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
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 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 latest news Virginia jobless rate falls

Virginia jobless rate falls

Published September 18, 2015 by Robert Powell, III

Virginia’s unemployment rate fell three-tenths of a percentage point in August to 4.5 percent.

The Virginia Employment Commission released the seasonally adjusted figure on Friday, noting that the commonwealth’s August jobless rate is the lowest recorded since September 2008.

Virginia’s unemployment rate has fallen half a percentage point since August 2014. The national jobless rate for August was 5.1 percent.

The numbers are seasonally adjusted, meaning they take into account seasonal fluctuations in the labor force.

The commonwealth’s total nonfarm employment rate inched up 900 jobs in August to 3.82 million. By contrast, Virginia lost 3,000 jobs in July. The July job loss initially was reported as 2,500 jobs.

In August, the job gains came from the public sector, which added 1,300 positions, while the private sector lost 400 jobs.

VEC said employment rose in five industry divisions, fell in another five and remained unchanged, at 8,300 jobs, in mining.

The largest increase occurred in professional and business services, which rose 3,300 jobs to 687,400 in August.

The biggest drop occurred in construction, which declined 3,200 jobs in August to 183,800.

Related Stories

Virginia Business logo

Colortree acquires Richmond web printer

Chris Good joins Colliers’ Retail Services Group as vice president

Virginia Business logo

Arlington’s Rosslyn City Center getting $35M renovation

84K-square-foot space to include dining, office, retail space

Trending

Norfolk planners OK temporary casino

Fairfax medical building sells for $21M

Breeden breaks ground on Newport News apartments

34 Va. companies make 2022 Fortune 1000 list

255-apartment complex coming to Suffolk

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

Norfolk planners OK temporary casino

Fairfax medical building sells for $21M

Breeden breaks ground on Newport News apartments

34 Va. companies make 2022 Fortune 1000 list

255-apartment complex coming to Suffolk

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