Thursday, October 6, 2022

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Virginia Unemployment Figures For August Released

RICHMOND-There’s good news and there’s bad news in Virginia’s August employment numbers.

The total number of jobs decreased by more than 7,100, but the unemployment rate stayed historically low: 2.6 percent in Virginia versus the national average of 3.6 percent, according to a release issued by the governor’s office on September 16.

“While employment levels contracted in the month, the unemployment level continued to improve,” said Virginia Secretary of Labor Bryan Slater. “The unemployment rate has returned to pre-pandemic levels, and we see job openings still exceeding the number of those unemployed.”

According to Bureau of Labor Statistics data, Virginia’s labor force decreased by 7,142 to 4.3 million and the number of employed residents fell by just over 5,100. The number of jobless claims decreased as well to 114,103. The biggest gainers by job category came in leisure and hospitality, up by 41,900 jobs, followed by education and health services, and professional and business services.

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