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News
Virginia’s economy expected to grow modestly by end of 2026, job losses still expected
1+ week, 2+ day ago (314+ words) A new report from the University of Virginia’s Weldon Cooper Center for Public Service says Virginia’s economy is expected to grow modestly through the end of the year. However, job losses are also still expected. “It seems like we hit…...
Richmond Fed manufacturing index ticks up to 5 in July, missing forecasts by wide margin
1+ mon, 2+ week ago (421+ words) The Fifth District's composite manufacturing reading beat last month but fell well short of consensus, signaling a sector that's improving in slow motion The Richmond Federal Reserve’s composite manufacturing index for July 2026 came in at 5, up one point from June’s…...
Virginia unemployment rate ticks up, as labor pool shrinks
4+ mon, 3+ week ago (512+ words) The gradual increase in unemployment to begin this year coincides with a decreasing labor force, driven by cuts in federal government employment and fewer jobs in professional and business services, which often reflect changes in federal jobs and contract spending....
University of Kentucky seniors face a challenging job market as graduation approaches in just one month
4+ mon, 4+ week ago (400+ words) LEXINGTON, Ky. (LEX 18) — University of Kentucky seniors are facing a challenging job market as graduation approaches in one month. The economic challenges experienced across the country are landing on the doorstep of off-campus apartments and homes near the university. Nicole…...
New report finds Virginia workforce ‘especially exposed’ to AI impacts
8+ mon, 11+ hour ago (281+ words) CHARLOTTESVILLE, Va. (WVIR) - A new report from the Virginia Chamber of Commerce Foundation found that the Commonwealth’s workforce is “especially exposed” to the impacts of artificial intelligence. The Virginia AI Landscape Assessment, prepared by Economic Leadership LLC and supported by…...