Tag: unemployment

revenues

Virginia posts 0.8% revenue increase in December

Gov. Bob McDonnell announced Friday that December 2013 revenue collections for the Commonwealth of Virginia increased by 0.8 percent from December 2012.


congress

Warner, Kaine introduce bill to address military retirement benefits issue

U.S. Sens. Mark Warner and Tim Kaine have introduced an amendment to emergency unemployment legislation that would repeal and replace the $6 billion cut to military pensions included in the Bipartisan Budget Act.


bob mcdonnell

Text of Bob McDonnell’s final State of the Commonwealth address

It is my privilege to address you, one last time, as Governor, on the State of the Commonwealth. I must note that because it’s my last speech the Speaker promised me all the time I wanted… so get comfortable.


Frank Clemente: This Christmas, help the unemployed, not Wall Street

When holiday shoppers make a bad choice, the worst result may be an ugly sweater. But Congress recently made a bad choice that will ruin the holidays for over a million families—and will spoil the coming new year for millions more.


business

Virginia posts 5.4 percent revenue growth in October

October revenue collections for state government in Virginia decreased by 5.4 percent from October of last year. October is not a significant month for revenue collections. On a year-to-date basis, total revenue collections rose 0.6 percent through October, trailing the annual forecast of 1.5 percent growth.


tim kaine

Tim Kaine: Time to end sequestration

U.S. Sen. Tim Kaine, a member of the Budget Conference Committee, called for an end to sequestration and urged his committee colleagues to find a sensible solution that would reverse the across-the board-cuts in remarks to the committee on Wednesday.


McDonnell pledges ‘smooth transition’ to Gov.-elect McAuliffe

Bob McDonnell credited the administration of Tim Kaine with helping in his transition to the Virginia governor’s office four years ago. Now the Republican governor is pledging to assist the incoming administration of Gov.-elect Terry McAuliffe in the same fashion.


Virginia’s unemployment rate falls to 5.3 percent in March

Virginia’s unemployment rate fell to 5.3 percent in the month of March, according to data released today by the U.S. Bureau of Labor Statistics. This is the lowest unemployment rate in the Commonwealth since December 2008. Virginia has the lowest unemployment rate in the Southeast, and the second-lowest unemployment rate east of the Mississippi River.


business

Virginia unemployment rate drops to 5.5 percent

Virginia’s seasonally adjusted unemployment rate decreased 0.1 percentage point this month to 5.5 percent, the third consecutive monthly decline, and was 0.6 percentage point below the year-ago December rate of 6.1 percent. This month’s seasonally adjusted unemployment rate of 5.5 percent is the lowest in four years when the December 2008 rate was 5.3 percent. The labor force expanded for the fourth consecutive month, as the additional people that reported working exceeded the drop in the number of unemployed. Virginia’s seasonally adjusted unemployment rate is below the December national rate of 7.8 percent, which was unchanged from November.


business

Virginia unemployment rate down to 5.6 percent

Virginia’s unemployment rate fell to 5.6% in the month of November, according to data released today by the U.S. Bureau of Labor Statistics.


Virginia unemployment holds at 5.9 percent

Virginia’s seasonally adjusted unemployment rate remained at 5.9 percent for the third consecutive month, but was down 0.4 percentage point from September a year ago.


newspaper

Report: State unemployment rate unchanged in August

Virginia’s seasonally adjusted unemployment rate was unchanged in August at 5.9 percent, but was down 0.5 percentage point from August a year ago.


business

Unemployment numbers mixed

Unemployment continued to inch upward in July in Staunton and Waynesboro, while the rate in Augusta was down slightly from where it was in June.


revenues

Unemployment up in Waynesboro, Staunton, Augusta County in June

Unemployment was up sharply in Waynesboro, Staunton and Augusta County in June, according to figures released Wednesday morning by the Virginia Employment Commission


Debate over jobs numbers

The jobs situation seems to continue to be getting better, with Friday’s announcement that unemployment fell two-tenths of a percent in January, to 8.3 percent. But it’s not getting better fast enough, says Fifth District Republican Congressman Robert Hurt. “A drop in the national unemployment average is always good news. However, the jobless rate remains […]


Cautious optimism: Unemployment rate continues dip

The Virginia Employment Commission announced this morning that Virginia’s seasonally adjusted unemployment rate fell to 6.5 percent in January, the lowest unemployment rate in the Commonwealth since March 2009. The rate has been trending downward since March 2010, when the rate reached a high of 7.3 percent. The unemployment rate in Virginia continues to trend […]


David Cox: Quiet progress

Lately, the federal deficit has been decreasing its increasing. With all the hype over burning Korans, building mosques, protesting Tea Partiers, not to mention the triumph of good over evil of the Redskins beating the Cowboys a week ago Sunday, you might have missed that point of some, if small, consolation. So I’ll repeat: The […]


Perriello blasts Senate on unemployment benefits

Edited by Chris Graham freepress2@ntelos.net   Fifth District Congressman Tom Perriello today released a statement blasting the U.S. Senate for playing politics with unemployment benefits and Medicare payments to doctors. “The elites in the Senate may have forgotten what it’s like on Main Street for families still struggling in this recession,” Perriello said in the […]


AFPBusiness.com: Unemployment holds at 9.7 percent

Edited by Chris Graham AFPBusiness.com    The unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment fell in construction and information, while temporary help services added jobs.    Read more on AFPBusiness.com.


