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The U.S. House voted 230-200 on Thursday to pass legislation styled by Republicans as the Protecting Taxpayers and Victims of Unemployment Fraud Act, and derided by Democrats as either the Surprise Billing Our Workers Act or the George Anthony Devolder Santos Fraudster Protection Act.
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The Commonwealth’s unemployment rate held steady at 3.2 percent in March 2023, 0.4 of a percentage point above the rate in March 2022.
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In the latest filing week, the Virginia Employment Commission reports that the number of initial claims essentially remained unchanged from the previous week.
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Virginia’s unemployment rate increased to 3.2 percent in January 2023, but the labor participation rate also rose to 65.4 percent.
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Unemployment claims in Virginia were 13.64 percent lower for the week of Jan. 9 2022 than in the previous week.
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Glenn Youngkin used the backlog at the Virginia Employment Commission in acting on appeals on unemployment claims under the Northam administration as a political issue.
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Unemployment ticked up in Virginia in November, to a 2.8 percent rate, with drops in the labor force and the number of those with jobs overall.
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Virginia’s unemployment insurance fund trust fund is solvent, which is newsworthy because for the past couple of years, there had been questions there, because of the pressure from the COVID pandemic.
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The Virginia unemployment rate ticked up a tenth of a percent in October, to 2.7 percent, as the labor force increased slightly, and the number of those without jobs increased by more than 3,000 people.
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The BLS reported Friday that nonfarm payroll employment increased by 261,000 in October, and the unemployment rate rose to 3.7 percent.
