Virginia's June County and Area Employment Figures Released
Last edited Tue Aug 6, 2024, 11:13 AM - Edit history (1)
Hat tip, Gazette Leader, via ARLnow
For Release:
July 30, 2024
Contact:
Virginia Works
Economic Information & Analytics Division
(804) 786-7496
LMI@virginiaworks.gov
Virginias June County and Area Employment Figures Released
~ Over-the-Year Unemployment Rates Increased in Most of Virginias Counties1 and Metropolitan Statistical Areas ~
RICHMOND Virginia Works (the Department of Workforce Development and Advancement) announced today that, compared to a year earlier, June 2024 unemployment rates (not seasonally adjusted) increased in 79 of Virginia's 133 counties (1) and cities, remained unchanged in 34, and decreased in 20. In June, Highland County had the lowest unemployment rate at 1.9 percent, while Lexington city had the highest at 5.8 percent. The employment estimates in this release are subject to large seasonal patterns; therefore, it is advisable to focus on over-the-year changes in the not seasonally adjusted estimates.
Among the metro areas, Washington-Arlington-Alexandria and Winchester had the lowest unemployment rates at 2.7 percent, while Lynchburg had the highest at 3.7 percent. The not seasonally adjusted statewide rate was 3.0 percent, a 0.1 percentage point increase from a year earlier and 1.3 points lower than the national rate. The June 2024 local unemployment rates are online:
https://www.vec.virginia.gov/node/18835. You can also access the local unemployment rates by clicking the Area Rates link under the unemployment graph located on www.VirginiaWorks.com.
The statistical reference week for the household survey this month was the week of June 9-15, 2024.
The July 2024 statewide unemployment rate and employment data for both the state and metropolitan areas are scheduled to be released on Friday, August 16, 2024. The data will be available on our website
www.VirginiaWorks.com. The Virginia Department of Workforce Development and Advancement plans to release the July 2024 local area unemployment rates on Wednesday, August 28, 2024.
(1) The Commonwealth of Virginia is divided into 95 counties, along with 38 independent cities that are considered county-equivalents for census purposes.
PDF of Press Release