Overall unemployment rate moved down to 2.2% with the biggest shift in Government, which gained 400 roles, based on the most recently available information published in June 2022.

Total employment in the Blacksburg-Christiansburg-Radford, VA market rose by 26 jobs in April and the unemployment rate decreased compared to the prior month by 40 bps to 2.2%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.

  • Blacksburg-Christiansburg-Radford, VA unemployment rate is 114 bps below the national rate which is a positive sign.
  • Unemployment in the market is 90 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in April versus prior month by 12.4% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Blacksburg-Christiansburg-Radford, VA Unemployment April 2022

For key employment segments of the market, total jobs grew by 1.5% . Key sectors include:

  • Government: 26,500; +400
Blacksburg-Christiansburg-Radford, VA Unemployment by Industry April 2022

Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.