Virginia Monthly Employment Statistics
- 4,263,623 employed workers
- 126,160 unemployed workers
- 2.9% unemployment rate
The total employment for Virginia is 4,030,700, which is 3,400 greater than last month, an increase of 0.08%. The total employment a year ago was 4,007,700, which is 23,000 lower than today. Employment has increased by 0.57% in the last year. Last months' employment total was revised from 4,027,300 to 4,031,600. This revision is a change of 0.11% from the preliminary numbers.
The Business and Professional Services sectors are the leading employers in Virginia. There are 757,800 employees in the sector. Last month the sector had 757,900 employees last month, a decrease of 100 (0.01%). Last year the sector had 751,200 employees last year, an increase of 6,600 (0.88%).
The chart below illustrates the total monthly employment:
INSERT MONTHLY EMPLOYMENT LINE CHART HERE.
In the month of July, 2019 the average hours worked was 39.2, this was a decrease from last month, which averaged 40.3 hours. This represents a change of 2.7%. Average hourly wages for the month were $19.70 per hour, which translates to $772.24 per week. Hourly wages decreased over the last month from $19.70 per hour a decrease of 0.0%. Weekly wages decreased over the last month from $793.91 per week a decrease of 2.7%.
A year ago, the average hours worked was 39.3 hourse per week, which is a decrease of 0.3%. Hourly wages have decreased over the last year from $19.71 per hour, a decrease of 0.1%. Weekly wages have increased over the last year from $774.60 per week, an increase of 0.3%.
The chart below illustrates the average monthly wages:
The unemployment rate decreased in July, 2019 from 2.9% to this months' 2.9%. A year ago the unemployment rate was 2.9%, 0.0% lower today. The total workforce in July, 2019 was 4,389,783, which is 0.3% higher than last months 4,377,438 and is 0.3% higher than last years 4,328,230. The total number of unemployed in Virginia is 126,160 as compared to the revised figure from last month of 127,927 and 125,602 unemployed a year ago.
The chart below illustrates the change in the unemployment rate over the last year in Virginia:
About the Writer
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.