By Mayor Tom Butt,
For decades, Richmond’s unemployment rate has hovered several percentage points above national, state and county average (See here).
For the first time ever, Richmond has beat that trend. With a 5.1-percent unemployment rate in September 2015, Richmond is tied with the US average of 5.1-percent and is below the state average of 5.9-percent.
With the exception of December 1999, when Richmond’s rate was 4.9-percent and December of 2000 when it was 5.0-percent, the current unemployment rate is thought to be the lowest since WWII.
— This post, including the chart below, first appeared in Mayor Tom Butt’s e-forum newsletter. The photo was snapped by his chief of staff, Terrance Cheung.