Loudoun County, Virginia-Buyer & Seller's Market Report
Employment increased by 1,785 jobs in Loudoun County during July and August. However, the number
of job seekers also increased. The combined effect of these two trends was an increase in the average
monthly unemployment rate from 1.8% for the second quarter to 1.9% in the first two months of the third
quarter. The solid job growth may help to offset the effect of rising mortgage rates on home sales.
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