CHARLOTTESVILLE, Va., Sept. 11 -- The University of Virginia issued the following news release:
University of Virginia experts predict Virginia's economy will see slight growth by the end of 2026, even though the state is expected to lose more than 18,000 jobs.
According to an Aug. 31 quarterly forecast from UVA's Weldon Cooper Center for Public Service, the state's economy is expected to grow by 0.5% in 2026, an improvement from May's forecast of a slight contraction.
But Virginia is projected to lose approximately 18,050 jobs in 2026, the second straight year of job losses.
"Virginia's labor market has remained uneven through the first half of the year. Employment declined in January and February, rebounded in March, weakened again in...