Virginia's unemployment rate fall in October from September

By: Media General News Service | WSLS 10
Published: November 20, 2009

» Comments | Post a Comment

Virginia's unemployment rate for October fell to 6.3 percent from 6.5 percent in September, the U.S. Bureau of Labor Statistics reported today.

The bureau, meanwhile, revised the September figure by lowering it by 0.1 percentage point, to reflect more up to date reports from that month.

The October rate is still well above last year's level, which stood at 4.2 percent.

But Virginia's unemployment rate remains far lower than the national average, and in October bucked the national trend, which saw a rise in joblessness from September to October.

The number of people unemployed in Virginia fell to 261,700 in October from 270,100 in September.

On a seasonally-adjusted basis, in which the actual numbers are revised to reflect 10-year-averages for monthly changes in employment, Virginia's unemployment rate held steady a 6.6 percent.

The national rate, on a seasonally-adjusted basis, rose to 10.2 percent in October from 9.8 percent in September.