...[T]he number of people with jobs in Central Virginia dropped by more than 1,600 between June and July. The region’s 99,902 employed is the second-lowest total since August 2008. Only January 2010’s total of 99,245 employed is lower.Read. And:
- The Cville Metro Area was at 3% unemployment in 2008.
- The new data isn't much different than that in July, when the City was at a 20 yr low.
- Private job growth has ended; those with a 4 yr degree and PhD's have the highest rate of un- and under-employment.
- Additionally, if all the people in RE industry (Realtors, architects, builders, decorators, home improvement, etc.) were counted as "jobless" because they don't make a living at the profession, the unemployment numbers would be higher.