Youngkin Announces Record-High Virginia Employment Numbers
Governor Glenn Youngkin today announced more than 4.52 million people in Virginia’s labor force—the most ever since first recorded in 1976. The labor force participation rate has increased to 65.9% in March, a rate higher than the February 2020 pre-pandemic rate of 65.7%. According to Bureau of Labor and Statistics Local Area Unemployment Statistics (“LAUS”, or “the household survey”), the labor force in Virginia increased this month by 23,511 to 4,528,910.
Virginians Need and Deserve Additional Tax Relief
Last week, the Republican majority in the Virginia House of Delegates passed a $1 billion package of tax cuts for individuals and businesses, the centerpiece of Governor Glenn Youngkin’s economic agenda. But Democrats, who have a two-seat majority in the state Senate, have a laundry list of policies and programs they would prefer to spend the surplus money on rather than return it to taxpayers.
Tax policy is a non-partisan issue that has real-world economic consequences, especially when it comes to taxes on business income.
Youngkin Unveils Agenda to Grow Virginia’s Economy
Governor Glenn Youngkin unveiled “Compete to Win”, a comprehensive economic development policy to grow Virginia’s economy which he announced at the 2022 Virginia Economic Summit hosted by the Virginia Chamber of Commerce and Virginia Economic Development Partnership. Developed to address Virginia’s sluggish economic performance in recent years, the ambitious plan outlines a roadmap to enhance the Commonwealth’s competitive position and accelerate economic growth over the next three years.
Governor Youngkin Announces 100,000 Job Milestone
Governor Glenn Youngkin today announced that there are nearly 100,000 more Virginians employed today since the end of January.
Based on the Bureau of Labor Statistics (BLS) household survey data released today by the Virginia Employment Commission, Virginia added nearly 6,000 jobs in July.
Gov. Youngkin Observes ‘Hire a Veteran Day’ in Virginia
Governor Glenn Youngkin today officially welcomed Walmart as a Certified Virginia Values Veterans (V3) employer at a special National Hire a Veteran Day ceremony and presentation at the Walmart Supercenter at 11400 West Broad Street in Glen Allen.
The Governor was joined by Virginia Secretary of Veterans and Defense Affairs Craig Crenshaw, Virginia Commissioner of Veterans Services Daniel Gade, and representatives of Walmart to announce the retailer’s commitment to hiring Virginia veterans, transitioning service members and military spouses as a V3 program partner.
18,000+ Virginians Found Jobs in May 2022
Governor Glenn Youngkin today announced the number of employed Virginians expanded to more than 4.2 million workers in May 2022. Virginia has added nearly 80,000 since February. Virginia’s unemployment rate held steady at 3 percent in May. This continues to be below the national rate, which was unchanged at 3.6 percent. The Commonwealth’s labor force participation rate, measuring the proportion of the civilian population age 16 and older that is employed or actively looking for work, rose by 0.3 percent to 63.8 percent in May.
RNC Statement on May State Jobs Numbers
Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement on the May state jobs numbers:
“The numbers don’t lie and the contrast in leadership is stark – while Joe Biden and Democrat policies leave families behind, Republican governors are creating jobs and economic opportunity. Americans trust Republican leadership to unleash prosperity and know Democrats are to blame for rising prices and the pain at the gas pump. The choice couldn’t be more clear this November.”
Project 21 Laments Biden’s Return to “Carter Era”
“It was another disappointing month for the Biden Administration concerning jobs,” Project 21 noted last week. “The November unemployment report from the Bureau of Labor Statistics vastly underperformed economists’ expectations. Only 210,000 jobs were created – far below the predicted 573,000.”
Glenn Youngkin Rolls Out “Day One Game Plan”
Political outsider, successful business leader, and Republican nominee for governor Glenn Youngkin today announced his Day One Game Plan, laying out the actions he will take on his first day in office toward achieving his vision of making Virginia the best place to live, work, and raise a family. “We have a lot we need to get done here in Virginia, and we need to start strong,” Youngkin said.
Youngkin Announces Plan to Invest in All Virginians
On Thursday, political outsider, successful business leader, and Republican nominee for governor Glenn Youngkin delivered remarks outlining his plan for the Virginia budget surplus and American Rescue Plan Act (ARPA) funds.
Glenn outlined his plan in Richmond at the L. Douglas Wilder Library at Virginia Union University.