Northern Virginia Jobless Rate Climbs to 3.8% as D.C. Metro Loses 97,100 Jobs
Updated
Updated · FFXnow · Jun 8
Northern Virginia Jobless Rate Climbs to 3.8% as D.C. Metro Loses 97,100 Jobs
1 articles · Updated · FFXnow · Jun 8
Summary
54,700 Northern Virginia residents were seeking work in April, pushing the regional unemployment rate to 3.8% from 2.7% a year earlier, while Virginia statewide rose to 3.4%.
97,100 jobs disappeared across the D.C. metro area over the year — the biggest decline among U.S. metros — as federal workforce cuts added to a longer-running regional employment slide.
Fairfax County mirrored the strain: 20,272 residents were unemployed for a 10th straight month above 20,000, and the county's jobless rate rose to 3.2% from 2.8%.
Housing costs are worsening the labor drain, local analysts said, with out-migration predating the pandemic and officials still struggling to meet Fairfax's goal of 10,000 new affordable units by 2034.