Employment growth higher than 2016
RICHMOND — Gov. Terry McAuliffe recently announced that Virginia’s nonfarm payroll employment level is 33,700 jobs higher when compared to November 2016. According to a press release, over-the-year employment growth in Virginia has been positive for 44 consecutive months.
“In November, Virginia’s over-the-year growth was 0.9 percent,” officials said in the release. “Nationally, total nonfarm employment was up 1.4 percent from a year ago.”
Virginia’s seasonally-adjusted unemployment rate was up a slight 0.1 percent in November to 3.7 percent but was down 0.4 percent from a year ago. The release cited Virginia’s seasonally-adjusted unemployment rate continues to be below the national rate, which was unchanged in November at 4.1 percent.
“Virginia, along with Arkansas, has the fourth-lowest seasonally-adjusted unemployment rate among the southeast states,” officials said in the release. “In addition, Virginia has the fourth-lowest unemployment rate, along with Indiana, among major U.S. states behind Tennessee, Florida and Massachusetts.”
For a statistical breakdown visit the Virginia Employment Commission’s website at www.vec.virginia.gov.