Virginia’s unemployment rate ticked up to 3.2% last month, an increase of nearly half a percentage point from a year earlier, and a Volvo truck factory in Southwest Virginia just announced a second round of layoffs amid rising uncertainty over tariffs that President Donald Trump has imposed, particularly on trade with China.
On the other hand, the number of non-farm jobs in Virginia increased in March and unemployment claims have not risen dramatically, despite deep cuts in the federal workforce and private contractors that support government agencies.
Read the full story in the Richmond Times-Dispatch.
