Department of Numbers

Richmond, Virginia Unemployment

The BLS reported that the unemployment rate for Richmond fell 0.0 percentage points in September 2022 to 3.1%. For the same month, the metro unemployment rate was 0.5 percentage points higher than the Virginia rate. The unemployment rate in Richmond peaked in April 2020 at 11.7% and is now 8.6 percentage points lower. From a post peak low of 3.0% in July 2022, the unemployment rate has now grown by 0.1 percentage points. You can also compare Richmond unemployment with unemployment in other cities.

Unemployment Rate September 2022 Month/Month Year/Year
National 3.5% -0.2 -1.2
Virginia 2.6% 0.0 -0.8
Richmond 3.1% 0.0 -0.6
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2022 data as October 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 April 2020 at 80,609. There are now 60,105 fewer people unemployed in the metropolitan area. From a recent trough of 20,370 in July 2022, the number of unemployed has now grown by 134. Richmond employment and jobs data (including jobs lost/gained in Richmond, Virginia) is also available.

Unemployed Persons September 2022 Month/Month Year/Year
Richmond 20,504 -189 -4,348

Number of Unemployed Persons

Richmond, Virginia Unemployment History

Date National
Unemployment Rate
Virginia
Unemployment Rate
Richmond
Unemployment Rate
Richmond
Unemployed
October
2022
3.7%
September
2022
3.5% 2.6% 3.1% 20,504
August
2022
3.7% 2.6% 3.1% 20,693
July
2022
3.5% 2.7% 3.0% 20,370
June
2022
3.6% 2.8% 3.1% 20,580
May
2022
3.6% 3.0% 3.1% 20,824
April
2022
3.6% 3.0% 3.1% 20,835
March
2022
3.6% 3.0% 3.2% 21,316
February
2022
3.8% 3.2% 3.4% 22,359
January
2022
4.0% 3.3% 3.5% 23,453
December
2021
3.9% 3.3% 3.6% 24,114
November
2021
4.2% 3.3% 3.6% 23,980

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.