Document Type

Book Chapter

Publication Date

2025

DOI

10.25776/y32s-6g23

Publication Title

2025 State of the Commonwealth Report

Pages

2-51

Abstract

As we near the end of 2025, we now have sufficient evidence that economic activity has slowed in Virginia. The civilian labor force and the number of individuals reporting they are at work has fallen in 2025. Weekly continued unemployment claims, which capture individuals who are unemployed, looking for work, but have not found work, have been higher for each week of 2025 when compared to 2024. Job growth has continued, but the economy is buffeted by tariffs and declines in federal employment.

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