Business

Peninsula continues to see employment growth in July

More people found jobs as the civilian labor force expanded in the greater Peninsula area in July, according to the latest labor data.

The greater Peninsula had 4,779 more people in jobs in July than in July last year, according to the Virginia Employment Commission data. The area’s labor force grew by 1,854 workers as 2,925 fewer people were jobless.

The greater Peninsula consists of Gloucester, Hampton, Isle of Wight, James City County, Mathews, Newport News, Poquoson, Williamsburg and York. All the area’s localities had unemployment rates lower in July than in July 2017.

Hampton, Newport News and Williamsburg continued to have higher unemployment than the Hampton Roads regionwide July unemployment rate of 3.3 percent, which is significantly down from 4.3 percent in July 2017, according to the VEC data.

Still, Hampton Roads had a higher unemployment rate than Virginia’s 2.9 percent in July.

The number of jobs in Hampton Roads also increased by 8,100 from July 2017 to July 2018, according to VEC data. Manufacturing and shipbuilding, retail trade, professional and business services, and leisure and hospitality all saw job gains in July compared with a year earlier.

These figures are not adjusted for seasonal factors. For more information, visit VirginiaLMI.com.

Unemployment rates in July 2018

U.S.: 4.1 percent

Virginia: 2.9 percent

Hampton Roads: 3.3 percent

Gloucester: 2.6 percent

Hampton: 4 percent

Isle of Wight County: 3.1 percent

James City County: 2.9 percent

Mathews County: 2.7 percent

Newport News: 3.6 percent

Poquoson: 2.7 percent

Williamsburg: 4.1 percent

York County: 2.8 percent

(Source: Virginia Employment Commission)

Bozick can be reached by phone at 757-247-4741. Sign up for a free weekday business news email at TidewaterBiz.com or follow @TidewaterBiz.

Article originally posted by dailypress.

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