Va. Unemployment Fell to 5.3% in January

3/16/21

By Richard Foster, VirginiaBusiness

Virginia’s unemployment rate dropped from 5.6% in December 2020 to 5.3% in January, Gov. Ralph Northam announced Monday. The state saw a gain of 14,100 nonfarm payroll jobs during January.

The seasonally adjusted unemployment rate was 6.3% in January, falling to 6.2% in February.

Nevertheless, Virginia’s January unemployment rate was still significantly higher than in January 2020, when the state unemployment rate was 2.5%.

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