Unemployment rate takes unexpected dip

  Story by Chris Graham freepress2@ntelos.net Don’t get too excited, but the nation’s unemploynent rate made a move in the right direction in January, falling to 9.7 percent from 10.0 percent in December. “It is important not to read too much into any one monthly report, positive or negative. It is essential that we continue […]


Local officials back jobs program

   Staff Report News tips: freepress2@ntelos.net As U.S. mayors gathered in Washington this week to meet with the Obama administration about unemployment and the economy, Virginia local government officials and community leaders are calling for the creation of a Community Jobs program. The jobs program would provide funding to localities across the country to create […]


Looking up

   Column by David Reynolds Submit guest columns: freepress2@ntelos.net Now let’s see if I’ve got this right. We are just into the new year and the sky has not yet fallen. Yes, I know, no one actually predicted that the clouds would fall. Nevertheless, there were those who kept saying that whatever keeps the human […]


Fifth District Report

Column by Tom Perriello I want to update Virginians on some of the efforts I am undertaking in Congress to get our economy back on track. You may recall in the Sept. 28 edition of this newsletter, I wrote that the U.S. House voted to extend unemployment benefits only in states where the unemployment rate […]


Forbes votes for unemployment-benefits extension

Congressman Randy Forbes (R-4th) announced today that he voted in favor of H.R. 3548, to allow workers to draw an additional 14 weeks of federal unemployment benefits after exhausting their regular 26 weeks of state compensation. According to the Joint Committee on Taxation, the bill is revenue neutral and paid for through a number of […]


Webb pushes unemployment-benefits extension

Sen. Jim Webb today called on the Senate to pass a comprehensive proposal, which he cosponsored, to extend unemployment insurance by up to 14 additional weeks for jobless workers in all 50 states. Nearly two million out-of-work Americans face expiring benefits by the end of the year. The critical measure was stalled last week by […]


Unemployment rate up nationally

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.


Employment numbers continue to improve

The state unemployment rate dropped in August to three percentage points below the national average, and the rate also dipped locally in the Central Shenandoah Valley. The state rate was at 6.5 percent in August, down from 6.9 percent in July and 7.3 percent in June, according to data on the Virginia Employment Commission updated […]


Perriello working on unemployment-benefits issue

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 […]


Unemployment claims down

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 […]


Unemployment down in Virginia for second straight month

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 […]


Initial unemployment claims down

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.


Kaine: State needs line of credit to meet unemployment obligations

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 […]


Employment numbers continue to improve

Good news on the local employment front – unemployment rates in the five localities in the Augusta and Rockingham areas were down in July. More good news at the state level – Virginia saw its unemployment rate dip from 7.3 percent in June to 6.9 percent in July, according to data released by the Virginia […]


Unemployment claims dip

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. 


Report: Unemployment claims up

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.


Unemployment rate down a tad, but that’s still good news

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.


Initial unemployment claims down

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.


Initial unemployment claims up last week

The advance figure for seasonally adjusted initial claims for the week ending July 18 was 554,000, an increase of 30,000 from the previous week’s revised figure of 524,000. The four-week moving average was 566,000, a decrease of 19,000 from the previous week’s revised average of 585,000.


Unemployment claims down last week

In the week ending July 4, the advance figure for seasonally adjusted initial claims was 565,000, a decrease of 52,000 from the previous week’s revised figure of 617,000, according to data from the U.S. Department of Labor today. 


Unemployment ticks up in June

The national unemployment rate inched up a bit in June, to 9.5 percent, a tenth of a point higher than May and getting close to double where we were at the start of the recession in December 2007. Another measure that factors in people working part-time who would prefer full-time work, the long-term unemployed who […]


Unemployment up slightly in May

Unemployment ticked up a bit across the Valley in May, though the slight increases were called seasonal by a Virginia Employment Commission economist today. Waynesboro still has the highest unemployment rate locally, at 9.1 percent, up from the 8.8 percent mark in April, according to VEC data released today. Staunton was up from 6.9 percent […]


In the News

– State News: Commonwealth Transportation Board adopts six-year plan – Economy: Initial unemployment claims up slightly – State News: ACLU backs Gloucester residents in case involving attempted removal of supervisors 


In the News

– Economy: National unemployment rate pushes up in May – Local News: Staunton water plants win recognition – Local News: Tip a Cop to help Special Olympics – Politics: Clark endorses Signer – Capitol Hill: Perriello veterans legislation gaining support in Congress


In the News

– Economy: Initial unemployment claims down – Capitol Hill: Webb calls for transparency in aid to Pakistan 


Targeted tax relief for the unemployed

I noticed that Waynesboro City Council has added to its agenda for its staff briefing tonight an item to discuss tax relief for the elderly and disabled. I’ve been talking up behind the scenes an idea springing from that senior-focused tax-relief effort that I think could gain some traction given the economic times. And the […]