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Virginia unemployment drops to 3%; employment still below pre-pandemic level

A view of Downtown Fredericksburg from above Hurkamp Park [Photo: Fredericksburg City]
By Tyler Arnold

(The Center Square) - Virginia's unemployment rate continued to drop in March, falling to just 3%, but its total number of employed people and its labor participation rate are still lower than their pre-pandemic levels.

The unemployment rate dropped by 0.2% since February and its 3% rate keeps it below the national unemployment rate of 3.6%. The labor force increased by 19,532 jobs and its total number of employed residents rose by 24,454 people. The total number of unemployed residents decreased by 4,922. The labor force participation rate increased by 0.3 percentage points, up to 63.3%.

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