Virginia unemployment rate falls to 5.5%, lowest in over 3 years

Today it was announced that Virginia’s unemployment rate has declined for the fourth straight month. In March, it fell to 5.5%, the lowest the rate has been in over three years. The state currently has the lowest unemployment rate in the Southeast, and third lowest unemployment rate east of the Mississippi River. Here’s a statement […]

Today it was announced that Virginia’s unemployment rate has declined for the fourth straight month. In March, it fell to 5.5%, the lowest the rate has been in over three years. The state currently has the lowest unemployment rate in the Southeast, and third lowest unemployment rate east of the Mississippi River.

Here’s a statement from Gov. Bob McDonnell about today’s announcement:

“Virginia is growing strong again. Today we received word that the state unemployment rate has now declined for the fourth straight month. At 5.6 percent our unemployment rate is far below the national unemployment rate of 8.2 percent. We have the lowest unemployment rate in the southeastern United States. And we have fallen far below the 7.3 percent unemployment rate we inherited when taking office in January 2010. All of this means: more Virginians are working today. That is a good thing. It is a bipartisan accomplishment.

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