Va. jobless claims during pandemic exceed Great Recession
While Virginia saw a slight decrease in the number of initial jobless claims last week, the Virginia Employment Commission reported Thursday that the total number of initial claims filed since the beginning of the pandemic is greater than the combined totals filed during the 2007-09 Great Recession and the economic recession in 2001. For the […]
Va. reports 8% unemployment rate for July
Despite the ongoing pandemic, Virginia’s unemployment rate was 2.5% lower than the national average for the month of July, according to statistics released by the Virginia Employment Commission on Wednesday. For the month of July, the U.S. reported a 10.5% unemployment rate while Virginia reported an 8% unemployment rate, a 0.2% improvement from the month […]
Va. saw slight decrease in initial jobless claims last week
More than 11,000 Virginians filed initial jobless claims last week — a decrease of nearly 4,000 claims from the previous week, according to the Virginia Employment Commission. The number of initial claims filed during the Aug. 22 filing week fell to near the average weekly volume in 2009, according to the VEC. However, 249,745 people […]
Va. saw slight uptick in initial jobless claims last week
More than 15,000 Virginians filed initial jobless claims last week — an increase of more than 1,800 claims from the previous week, according to the Virginia Employment Commission. “The increase in initial claims for unemployment benefits in Virginia reverses the trend of declining claims over the last two weeks,” Dominique Johnson, research associate with Old […]
Va. initial jobless claims dropped 46% last week
Initial unemployment claims in Virginia fell by 46% last week, according to a Thursday release from the Virginia Employment Commission. More than 13,000 Virginians filed initial jobless claims last week — a decrease of more than 10,000 claims from the previous week, according to a VEC statement released Thursday. For the first time since the […]
Va. saw nation’s second-highest jobless spike last week
Coming on the heels of reports that the U.S. domestic gross product in the second quarter dropped to its lowest point since 1947, the U.S. Department of Labor reported Thursday that Virginia saw the second-highest increase in initial jobless claims in the nation last week. The Department of Labor reported Thursday morning that 46,524 Virginians […]
Va. unemployment trust fund facing $750M deficit
With jobless claims at a record high, the state trust fund that pays for jobless benefits is expected to rack up a $750 million deficit by the end of the year, according to the Virginia Employment Commission. And Virginia employers already hurting from the pandemic‘s economic fallout could face tax increases to replenish the state’s […]
Va. sees 5K spike in initial jobless claims last week
Since January, more than 1 million Virginians have filed initial jobless claims, according to the Virginia Employment Commission. More than 37,000 Virginians filed initial jobless claims last week — an increase of more than 5,000 claims from the previous week, according to a VEC statement released Thursday. “The jump in initial unemployment claims in Virginia […]
1M+ Virginians have filed jobless claims since January
Since January, more than 1 million Virginians have filed initial jobless claims, according to the Virginia Employment Commission. More than 32,000 Virginians filed initial jobless claims last week, according to a VEC statement released Thursday. The week before last, Virginia had the fourth-highest increase in initial jobless claims in the nation, but that was not […]
Va. among highest in nation for jobless claims last week
Virginia had the fourth-highest increase in initial jobless claims in the nation last week, according to U.S. Department of Labor (DOL) statistics released Thursday. The DOL statistics released Thursday morning shows that 33,069 Virginians filed initial jobless claims last week, while the VEC report released Thursday afternoon shows 31,825 initial claims. The DOL count is […]
366K+ Virginians remain jobless
More than 366,000 Virginians are still unemployed following the economic fallout from the COVID-19 pandemic, and initial jobless claims rose by more than 6,000 last week. The Virginia Employment Commission (VEC) announced Thursday that 906,734 people have filed initial unemployment claims since March 15. Nearly 32,000 Virginians filed initial claims last week, an increase of […]
Virginia Employment Commission closes HQ due to COVID-19
The Virginia Employment Commission is temporarily closing its Richmond headquarters office after the fourth VEC employee in three months has tested positive for COVID-19, the VEC announced Tuesday. The closure affects 350 employees who work out of the Richmond office. VEC call centers and district offices have not been affected and will continue to process […]