Business news from the Fredericksburg region.
Area’s jobless rate rose in June
BY BILL FREEHLING
The Fredericksburg-area jobless rate rose from May to June but was lower than a year ago, according to Virginia Employment Commission data released Wednesday.
The region’s jobless rate was 5.6 percent in June, up from 5.1 percent in May but lower than the 6.2 percent figure from June 2011.
The rates have not been adjusted for seasonal factors. The jobless rate often rises in the summer, as more students and school staff enter the labor force.
The Fredericksburg region has one of the lowest jobless rates in Virginia, whose rate was 6 percent in June. Virginia had the 10th-lowest rate in the U.S., whose jobless rate was 8.4 percent in June.
The region comprises Fredericksburg and Caroline, King George, Spotsylvania and Stafford counties.
Stafford’s 5 percent jobless rate was tied for the 10th-lowest in the state. Spotsylvania tied for 14th with a 5.1 percent rate.
The city of Fredericksburg, as is usually the case, had the region’s highest jobless rate in June at 8.8 percent. That was down from 10.3 percent the year prior.
Arlington County had the state’s lowest jobless rate in June at 3.7 percent, followed by Loudoun, Fairfax and Alexandria. Martinsville’s rate was the state’s highest at 14.2 percent.
Bill Freehling: 540/374-5405