Va. sees job growth, lowered unemployment rate: Governor

RICHMOND, Va. (WSET) — Virginia Governor Glenn Youngkin announced Friday the continued growth of jobs in the Commonwealth.

According to BLS Local Area Unemployment Statistics, the rate remained below 3.0 percent. In April, it was at 2.8 percent, which was 0.1 percent lower than the previous month. It is also 1.1 percentage points below the national rate.

“Our goal since day one has been for more Virginians to hear the words ‘you are hired,’ and each new job created represents a step toward a stronger Commonwealth and a promising future for all Virginians,” said Youngkin. “It is our strong job growth that enabled us to pass and sign a bipartisan budget this week, making historic investments in areas important to our workforce, such as childcare for working families, behavioral health, and education. We will keep Virginia on a winning path and strengthen our economic vitality and our communities.”

SEE ALSO: Virginia House passes budget with bipartisan support, despite local dissent

According to a statement released by the governor’s office, the number of employed Virginians increased by 517, making a total of 4,455,081. Since January 2022, more than 204,000 Virginians have been employed. The number of unemployed residents decreased by 4,892 to 129,269.

“Continued employment growth and a sustained low unemployment rate signals resilience in our economy, paving the way for more robust job creation ahead,” said Secretary of Labor Bryan Slater.

“Our focus remains on creating a strong labor market where every Virginian can find opportunities to thrive and contribute,” said Secretary of Commerce Caren Merrick. “We continue to be aggressive in attracting and expanding and supporting new businesses in the Commonwealth.”