Unemployment
- Governor Abigail Spanberger Urges Congress to Set National Artificial Intelligence Guardrails
Letter to House and Senate leaders follows her Sept. 18 Virginia AI task force order; Spanberger warns jobs, privacy, and public resources cannot rely on company self-regulation alone.
- NextEra and Dominion sweeten $67 billion merger with longer Virginia bill credits
The state Capitol.
- Fed raises interest rates for first time in 3 years, battling persistent inflation
Kevin Warsh, now chair of the Federal Reserve, testifies during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, D.C. (Photo by Andrew Harnik/Getty Images) WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on.
- State revenues climb 2.8% in August, remain ahead of forecast
Gov. Abigail Spanberger's administration reported that Virginia’s general fund revenues rose 2.8% in August and remained ahead of the state’s forecast through the first two months of fiscal 2027.
- Balancing optimism and caution, Spanberger says Virginia’s revenues grew $2.1 billion in fiscal year 2026
Gov. Abigail Spanberger on Wednesday highlighted Virginia’s financial wins in the fiscal year that ended in July, touting a general revenue fund that increased by $2.1 billion, record investments in public services and a new energy consumption tax lawmakers levied on data centers that is projected to add $600 million to the commonwealth’s coffers in […]
- Virginia revenues surge despite job losses amid budget standoff
Virginia’s economy is showing increasing signs of strain from slower job growth, rising inflation and weakening consumer confidence, even as state revenues continue exceeding expectations and giving lawmakers more room to negotiate a stalled state budget, Virginia Secretary of Finance Mark Sickles said Tuesday. Presenting the administration’s latest economic and revenue update to the Senate […]
- US employers created 178,000 new jobs in March, a huge increase from the February low.
This post was originally published on this site.WASHINGTON, D.C. (AP) – American employers created 178,000 jobs in March, a surprising number after a dismal month of February. The unemployment rate dropped to 4.3%. The Labor Department announced Friday that the hiring of new employees was a positive sign after February’s loss of 133,000 positions. The […]
- Virginia job picture is ammunition for local Democrats in the heat of elections
Arlington’s Democratic leadership at the state and federal levels has ammunition from new data that shows an increase of Virginia’s unemployment claims. Rep. Don Beyer, D-8, seized on the figures released by the federal Bureau of Labor Statistics Friday. The data showed that Virginia had been the only state that recorded a statistically significant rise […]
- Virginia’s budget surplus grows as revenues beat expectations due to Republican management
Virginia’s general fund revenues rose sharply in April, bucking signs of a national economic cooldown as the state continues to post steady long-time job growth and rake in more tax dollars than projected.
- Governor Youngkin to laid-off federal workers: We’ll hire you
Among the thousands of federal workers who’ve been forced out or taken buyouts in the past month, surely some would be perfect fits for the many vacancies in Pennsylvania’s state government. That, at least, is the thinking of Democratic Gov. Josh Shapiro, who recently directed his state to not only offer aid to laid-off constituents, but […]
- Governor Glenn Youngkin Announces August Economic Indicators Signal Continued Labor Market Strength
RICHMOND, VA – Governor Glenn Youngkin today announced an increase of just over 7,300 more employed Virginians in August, bringing the total to 226,954 more Virginians employed since January 2022.
- Virginia has the Largest Unemployment Rate Drop In 2022, 7,500 Fewer Virginians Unemployed in the Month of June
RICHMOND, VA – Governor Glenn Youngkin today announced the number of employed Virginians expanded to more than 4.2 million workers in June 2022. Virginia has added nearly 94,000 employed residents since February 1st. Virginia’s unemployment rate fell to 2.8 percent in June. This continues to be below the national rate, which was unchanged at 3.6 percent. […]