Wednesday, January 5, 2011

Central Virginia Unemployment Remains Basically the Same for December 2010: Up

It's less than the Nation's rate of 9.8%, but locally double for some areas what it was in 2008, before the Great Recession.  The problems:

1. Local private sector jobs have vanished. 
2. Those that are available are primarily service-sector/minimum wage
3. Newly created jobs at DIA brought employees from outside the area. 
4. The University of Virginia is the largest employer, but those with BAs and PhDs have the highest unemployment. 

See the current numbers.

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