Virginia unemployment remains unchanged in June at 3.2 percent
- July 20, 2018
Virginia’s unemployment rate remained at 3.2 percent in June.
The Virginia Employment Commission said Friday June's jobless level represents a decline of half a percentage point from June 2017.
The VEC figures are seasonally adjusted, meaning they take into account seasonal fluctuations in the labor market.
Virginia unemployment is at its lowest level since October 2007. The national unemployment rate for June was 4 percent.
In June, the labor force expanded by 10,407, the fifth consecutive monthly increase, to 4,348,904, a new record.
Virginia’s seasonally adjusted nonfarm employment increased by 1,300 jobs in June to more than 4 million, the sixth consecutive monthly increase and also new record high.
From May 2018 to June 2018, employment increased in five major industry divisions and decreased in six.
The largest job gain during June occurred in the leisure and hospitality sector, which increased by 2,700 jobs to 410,500.
The largest job loss during June occurred in total government, which decreased by 2,200 jobs to 712,300.
For total government, the losses in local (down 2,100 jobs) and federal (down 200 jobs) government employment outweighed the slight gain in state government employment (up 100 jobs).