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state economy

Mar 24, 2023

Va. labor market stayed strong in February

Virginia’s labor market remained strong in February, although growth is slowing, according to employment data from the Federal Reserve Bank of Richmond. Virginia had a net gain of 3,200 jobs in February. The Virginia state government employment was previously 12,000 jobs below the February 2020 level, but the state government nearly halved that deficit last […]

Oct 21, 2022

Richmond Fed: Va. gained 8,000 jobs in Sept.

Virginia employers added 8,000 net jobs in September, marking the first month in which total employment has exceeded pre-pandemic levels, representatives from the Federal Reserve Bank of Richmond said Friday. While that’s good news, job recovery continues to be uneven across sectors, with employment in the transportation and warehousing sector exceeding pre-pandemic levels by 10.5% […[...]

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Jul 13, 2022

Virginia ranks 3rd in CNBC’s Top States for Business

After two consecutive years at the top, Virginia slipped to third place in CNBC’s 2022 America’s Top States for Business rankings, the business news channel announced Wednesday morning. North Carolina achieved the coveted No. 1 ranking this year.  “A great education system is building a smart workforce,” CNBC said about Virginia this year. “But migration […]

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