Lynchburg, Virginia Unemployment
The BLS reported that the unemployment rate for Lynchburg rose 0.1 percentage points in November 2023 to 3.6%. For the same month, the metro unemployment rate was 0.7 percentage points higher than the Virginia rate. The unemployment rate in Lynchburg peaked in April 2020 at 10.9% and is now 7.3 percentage points lower. From a post peak low of 3.0% in January 2022, the unemployment rate has now grown by 0.6 percentage points. You can also compare Lynchburg unemployment with unemployment in other cities.
| Unemployment Rate | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | -0.1 | +0.1 |
| Virginia | 2.9% | +0.2 | -0.3 |
| Lynchburg | 3.6% | +0.1 | +0.1 |
Unemployment Rate: Lynchburg, Virginia, National
Note: Recessions shown in gray.
Lynchburg, Virginia Unemployed
The number of people unemployed in Lynchburg peaked in April 2020 at 13,012. There are now 8,511 fewer people unemployed in the metropolitan area. From a recent trough of 3,598 in March 2022, the number of unemployed has now grown by 903. Lynchburg employment and jobs data (including jobs lost/gained in Lynchburg, Virginia) is also available.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Lynchburg | 4,501 | +125 | +148 |
Number of Unemployed Persons
Lynchburg, Virginia Unemployment History
| Date | National Unemployment Rate |
Virginia Unemployment Rate |
Lynchburg Unemployment Rate |
Lynchburg Unemployed |
|---|---|---|---|---|
| December 2023 |
3.7% | — | — | — |
| November 2023 |
3.7% | 2.9% | 3.6% | 4,501 |
| October 2023 |
3.8% | 2.7% | 3.5% | 4,376 |
| September 2023 |
3.8% | 2.5% | 3.3% | 4,221 |
| August 2023 |
3.8% | 2.5% | 3.2% | 4,075 |
| July 2023 |
3.5% | 2.5% | 3.2% | 3,972 |
| June 2023 |
3.6% | 2.7% | 3.2% | 4,039 |
| May 2023 |
3.7% | 2.9% | 3.3% | 4,081 |
| April 2023 |
3.4% | 3.1% | 3.3% | 4,112 |
| March 2023 |
3.5% | 3.2% | 3.4% | 4,175 |
| February 2023 |
3.6% | 3.2% | 3.4% | 4,258 |
| January 2023 |
3.4% | 3.2% | 3.5% | 4,337 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
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