Finance
McDonnell: Jobless Rate Shows Va. 'Growing Strong'
Posted: 8:40 AM Apr 20, 2012
Virginia's unemployment rate dipped slightly in March but it was enough to make it the lowest jobless rate in more than three years.
The Virginia Employment Commission reported Friday that the seasonally adjusted unemployment rate fell 0.1 percent to 5.6 percent. The fourth consecutive monthly decline put the state's jobless rate at its lowest level in more than three years, according to the governor's office.
Gov. Bob McDonnell said the rate is also the lowest in the Southeast. He said it's evidence "Virginia is growing strong again."
The commission said the state's unemployment rate has been trending down since January 2010, when the jobless rate peaked at 7.3 percent.
The March 2012 rate is well below the U.S. jobless rate of 8.2 percent.
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