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The unemployment rate in Virginia is likely to rise this year, from 3.5 percent to 4.4 percent, according to an economic forecast from the University of Virginia Weldon Cooper Center for Public Service.
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Seventeen individuals involved in a COVID-19 pandemic unemployment benefit scheme have learned their punishment.
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The unemployment rate in Virginia was up in July, the seventh straight month that we’ve had an increase – July, note, was the seventh month of the year.
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Overshadowing any good news is the bad news that unemployment in Virginia is expected to rise to the highest rate in 2025 since 2021.
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President Joe Biden has approved, at the request of Gov. Glenn Youngkin, a major disaster declaration for Virginia as it recovers from Hurricane Helene.
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The Virginia economy is still holding strong, judging from the report from the office of Gov. Glenn Youngkin on Friday that the unemployment rate held steady at 2.7 percent for the month of July.
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The unemployment rate in Virginia remained unchanged at 3.0 percent in February 2024, according to Virginia Works.
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Initial unemployment claims edged up for the last filing week in Virginia and reflect pre-pandemic volumes, according to Virginia Works.
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Virginia’s unemployment rate for January 2024 was unchanged from the month before at 3.0 percent, and 0.1 percentage point below 2023.
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Virginia unemployment insurance claims changed little in the latest filing week and remained slightly below typical pre-pandemic volumes.
