Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Order a copy
    • Buy an award plaque
    • Suggest execs for 2022

Advertisement

Header Primary Menu

  • Issues
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Order a copy
    • Buy an award plaque
    • Suggest execs for 2022

Home News July jobless rate hits 4.2% in Va., a small decrease

July jobless rate hits 4.2% in Va., a small decrease

State unemployment number well below national average

Published August 20, 2021 by Kate Andrews

In July, the state’s unemployment rate saw a small decline to 4.2%, 0.1 points below June’s rate, Gov. Ralph Northam announced Friday.

In July 2020, the jobless rate was at 7.9%, 3.7 points higher than last month. Virginia continued to see an expansion of the labor force, with 7,818 people starting jobs last month, totaling 4.24 million statewide, and the number of unemployed Virginians decreased by 7,595 since June. The state also recorded over-the-year job gains of 3.8%. Virginia’s seasonally adjusted unemployment rate continues to be below the national rate, which was 5.4% last month.

“Our administration is focused on creating an economic climate that will help Virginia’s workers and businesses thrive,” Northam said in a statement. “The impressive gains in payroll employment and the downward trend of unemployment rates continue to show the strength and resiliency of our economy and our workforce as we recover from the pandemic. Virginians have shown great resolve over the last year and a half, and it is evident in the numbers we are seeing in this report.”

The number of employed Virginians increased by 15,413 to 4.06 million in July, the Virginia Employment Commission reported Friday. The private sector saw an increase of 11,100 jobs last month to 3.2 million jobs total, while public sector jobs declined by 8,800 to 695,500, according to the VEC, after a 10,500 gain in June. The largest job gain during July occurred in the leisure and hospitality sector, which gained 9,600 jobs to 342,200 total, and the second largest increase was in professional and business services, with a 5,600 increase to 777,100 jobs.

The VEC reported that nine out of Virginia’s 10 metropolitan areas saw nonfarm job gains during July, with the Richmond region gaining 3,100 jobs and Charlottesville ranking second with 1,800 more jobs. The Virginia Beach-Norfolk-Newport News area marked a 1,000-job decrease during the month.

However, initial unemployment claims, after several weeks of declining numbers, have increased significantly in the past two weeks. For the filing week ending Aug. 14, the state recorded 16,593 new jobless claims, up 62% from the previous week. Continued claims totaled 35,081, up 3,342 claims from the previous week.

Subscribe to Virginia Business. Get our daily e-newsletter.

Related Stories

Virginia Business logo

Northam, GA leaders pledge to invest $4.3B in federal funds in special session

Small businesses, VEC upgrades among priorities

Virginia Business logo

Va. April unemployment rate at 4.7%, drops nearly half point

State's jobless rate a year ago was 10%+

Virginia Business logo

Virginia unemployment rate improves to 4.3% in June

State had the fourth-lowest jobless rate in U.S.

Trending

William & Mary names new business school dean

Carsales.com to fully acquire Trader Interactive

UNOS CEO announces departure

Sponsored Stories

What can Supply Chain Consultants do for me?

The Lowdown on Downloads for Your Online Experience

5 Benefits of Treasury Management Services from Atlantic Union Bank

Creating An Urban Destination in Chesapeake

Advertisement

Advertisement

Trending

William & Mary names new business school dean

Carsales.com to fully acquire Trader Interactive

UNOS CEO announces departure

Sponsored Stories

What can Supply Chain Consultants do for me?

The Lowdown on Downloads for Your Online Experience

5 Benefits of Treasury Management Services from Atlantic Union Bank

Creating An Urban Destination in Chesapeake

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2022 Virginia Business. All rights reserved.

Site Maintained by TechArk