Virginia's unemployment rate drops to 2.9%

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Published: Oct. 19, 2018 at 11:38 AM EDT
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Governor Ralph Northam announced Friday that the Virginia seasonal unemployment rate has dropped by 0.1 percentage in September to 2.9 percent.

“I’m pleased to see the unemployment rate decrease for a third consecutive month, a key indication that Virginia’s economy is strengthening and the work we’re doing to attract new business and investment is paying off,” said Governor Northam.

“But even as we add jobs and see record-low unemployment in the Commonwealth, we must also concentrate on enhancing our workforce development system and building the necessary infrastructure to sustain this growth long-term. Today’s announcement is excellent news for our Commonwealth, and I look forward to continuing this progress so we can ensure economic opportunity exists for all Virginians, no matter who they are or where they live.”

According to the Virginia Employment Commission, Virginia has the lowest seasonally adjusted unemployment rate in the southeast states.

For the full release of Governor Ralph Northam's statement check