Metro Richmond leads state in 2023 job growth
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The Metro Richmond region led Virginia's 10 metropolitan regions in job growth in 2023, according to data from the Virginia Department of Workforce Development and Advancement.
The region added 16,300 non-farming jobs to climb to 718,900 total non-farm jobs, outpacing Northern Virginia, which added 11,200 to climb to 1,561,100.
Overall, nine of the 10 metro areas experienced over-the-year job gains, while one remained unchanged.
Virginia’s seasonally adjusted unemployment rate increased slightly in December to 3%, up from 2.9% in November, according to additional data from the department. The number of employed residents fell by 8,395 from November to December – to 4,484,295 – the report said. The number of unemployed residents increased by 6,632 to 138,771, which is 0.1 percentage points below the rate from a year ago. The seasonally adjusted unemployment rate in December is 0.7 percentage points below the national rate, which remained unchanged at 3.7 percent, according to the report. The largest job loss occurred in the government sector (down 6,200 to 736,200), while the second-largest job loss occurred in the professional and business services sector (down 6,000 to 805,100).
