Seasonally adjusted unemployment rate down 0.1 percentage point
- October 22, 2010
Virginia’s unadjusted employment rate fell 0.5 percent in September to 6.5 percent, the lowest since the number has been since November 2009.
The unadjusted employment rate in September was 0.2 percentage point lower than the September 2009 rate of 6.7 percent. The unadjusted employment rate usually falls in September because of the beginning of the school season. Virginia is below the national unemployment rate of 9.5 percent.
Virginia’s seasonally adjusted unemployment rate fell 0.1 percentage point to 6.8 percent in September from 6.9 percent in August.
The national seasonally adjusted rate remained at 9.6 percent in September. Virginia’s seasonally adjusted rate has been falling since March, when it was 7.3 percent, however the September 2010 rate was the same as the September 2009. After three consecutive months of decline, household employment rose by 6,600. The civilian labor force, which also has been declining the last three months, grew by 2,000.
Virginians receiving regular unemployment benefit payment declined as well. In September, 57,522 people received unemployment benefits, down from 61,934 in August and 78,494 in September 2009. Cumulative initial claims for September were 36,365, compared to 52,592 in August and 37,045 in September 2009.