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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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