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Lindley Estes is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Regional jobless rate remains steady at 5.2 percent

The Fredericksburg-area jobless rate remained a steady 5.2 percent in July, according to numbers released by the Virginia Employment Commission Wednesday.

In June the local unemployment rate fell to 5.2 percent from 5.5 percent in May.

The unemployment rate is lower than the Fredericksburg region jobless rate in July 2013, which was 5.6 percent.

The region, comprised of the city of Fredericksburg and counties of Caroline, King George, Spotsylvania and Stafford, bested the state and nation, which both fell to 5.4 percent and 6.5 percent respectively.

Stafford and Spotsylvania counties both had 5 percent jobless rates in July, followed by the city of Fredericksburg at 5.7 percent, Caroline County at 5.9 percent, and King George County at 6 percent.

None of the figures has been adjusted for seasonal factors.

 

Permalink: http://news.fredericksburg.com/businessbrowser/2014/08/27/regional-jobless-rate-remains-steady-at-5-2-percent/