Today is Wednesday, 15th May 2024

Virginia a Leader in Creating Jobs

From GoDanRiver.com:

Virginia ranks third in the nation in the number of new jobs created since January, Gov. Bob McDonnell said yesterday.

While the state has added a net 71,500 jobs since Feb. 1, the state’s chief jobs creation officer, Lt. Gov. Bill Bolling, said it still has a long way to go before it catches up after the recession.

As the jobless rate climbed from 3.4 percent to 7.6 percent since 2007, the state lost 150,000 jobs, he estimated. Virginia’s seasonally adjusted jobless rate for May was 7.1 percent, the third-lowest east of the Mississippi and 13th lowest nationally.

“This is not a victory lap,“ he said. . . . “There is no question that it is a dark hole we are trying to crawl out of.“

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