Virginia’s economy shows signs of trouble as hiring slows, fewer people quit jobs

Virginia’s economy shows signs of trouble as hiring slows, fewer people quit jobs

A weakening labor market in Virginia and at the national level has policy watchers nervous about a possible economic downturn. Hiring is slowing in Virginia and fewer people are quitting their jobs as they brace for the possibility of a worsening economy due to the Trump administration’s federal cuts and tariff policies.  In June, 41,000 fewer people were hired for jobs in Virginia than in May, which was the largest decline in the country, accor…