US Labor Market Shows Strong Recovery with High Job Gains and Low Unemployment Rates.
TL;DR Summary
Virginia's labor force participation rate reached its highest level since June 2014, expanding by 21,687 individuals to a total of 4,550,748 in April. Over 25,000 more Virginians were employed compared to the previous month, resulting in a decline in the unemployment rate to 3.1%. Employment saw growth in seven out of eleven major sectors, with the largest job increase occurring in leisure and hospitality services. Virginia's unemployment rate remained below the national rate, which decreased to 3.4% in April.
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