Unemployment on the Rise in Charlottesville Area - NBC29 WVIR Charlottesville, VA News, Sports and Weather

Unemployment on the Rise in Charlottesville Area

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Unemployment in the Charlottesville area is on the rise.    

The latest numbers from the U.S. Bureau of Labor Statistics show Charlottesville's unemployment rate jumped to 5.3 percent in January. That's up from 5.1 a year ago, and almost a whole percentage point from December.  

Despite the increase, Charlottesville Regional Chamber of Commerce President Timothy Hulbert say it's not time to worry just yet.    

"When you have a bad number, you need to look at it and understand it in context. This is one month, this is really the first month in quite a long time where we've seen that uptick," said Hulbert.    

Between December and January, the number of people employed in the Charlottesville area fell by almost 10,000.

Hulbert says that's his biggest concern, but it will take longer to see if this is part of a downward trend.

To access the latest numbers, click here.

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