economy
Virginia Tops Charts for Job Losses While Ranking in the Top for Businesses
Virginia climbed to the top of CNBC’s annual ranking of America’s “Top States for Business” last week, but the accolade comes as the commonwealth continues to post some of the weakest job growth in the nation.
TL;DR
- Virginia ranked as CNBC's top state for business.
- The commonwealth posted one of the weakest job growth rates in the U.S.
- Virginia lost 51,400 jobs from May 2025 to May 2026.
- This represents a 1.2% decline in employment for Virginia.
- The job loss in Virginia was greater than any other state during this period.