532 with the number of unemployed residents decreasing by almost 5,000.

Virginia’s seasonally adjusted unemployment rate continues to be below the national rate of 3.6 percent.

Virginia had the second lowest unemployment rate in the southeast and 15 lowest in the nation.

Governor Youngkin said we are seeing green shoots in job recovery as we hit the lowest unemployment rate in the Commonwealth in nearly two years.

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VA’s unemployment rate falls for the 18 month in a row

A news release from Governor Northam shows that Virginia’s unemployment rate has fallen for the 18 month in a row.

November’s unemployment rate for the state dropped to 3.4 percent which is 2.4 percentage points below the rate of a year ago.

Virginia’s seasonally adjust unemployment rate continues to be well below the national rate of 4.2 percent.

The governor pointed out in the news release that this is the lowest level in Virginia since the COVID-19 pandemic began.

The governor said that these numbers are proof that Virginia continues to be a place where businesses and workers can thrive.

The news release went on to state that the private sector gained over 73,000 jobs while the public sector saw a gain of almost 9,500 jobs in November.

A more detailed breakdown of the numbers is available at the Virginia Employment Commission website at vec.virginia.gov.

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VA. unemployment rate falls for the 16 straight month

An email from Governor Northam states that the unemployment rate fell to 3.8 percent in September.

That is 2.8 percentage points below the rate from a year ago.

Virginia’s unemployment rate continues to stay below the national average of 4.8 percent according the release.

According to the governor’s newsletter both private and public sectors gained a total of 73,000 new jobs collectively.

September is the sixteenth consecutive month Virginia unemployment rate has dropped according to Governor Northam.

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Virginia’s Seasonally adjusted unemployment rate

Virginia’s seasonally adjusted unemployment rate fell two tenths of a percentage point in August to 4  percent, which is 3 percentage points below the rate from a year ago. According to household survey data in August, the labor force increased by 5,550, as the number of unemployed residents decreased by nearly 7700.  The number of employed residents rose by just over 13 thousand.  Virginia’s seasonally adjusted unemployment rate continues to be below the national rate, which fell from 5.4 to 5.2 percent.

VA.’s Unemployment rate drops below the nation’s

emergency funding for homeless

Virginia unemployment rate dropped to 4.5 percent in May.

Virginia’s seasonally adjusted unemployment rate continues to be below the national rate of 5.8 percent.

Virginia had the third lowest seasonal adjusted unemployment rate among southern states.

Governor Northam noted that more people are working in Virginia with the recovery outpacing the rest of the country.

For more news from across the Shenandoah Valley, click here.