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.