Feeling the Pinch: The State of Working Virginia

First, the good news: Virginia’s workers are among America’s most productive. The state ranks in the top 10 in terms of worker productivity. More Virginians are
working and rates of participation in the labor force outstrip those of the United States as a whole and those of its nearest state neighbors.

Now, the bad news: Virginians are working harder and longer than ever, but are paid far less than they contribute. The growing gap between high and low wage earners in our economy has remained at the highest levels recorded since 1979. To make matters more challenging, coverage for health insurance and pensions has shrunk. And for those who do have health insurance, premiums in Virginia are among the highest in the country. Unemployment rates are on the rise, but the number of unemployed covered by the unemployment insurance system continues to lag.