Va. Unemployment Stayed Steady in March

4/19/21

By Richard Foster, VirginiaBusiness

Virginia’s seasonally adjusted unemployment rate remained above 5% in March, dropping just 0.1 percentage points below February’s jobless rate.

March’s 5.1% unemployment rate was 2.5 percentage points above March 2020’s rate. Virginia contends to trend lower than the nation, however. The U.S. unemployment rate for March was 6%.

“Virginia’s unemployment rate is steadily improving and we are making real progress in safely reopening our economy,” Virginia Gov. Ralph Northam said in a statement. “While we have made great strides in our recovery, we know there is still more work to do. We will continue to focus our efforts bringing more Virginians into the workforce and supporting families, businesses and communities with the resources they need to build back stronger.”

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