Quantcast

VA Jobless Rate Increases Slightly in May - NBC29 WVIR Charlottesville, VA News, Sports and Weather

VA Jobless Rate Increases Slightly in May

RICHMOND, Va. (AP) - The Virginia Employment Commission says the state's jobless rate increased slightly in May after two consecutive months of decreases.

The state's seasonally adjusted unemployment rate was 5.3 percent in May. That's down from 5.2 percent in April, and down from 5.9 percent a year ago.

Virginia's unemployment rate has been trending down since joblessness peaked at 7.4 percent from December 2009 until March 2010.

The Labor Department says the national unemployment rate was 7.6 percent in May. Unemployment rates fell in half of U.S. states last month, rose in 17 and were unchanged in eight.

Nationally, the economy added 175,000 jobs in May, nearly matching the average monthly gain for the past year.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Sign Up for Email Alerts

    Sign up to receive NBC29 news and weather updates in your inbox daily.

    * denotes required fields



    Thank you for signing up! You will receive a confirmation email shortly.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WVIR. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.