Despite the unemployment rate plummeting, more than 92 million Americans remain out of the labor force.
The Virginia Employment Commission says the state’s jobless rate fell in April for the second consecutive month.
The unemployment rate in the District of Columbia has held steady at 8.6 percent.
Even though much has changed the past four years, President Barack Obama begins his second term with one thing that hasn’t: the unemployment rate.
The number of people seeking U.S. unemployment benefits fell sharply last week to a seasonally adjusted 410,000, though the figure was elevated for the second straight week by Superstorm Sandy.
President Barack Obama got much-needed good news Friday following his disappointing debate performance as the unemployment rate dropped to its lowest level since he took office. Republican rival Mitt Romney said Obama still hasn’t done enough to create jobs.
The U.S. unemployment rate has fallen to its lowest rate since January 2009.
Virginia’s unemployment rate ticked up slightly in June after remaining at the lowest rate in three years, but is still better than the national average.
A sobering economic snapshot intensified the presidential campaign on Friday as President Barack Obama rolled through two vote-rich battleground states and Republican Mitt Romney fended off conservative complaints about his plan for winning.
The suddenly dismal news on American jobs is a blow to President Barack Obama’s re-election argument that he has been a steward of recovery. It’s heightened White House anxiety over global threats to U.S. economic growth — and the president’s political prospects, too.