March 28, 2017 DPVA Blog · News & Press Releases · Press Releases and Announcements

ICYMI: In the McAuliffe Economy, Unemployment Reaches Nine-Year Low

by Katie Baker

Today under Governor McAuliffe's leadership, Virginia reached a nine-year low of 3.9% unemployment, the lowest initial unemployment insurance claims in 44 years, and the second-lowest unemployment rate of any major state.

Here are the highlights of today's report from the Bureau of Labor Statistics:

  • Unemployment dropped to 3.9%, the lowest rate since June 2008. Governor McAuliffe inherited a 5.4% unemployment rate when he replaced Republican Governor Bob McDonnell;
  • Virginia has the second-lowest unemployment rate among major U.S. states; and,
  • Initial unemployment insurance claims in 2016 were the lowest in 44 years

While Republicans continue to attack the Governor's proven record of job creation and economic growth, Virginia Democrats remain focused on expanding opportunity for all Virginians.

"Governor McAuliffe has made growing a new Virginia economy his top priority -- and his work is paying off for the Commonwealth," said DPVAspokeswoman Katie Baker. "Thanks to his leadership, Virginia remains an open and welcoming place to do business and raise a family. By electing Democrats to every level in Virginia, we can build on this incredible progress and create an economy that works for working people."

Data from the Bureau of Labor Statistics can be found here.