Department of Numbers

Richmond, Virginia Unemployment

The BLS reported that the unemployment rate for Richmond rose 0.1 percentage points in October 2018 to 3.1%. For the same month, the metro unemployment rate was 0.2 percentage points higher than the Virginia rate. The unemployment rate in Richmond peaked in January 2010 at 8.4% and is now 5.3 percentage points lower. From a post peak low of 3.0% in July 2018, the unemployment rate has now grown by 0.1 percentage points. You can also compare Richmond unemployment with unemployment in other cities.

Unemployment Rate October 2018 Month/Month Year/Year
National 3.7% 0.0 -0.4
Virginia 2.9% 0.0 -0.7
Richmond 3.1% +0.1 -0.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2018 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 52,343. There are now 31,299 fewer people unemployed in the metropolitan area. From a recent trough of 20,146 in September 2018, the number of unemployed has now grown by 898. Richmond employment and jobs data (including jobs lost/gained in Richmond, Virginia) is also available.

Unemployed Persons October 2018 Month/Month Year/Year
Richmond 21,044 +898 -4,494

Number of Unemployed Persons

Richmond, Virginia Unemployment History

Date National
Unemployment Rate
Virginia
Unemployment Rate
Richmond
Unemployment Rate
Richmond
Unemployed
November
2018
3.7%
October
2018
3.7% 2.9% 3.1% 21,044
September
2018
3.7% 2.9% 3.0% 20,146
August
2018
3.9% 3.0% 3.0% 20,700
July
2018
3.9% 3.1% 3.0% 20,784
June
2018
4.0% 3.2% 3.2% 21,811
May
2018
3.8% 3.2% 3.1% 21,321
April
2018
3.9% 3.3% 3.3% 22,676
March
2018
4.1% 3.4% 3.4% 23,091
February
2018
4.1% 3.5% 3.3% 22,649
January
2018
4.1% 3.6% 3.6% 24,324
December
2017
4.1% 3.6% 3.8% 25,858

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.