The number of employed Virginians rose by 4,485 to 4,228,407 in December 2022, Gov. Glenn Youngkin announced Tuesday. According to BLS Local Area Unemployment Statistics (“LAUS”, or “the household survey”), the labor force in Virginia increased by 9,611 to 4,357,319.
Since January 2022, nearly 90,000 more Virginians are employed. More Virginians moved off the sidelines began and looking for a job in December; and the commonwealth’s unemployment rate increased 0.2 percentage points to 3.0 percent which remains below the national rate of 3.5 percent. During the month, the number of unemployed residents increased by 5,126 to 128,912 but the overall number is down 10,422 since January 2022.
“Throughout the first year of our administration, job growth in Virginia was overwhelmingly led by the private sector—providing 86 percent of year-over-year job growth—with our valuable defense and public sectors continuing their strong contributions as well,” said Youngkin.
Job growth averaged 9,000 a ...