Virginia saw a 66.2 percent General Fund revenue increase in May according to a Friday announcement from Governor Ralph Northam. He also announced the appointment of Joe Flores as the new Secretary of Finance, and a Return to Earn Grant program to help provide bonuses to new hires at small businesses.
“Virginia’s economy is roaring back to life thanks to hard work following the science and one of the strongest pandemic responses in the country,” Northam said in a press release. Read More
A May survey from the NFIB found that nationally, seasonally-adjusted 48 percent of small businesses reported unfilled job openings for the fourth consecutive month.
“Virginia small businesses are having a historically hard time hiring workers and getting back to pre-COVID levels,” NFIB Virginia State Director Nicole Riley said in a press release. Read More
Virginia politicians are calling on Governor Ralph Northam to take steps to make sure unemployment benefits aren’t preventing potential employees from returning to work. Senate Republicans want to use American Recovery Plan funds to create “Back-to-Work” bonuses to incentivize current unemployment recipients to re-enter the workforce. Congresswoman Elaine Luria (D-Virginia-02) is calling for better enforcement of unemployment benefit eligibility rules. Read More