Department of Numbers

Richmond, Virginia Unemployment

The BLS reported that the unemployment rate for Richmond rose 0.2 percentage points in October 2016 to 4.3%. For the same month, the metro unemployment rate was 0.1 percentage points higher than the Virginia rate. The unemployment rate in Richmond peaked in January 2010 at 8.4% and is now 4.1 percentage points lower. From a post peak low of 3.7% in May 2016, the unemployment rate has now grown by 0.6 percentage points. You can also compare Richmond unemployment with unemployment in other cities.

Unemployment Rate October 2016 Month/Month Year/Year
National 4.9% -0.1 -0.1
Virginia 4.2% +0.2 0.0
Richmond 4.3% +0.2 0.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2016 data as November metro level unemployment data has not yet been released.

Unemployment Rate: Richmond, Virginia, National

Richmond, Virginia monthly unemployment rate chart

Note: Recessions shown in gray.

Richmond, Virginia Unemployed

The number of people unemployed in Richmond peaked in February 2010 at 52,315. There are now 23,179 fewer people unemployed in the metropolitan area. From a recent trough of 24,574 in May 2016, the number of unemployed has now grown by 4,562. Richmond employment and jobs data (including jobs lost/gained in Richmond, Virginia) is also available.

Unemployed Persons October 2016 Month/Month Year/Year
Richmond 29,136 +1,639 +527

Number of Unemployed Persons

Richmond, Virginia Unemployment History

Date National
Unemployment Rate
Virginia
Unemployment Rate
Richmond
Unemployment Rate
Richmond
Unemployed
November
2016
4.6%
October
2016
4.9% 4.2% 4.3% 29,136
September
2016
5.0% 4.0% 4.1% 27,497
August
2016
4.9% 3.9% 4.0% 26,552
July
2016
4.9% 3.7% 3.9% 26,274
June
2016
4.9% 3.7% 3.8% 25,266
May
2016
4.7% 3.7% 3.7% 24,574
April
2016
5.0% 3.9% 3.9% 25,616
March
2016
5.0% 4.0% 4.1% 27,193
February
2016
4.9% 4.1% 4.0% 26,796
January
2016
4.9% 4.1% 4.1% 27,679
December
2015
5.0% 4.2% 4.2% 28,400

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.