Virginia's Seasonally Adjusted Unemployment Rate Falls to 6.5%; Lowest since March 2009
– Governor Bob McDonnell and Lieutenant Governor Bill Bolling Issue Joint Statement on Best Employment Number in Nearly Two Years –
RICHMOND - The Virginia Employment Commission announced this morning that Virginia's seasonally adjusted unemployment rate fell to 6.5% in January, the lowest unemployment rate in the Commonwealth since March 2009. In response Governor Bob McDonnell and Lieutenant Governor Bill Bolling, who serves as Virginia's Chief Jobs Creation Officer, issued the following joint statement.
"The number one priority of our Administration is getting the Commonwealth's economy back on track. We are focused on putting in place the policies, tools and resources that will help the private sector create good jobs in every region of the state. Today's news that the unemployment rate has fallen to a near-two year low demonstrates that this bipartisan effort is paying off.
The past 12 months have featured exciting announcements about new job-creating projects getting under way from Microsoft's data center in Mecklenburg to Phoenix Packaging's North American Headquarters in Pulaski; from Northrop Grumman's new corporate headquarters in Fairfax to Capital One's expansion in Henrico. Virginia is wide open for business. We are a 'right to work' state with workers who are exactly right for the top-paying jobs of the 21st Century. We're committed to keeping taxes low, making government more efficient, ensuring litigation and regulation are kept at a minimum, and freeing our private sector job-creators to expand, create, innovate and grow. That is how new jobs get created in the Commonwealth. That is how we will turn this initial economic recovery into a robust and sustained period of economic expansion. There is still much work left to do before every Virginian can find a rewarding job in their hometown, but we are definitely on the right path."
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