Virginia’s unemployment rate has risen for seven consecutive months, reaching 3.6%, a trend not seen since 2008, as the state grapples with federal job losses and manufacturing setbacks.
The job losses are being partially driven by federal workforce reductions linked to Elon Musk’s DOGE initiative.
“We’ll get to September, or the end of September when the buyouts end for many workers who may or may not have moved on to something else. So, I think most folks expect to see a spike in unemployment,” said John Provo, Executive Director of VT Center for Economic and Community Engagement…