Business news from the Fredericksburg region.
Area’s jobless rate stable at 6 percent
BY BILL FREEHLING
The Fredericksburg-area jobless rate stayed steady in July, according to Virginia Employment Commission data released Wednesday.
The region had a 5.6 percent unemployment rate in July, the same as the month before. It was down from 6 percent the year before. The region comprises Fredericksburg and Stafford, Spotsylvania, Caroline and King George counties.
Stafford, at 4.9 percent, was among just 12 of Virginia’s 134 localities with a jobless rate below 5 percent in July. Spotsylvania followed closely behind with a 5.1 percent jobless rate.
Nearby Fauquier County had among the five-lowest jobless rates in the state last month at 4.6 percent. Only Arlington, Loudoun and Fairfax counties, in that order, had lower rates.
The city of Fredericksburg, at 9.1 percent, had the region’s highest jobless rate.
Statewide the jobless rate was 6 percent in July, a little higher than in the Fredericksburg region. Virginia had the 11th-lowest jobless rate in the country last month. North Dakota’s was lowest at 2.9 percent and Nevada’s the highest at 12.5 percent.
The national rate was 8.6 percent in July.
None of the figures has been adjusted for seasonal factors.
Bill Freehling: 540/374-5405