And did you know: local private sector job growth has ended, and those with 4 yr degrees and PhDs have the highest rate of un/underemployment. Home sales are impacted by unemployment, obviously, but prices in the area also remain detached from
The current unemployment figures are nsa for June, 2010. Compared with June 2009, Albemarle had the same rate of 5.8% but Charlottesville was lower, at 7.4%. See the and Va Employment Commission and The DP for all numbers.
Sure, Virginia's doing better than some other states. But we don't live in those other states; we live in an area that has rising unemployment.