The Virginia Employment Commission’s latest Monthly Unemployment data released yesterday shows favorable statistics regarding October employment rates.
Compared to September, Virginia’s October actual jobless rate has decreased to 6.3 percent from 6.5 percent—the lowest rate yet in 2009. The rate has been declining since June, then 7.3 percent. The seasonally adjusted rate remained at 6.6 percent between September and October.
Virginia continues to keep unemployment rates below the national average, which was 10.2 percent for October. The state’s seasonally adjusted rate is the seventh best among all states.
Charlottesville’s jobless rate has decreased between September and October as well, declining from 5.5 percent to 5.3 percent. The number of jobless individuals for October is at 5,570, down from 5,790.
According to the release, a large part of October job gains came from public and private schools and universities that were staffing for the fall semester.
Local government, education and health services, and professional and business services all saw increased hires. Leisure and hospitality, construction, and manufacturing, on the other hand, saw employment reductions.
Charlottesville unemployment rate decreases slightly
A large part of October job gains came from public and private schools and universities that were staffing for the fall semester.