Posts Tagged Virginia Economy

120,000 Virginians quit their jobs in October

New economic numbers are showing a rising number of people in Virginia quitting their jobs. Michael Pope reports that the Great Resignation is still underway in the Commonwealth. 

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The strange phenomena of rising wages and layoffs

Many workers in Virginia are making more money. But, as Michael Pope reports, that’s only if they can keep their jobs.

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State economy shows signs of growth, but many Virginians are still outside the labor force

Credit: MBandman / Flickr, Creative Commons: flickr.com/photos/mbandman/23033039562

The economy may be on the threshold of recession, depending on what metric you want to use to define recession. But, as Michael Pope tells us, Virginia’s economy is showing strong signs of growth.

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Virginia’s community colleges find a new leader, as Youngkin wants more focus on workforce development

Governor Glenn Youngkin and Secretary of Commerce and Trade Caren Merrick speak at a Women Business Leaders Forum on Friday March 18, 2022 in Richmond. (Credit: Jahd Khalil)

Virginia’s search for a new head of the state’s community college system ended Thursday. Jahd Khalil reports that Governor Youngkin was not pleased with the process. 

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The Economic Impact of COVID-19 is Hurting Certain Parts of Virginia More than Others

The economic crisis is hitting some parts of Virginia harder than others. Michael Pope has the story.

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Economic Recovery Following the Pandemic is on Track, But Could Take Longer in Rural Virginia

Recovering to pre-pandemic employment levels is expected to take longer in rural Virginia. Michael Pope reports.

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Latest Figures Show Down Unemployment Numbers, But There’s Still a Long Road Ahead

The number of people collecting unemployment insurance in Virginia has sharply declined in recent months. But, that doesn’t mean the employment situation is improving. Michael Pope reports.

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Comparing Virginia’s Unemployment with Other Localities Across the Country

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Credit: Bureau of Labor Statistics

Unemployment in Virginia is currently at 8.4%. That’s a dramatic increase since the pandemic hit. But, metropolitan areas in Virginia are actually doing significantly better than many other cities across the country. Michael Pope reports.

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Balancing the Budget: How Should Virginia Handle Economic Situation Amid the Pandemic?

StateSeal00Lawmakers are headed back to Richmond this month to put together a new budget, one that takes into account the new economic situation presented by the pandemic. And, they’ll be considering a number of proposals for raising new revenue. Michael Pope reports.

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Black Virginians Are Facing a New Onslaught of Job Losses

shareAs the economy opens back up in Virginia, some groups are faring better than others. Michael Pope reports.

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Forecasting the Pandemic’s Impact on the Virginia Economy

forecastAs unemployment claims mount, many people are worried about the future of the Virginia economy. Michael Pope reports about some potential light at the end of the tunnel.

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2019 State of the Commonwealth Report: A Healthy Virginia Economy

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Credit: Old Dominion University

Virginia’s economy continued to expand this year. Nick Gilmore reports that’s the finding of Old Dominion University’s annual State of the Commonwealth report.

You can find the full report here.

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Immigrants Look Poised to Play an Increasingly Important Role in Virginia’s Economy

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Credit: Commonwealth Institute

Virginia’s population has one of the largest percentages of immigrants in the country. And, they play a key role in the economy of the Commonwealth. Michael Pope reports.

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New Report: Federal Reliance Could Be Limiting Virginia’s Economy

economyIs Virginia’s economy being outpaced by the rest of the country? One new report suggests that’s the case. Michael Pope reports.

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Some Virginia Workers Are Continuing to Deal With Low Wages

StateSeal00Service sector employees in Virginia have been struggling for years with low wages. And now, they are looking ahead to an uncertain future. Michael Pope has the story.

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New Report: Virginia Economy Faces a Looming Slowdown

thumbnail_Screen Shot 2019-08-27 at 2.21.08 PMIs Virginia’s economy headed for a rough patch? Michael Pope looks into the crystal ball.

You can find the full report here.

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Proposed Changes to NAFTA Could Be Very Damaging to Virginia’s Economy

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Credit: MBandman / Creative Commons

International trade is playing an increasing role in Virginia’s economy, which means that a debate about to take place in Congress could have dramatic consequences for the Commonwealth. Michael Pope reports.

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New Report: 2018 Brought Virginia Economic Success

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Credit: Old Dominion University

2018 has been a very good year economically for Virginia, according to Old Dominion University’s annual State of the Commonwealth report. Nick Gilmore has details.

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Virginia Still Has Significant Wage Disparity A Decade After the Recession

wagedisparityThe recession is now a distant memory, and in many ways Virginia’s economy has improved. But, that rising tide has not lifted all boats. Michael Pope reports.

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People Protected Under DACA Have Big Impact on Virginia Economy

Immigration

Demonstrators hold up balloons during an immigration rally in support of the Deferred Action for Childhood Arrivals (DACA), and Temporary Protected Status (TPS), programs, near the U.S. Capitol in Washington, Wednesday, Dec. 6, 2017. (Credit: AP Photo / Jose Luis Magana)

Congress is in the midst of a heated discussion about Deferred Action for Childhood Arrivals, an immigration policy that will have important consequences for families across the country. But, as Michael Pope reports, it will also have dramatic consequences for Virginia’s economy.

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Virginia Economy Trails Historical Average and National Growth Rate

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Credit: Center for Economic Analysis and Policy

The Great Recession happened almost a decade ago.  But Virginia’s economy is still struggling to recover. Michael Pope reports.

Click here for more from the Center for Economic Analysis and Policy

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Kaine: Put Virginia’s Best Amazon Headquarters Pitch Forward

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Senator Mark Warner (left) and Senator Tim Kaine 

At a packed hotel ballroom of Northern Virginia’s business leaders, Tim Kaine and Mark Warner made a rare joint appearance Monday to talk about the state of the economy in Virginia. Michael Pope reports.

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McAuliffe to Introduce Legislation for Reform of the Virginia Economic Development Partnership

Governor-McAuliffe.jpgVirginia’s governor is suggesting changes to how the state doles out economic development money. The proposals come after investigators blasted the Economic Development Partnership for mismanagement. Mallory Noe-Payne has details.

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After Scandal and Audit, Virginia Economic Development Partnership Brings in New Leadership

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Stephen Moret

After a scathing audit, the embattled Virginia Economic Development Partnership is trying to turn itself around. And, as Michael Pope tells us, the group is bringing in new leadership.

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