Va. Unemployment Remains Low

Virginia's seasonally unadjusted unemployment rate dropped by 0.1 percentage point from 2.9 percent in April to 2.8 percent in May 2007, according to a recent report from the Virginia employment commission. The drop was even more significant in light of the fact that unemployment from April to May usually increases as colleges let out and new workers enter the labor force. The national seasonally unadjusted rate was 4.3 percent.

(The seasonally adjusted rate was also 2.9 percent compared to the US average of 4.5 percent, according to federal data.)

"Among Virginia's 134 individual jurisdictions in May, Greene County and Arlington County, both at
1.8 percent, were tied for the lowest rate. Loudoun County and Fairfax County were tied for the second lowest
rate, both at 2.0 percent...No Virginia jurisdiction had double-digit unemployment," the report found.

By Dan Beyers  |  July 6, 2007; 7:02 AM ET  | Category:  Economy
Previous: The Morning Brief 07.06.07 | Next: Md. Unemployment Rate Holds Steady

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