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County’s jobless rate drops

PULASKI COUNTY — Pulaski County saw a rebound in its unemployment rate for April, according to figures released Wednesday by the Virginia Employment Commission.
The county’s unemployment rate dropped from a seasonally adjusted 5.6 percent in March to only 4.1 percent in April, according to William Mezger, chief Economist for the VEC.
April saw 757 people out of work, compared to 1,042 in March.
The state also saw a big dip in its jobless rate, as did every other locality in the New River Valley.
“April was much better than March,” Mezger stated Wednesday. “Strikes in and out of Virginia, coupled with an early Easter and the furloughs it brings, caused March unemployment to be high. In April, we saw a rebound. The strike at Volvo was over, as were a series of strikes around the U.S. related mainly to General Motors. These strikes affected several plants in Virginia that supply GM and Volvo. All those workers were back on the job in April,” Mezger explained.
Plus, Virginia began to see in April its normal spring increase in tourism-related business, as well as increases in construction. “Construction, due to slower business conditions, got a later start this year, but the industry got going in April,” Mezger said.
Virginia recorded a 3.3 percent unemployment rate for April, down from 3.9 percent in March.
Mezger noted that Pulaski County’s April unemployment figure does not reflect the 1,000 workers laid off recently from Volvo.
Because the VEC’s reference week for May — the week the agency collects unemployment data — fell on May 11-17, Mezger said the latest Volvo layoffs won’t show up in the county’s jobless rate until the June figures which will be released in July.
Elsewhere in the New River Valley:
•Radford recorded an April rate of 4.0 percent, down from 4.9 percent in March.
•Montgomery County saw a 3.3 percent rate in April, down from 3.8 in March.
•Wythe County had a 4.0 rate in April, down a full point from March’s 5.0 percent.
•Giles County dropped to 4.4 percent in April, down from 5.1 percent in March.

County’s jobless rate drops

PULASKI COUNTY — Pulaski County saw a rebound in its unemployment rate for April, according to figures released Wednesday by the Virginia Employment Commission.
The county’s unemployment rate dropped from a seasonally adjusted 5.6 percent in March to only 4.1 percent in April, according to William Mezger, chief Economist for the VEC.
April saw 757 people out of work, compared to 1,042 in March.
The state also saw a big dip in its jobless rate, as did every other locality in the New River Valley.
“April was much better than March,” Mezger stated Wednesday. “Strikes in and out of Virginia, coupled with an early Easter and the furloughs it brings, caused March unemployment to be high. In April, we saw a rebound. The strike at Volvo was over, as were a series of strikes around the U.S. related mainly to General Motors. These strikes affected several plants in Virginia that supply GM and Volvo. All those workers were back on the job in April,” Mezger explained.
Plus, Virginia began to see in April its normal spring increase in tourism-related business, as well as increases in construction. “Construction, due to slower business conditions, got a later start this year, but the industry got going in April,” Mezger said.
Virginia recorded a 3.3 percent unemployment rate for April, down from 3.9 percent in March.
Mezger noted that Pulaski County’s April unemployment figure does not reflect the 1,000 workers laid off recently from Volvo.
Because the VEC’s reference week for May — the week the agency collects unemployment data — fell on May 11-17, Mezger said the latest Volvo layoffs won’t show up in the county’s jobless rate until the June figures which will be released in July.
Elsewhere in the New River Valley:
•Radford recorded an April rate of 4.0 percent, down from 4.9 percent in March.
•Montgomery County saw a 3.3 percent rate in April, down from 3.8 in March.
•Wythe County had a 4.0 rate in April, down a full point from March’s 5.0 percent.
•Giles County dropped to 4.4 percent in April, down from 5.1 percent in March.