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The employment situation in Virginia and the Shenandoah Valley is looking a bit better. The situation nationally – not so much. The national unemployment rate inched up from 9.7 percent in August to 9.8 percent in September, according to a report released today by the Bureau of Labor Statistics.
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Congressman Tom Perriello is fighting to extend unemployment benefits in Virginia after the U.S. House passed a bill that did not benefit Virginia workers. Last week, the U.S. House passed H.R. 3548, the Unemployment Compensation Extension Act, which only applied to states with unemployment rates of 8.5 percent or higher (Virginia’s is currently at 6.5…
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In the week ending Sept. 19, the advance figure for seasonally adjusted initial claims was 530,000, a decrease of 21,000 from the previous week’s revised figure of 551,000. The four-week moving average was 553,500, a decrease of 11,000 from the previous week’s revised average of 564,500. The advance seasonally adjusted insured unemployment rate was 4.6…
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Gov. Tim Kaine today highlighted a second consecutive month of declining unemployment rates in Virginia. The Commonwealth’s August seasonally adjusted unemployment rate fell to 6.5 percent, following rates of 7.1 percent in June and 6.9 percent in July. The August rate makes Virginia fifth lowest among unemployment rates nationally and maintains the Commonwealth’s ranking as…
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In the week ending Sept. 12, the advance figure for seasonally adjusted initial claims was 545,000, a decrease of 12,000 from the previous week’s revised figure of 557,000. The four-week moving average was 563,000, a decrease of 8,750 from the previous week’s revised average of 571,750.
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Gov. Timothy M. Kaine on Tuesday filed a request with the U.S. Department of Labor for a repayable advance of $252 million from the Federal Unemployment Account to meet the obligations of the Virginia Unemployment Compensation Program through December 2009. With increased demand for benefits and reduced employer contributions to the state’s unemployment insurance trust…
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In the week ending Aug. 22, the advance figure for seasonally adjusted initial claims was 570,000, a decrease of 10,000 from the previous week’s revised figure of 580,000. The four-week moving average was 566,250, a decrease of 4,750 from the previous week’s revised average of 571,000.
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In the week ending Aug. 15, the advance figure for seasonally adjusted initial claims was 576,000, an increase of 15,000 from the previous week’s revised figure of 561,000. The four-week moving average was 570,000, an increase of 4,250 from the previous week’s revised average of 565,750.
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Unemployment dropped slightly in July, according to data released by the U.S. Department of Labor Friday, but of course even the slight decline, from 9.5 percent in June to 9.4 percent in July, was big news in that the decrease was the first in more than a year.
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In the week ending Aug. 1, the advance figure for seasonally adjusted initial claims was 550,000, a decrease of 38,000 from the previous week’s revised figure of 588,000, according to data released by the U.S. Department of Labor today.
