Across the commonwealth, families are feeling squeezed by stagnant wages and rising costs. Too many Virginians are working part-time instead of full-time; too many college graduates are working in jobs that don’t require a four-year degree.
Virginia’s anemic economic growth rates have trailed the national average for five straight years. We even fell to the bottom ten states for economic growth in 2014. More people are moving out of Virginia than moving in. Our tax climate ranking fell to 33rd in 2017. We’ve dropped out of the top 10 on the CNBC list of Best States for Business, after being number one just five years ago.