
Virginia weekly initial unemployment claims fall to historic low
The week ending September 24, 2022 in Virginia saw initial unemployment claims fall to 953.
The week ending September 24, 2022 in Virginia saw initial unemployment claims fall to 953.
A Hampton man was sentenced last week to 27 months in prison for a fraud scheme to obtain unemployment benefits made available because of the COVID-19 pandemic.
Virginia’s unemployment rate fell to 2.6 percent in August, a 1 percent decrease from August 2021.
Amid high inflation and fears of a recession, new unemployment claims dropped by 2.6 percent on August 29.
The Virginia Employment Commission announced Thursday that the number of continued unemployment claims was essentially unchanged, holding at their highest level since the end of 2021, during the most recent filing week.
Virginia’s job openings rate was 7.4 percent in June, but this is little comfort for Virginians still waiting to receive benefits from the Virginia Employment Commission.
Virginia unemployment was at 2.7 percent in July, as the number of those employed in the Commonwealth was up by 5,865.
The Bureau of Labor Statistics reports Friday that the unemployment rate in the United States is down to 3.5 percent.
The number of employed Virginians expanded to more than 4.2 million workers in June, and the state’s unemployment rate dropped to 2.8 percent, nearly a point below the national rate.
In the June 2022 Bureau of Labor Statistics jobs report, the number of unemployed Americans remained essentially unchanged at 3.6 percent.