Virginia seasonal unemployment rate drops 0.1 percentage point in April
- May 21, 2010
Virginia’s seasonally adjusted unemployment rate fell 0.1 percentage point from 7.3 percent in March 2010 to 7.2 percent in April 2010. However, the rate was higher than the April 2009 rate of 6.7 percent.
The drop follows three monthly increases in the seasonally adjusted rate. Virginia’s rate continues to fall below the national rate, which rose from 9.7 percent in March to 9.9 percent in April.
April’s rate typically shows an improvement, but the drop this year was larger than usual. The improvement came from the usual seasonal hires as firms prepare for the tourist season. Plus, building activity picked up because of milder weather, and there were job gains in professional business services and other sectors.
The leisure and hospitality industry again experienced the largest monthly job gain: springtime events, tours and staffing at theme parks boosted such employment by 12,100 jobs to 339,000.
Virginia’s not seasonally adjusted unemployment rate declined by 0.9 percentage points in April to 6.7 percent, down from March’s rate of 7.6 percent but up from last April’s unadjusted unemployment rate of 6.3 percent.