Among battleground states, Virginia has one of the lower unemployment rates: 5.9 percent in August. It also has fared better than many others in rebounding from the recession, gaining about two-thirds of 171,000 jobs lost, compared with a national recovery rate of about 45 percent, according to Scott Hoyt of Moody's Analytics.These days, Virginia is in an enviable position: It ended its fiscal year in June with a $448 million surplus that triggers a 3 percent bonus for state employees.
Va. Escapes Worst Of Recession But New Fears Ahead
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