Bluefield Daily Telegraph, Bluefield, WV

Virginia State News

September 21, 2012

Va jobless rate steady at 5.9 pct in August

RICHMOND, Va. — Virginia’s jobless rate remained steady in August after increasing the previous two months.

The Virginia Employment Commission says Virginia’s seasonally adjusted unemployment rate was 5.9 percent in August. That’s 0.5 percentage points lower than a year ago. 

Virginia’s unemployment rate has been trending down since January 2010, when joblessness peaked at 7.3 percent. The rate had fallen to a three-year low earlier this year and increased during June and July in a pattern similar to last year.

The state’s jobless rate is still below the national average, which edged down to 8.1 percent in August. But that was only because many people gave up looking for work.

The Labor Department says rates rose in 26 states last month. Rates fell in 12 states and Washington, and were unchanged in 12.

 

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