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Virginia jobless rate drops in August to 6.5 percent

Virginia jobless rate drops in August to 6.5 percent

A job fair last month at Clover Hill High School in Chesterfield County drew a huge crowd.


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Virginia's jobless rate fell in August from July.


Last month's rate stood at 6.5 percent on a seasonally adjusted and unadjusted basis, down from 6.9 percent in July and 7.3 percent in June, according to a U.S. Labor Department report on state unemployment released this morning.


The state's unadjusted rate stood at 4.3 percent in August 2008.


Nationwide, the unadjusted unemployment rate fell to 9.6 percent in August from 9.7 percent in July.


But on a seasonally adjusted basis, the national rate rose to 9.7 percent in August from 9.4 percent in July. Seasonally adjusting the jobless rate helps to see trends better, experts say.


The Labor Department says 27 states saw their unemployment rates increase in August, and 14 states and Washington D.C. reported unemployment rates of 10 percent or above.


Forty-two states lost jobs last month, up from 29 in July, with the biggest payroll cuts coming in Texas, Michigan, Georgia and Ohio.


Michigan has the highest jobless rate of 15.2 percent, followed by Nevada at 13.2 percent, Rhode Island at 12.8 percent, and California and Oregon at 12.2 percent each.


The jobless rates in California, Nevada and Rhode Island were the highest on records dating to 1976.

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